Can You Contribute To A Roth IRA After Retiring?
Roth IRAs are funded with after-tax dollars. Earned income is the key to this question, and the eligibility rule applies regardless of a person's age.
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Why Time In The Market Almost Always Beats Timing The Market
We spoke with Peak Retirement Planning CEO Joe F. Schmitz Jr. about timing the market and why time in the market, for most, results in better success.
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Why It's Important To Factor Social Security Into Your Estate Planning
The Social Security Administration has a specific way of handling benefits for anyone who needs help managing their money, like in the event of death.
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Experts Warn Against Following Tim Walz's Retirement Savings Move, Call It A 'Mistake'
Tim Walz withdrew from his retirement account to help pay for his daughter's college expenses. Here's what the decision meant for the Walzes' savings.
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How To End The Year Financially Strong
Finishing the year off financially strong lets you start the new year off in the best possible way. You don't want to carry over anything from the prior year.
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Does The National Debt Actually Affect You And Your Wallet?
The national debt reached $35 trillion in July 2024. But, this is the government's debt, so does it actually affect your wallet? In a way; here's how.
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Millionaires Follow This Edgy Investing Rule For The Biggest Payoff
Hear about the next big thing in stocks? Money Digest's Daniel Feininger explains how this investing rule takes those trends, only to do the opposite.
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Dave Ramsey Reveals The Age People Should Start Taking Social Security, But There's A Catch
For this strategy, it's important to remember that the full retirement age for Social Security is now age 66 or 67, depending on the year you were born.
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You're Not Alone: The Amount Of People Behind On Their Retirement Savings Is Staggering
Retirement is fast approaching for many. According to Alliance for Lifetime Income, 11,200 Americans will turn 65 every day in 2024, on through 2027.
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Think Twice Before You Discuss This Financial Information With Friends
While money doesn't have to be a non-topic when talking with friends, there are some things to keep in mind if/when it comes up in your conversations.
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Influencers Who Promoted Shady Crypto Scams
With thousands of different cryptocurrencies, it can be difficult to know what to invest in. Unfortunately, many may follow the lead of influencers.
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You've Been Warned: This Common 401(k) Rollover Mistake Will Cost You
This particular 401(k) mistake will result in a hefty tax bill that is entirely avoidable. Whether a direct or indirect rollover, here's what you need to know.
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Members Of Congress Who Have Made A Fortune From Stock Trading
We've covered the richest members of Congress, but in this article, we take a closer look at congressional members who've made money on Wall Street.
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A Majority Of Americans Worry Their Retirement Funds Will Run Out
For a majority of Americans, a common financial worry centers on having enough money during their retirement years. Here are a few ways to strategize.
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Lower Interest Rates Are Coming: Here's How Some Investors Stay Prepared
As Fed rate cuts loom, Money Digest's Richard Sachek, a FINRA-licensed professional, explains how investors can position themselves for the inevitable.
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Don't Let The 'September Effect' Fool You Into A Bad Investment Move
Based on nearly 100 years of market data, many believe in the "September Effect." However, many experts will advise you not to let the past impact the present.
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Historically, How Does The Market Perform In September?
When it comes to equities, September isn't historically a month investors look forward to, especially when compared to months like November and December.
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Why You Should Be Worried About The Uptick In Startup Shutdowns
Much like corporate earnings, the success of startups can provide insight into the economy overall. Plus, when they shut down, there are ripple effects.
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How Does A Backdoor Roth IRA Work?
A backdoor Roth IRA is a strategy that allows high-income earners to open a future Roth, despite income limits. It makes use of the rules of a traditional IRA.
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How The VIX Provides Insight Into The Market's Direction
The VIX, or CBOE Volatility Index, was created in 1993. A metric for market volatility, the index bases its volatility expectations on S&P 500 index options.
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Here's How Much Airbnb Hosts Really Make, Per Study
At last count, there were ~2.2 million Airbnb hosts in the U.S. Note that how much Airbnb hosts make varies by location; in some cases, it's by over 40%.
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Why You Should Be Paying Attention To Corporate Earnings (Even If You Don't Care)
Beyond revealing whether or not a company was recently profitable, you can also use corporate earnings as a trend indicator. Here's how.
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Who Actually Benefits The Most Financially During A Recession?
While you can guess that the wealthiest of consumers can benefit from a recession, there are two other groups that can also come out of a recession better off.
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How To Survive A Recession (And Prosper When It's Over)
While a recession brings economic hardship, there are ways to weather one as an investor, as well as set yourself up for the eventual rebound to follow.
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Why It's Important To Keep Calm When The Markets Are Crashing
When markets fall, one mistake investors make is they panic. Experts, however, would advise you to keep calm, and maybe even do the opposite of selling.
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What Is Wall Street's 'Fear Gauge' And Why Is It Spiking?
Wall Street's "fear gauge" refers to the VIX index, or the CBOE Volatility Index. On August 5, the VIX index soared by as much as 42 points. Here's why.
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Telltale Signs A Romance Scammer Is Making A Move On Your Money
Per the FTC, consumers reported 64,003 romance scams in 2023. And out of all imposter scams, romance scams bilk victims out of the most money on average.
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