A Roth IRA is a double-tax-advantaged retirement savings account that offers tax-free earnings growth and tax-free distributions. Given the limited opportunities for these tax advantages, opening a Roth IRA is a great way to become financially independent by retirement. So let’s uncover how this powerful investment option works: What Is a Roth IRA? A Roth Individual Retirement…
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When it comes to paying off debt or saving, the question of whether it’s possible or makes sense is one that gets asked pretty often. Should I pay off debt versus save? Or, how about both? Well, the answer is – it depends on your current financial situation. Let’s discuss this in more detail. How to…
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