According to the U.S. Department of Agriculture (USDA), raising a child to the age of 18 sets families back an average of $233,610, and thatâs for each child. This figure doesnât even include the cost of college, which is growing faster than inflation. CollegeBoard data found that for the 2019-2020 school year, the average in-state, […]
The post 10 Financial Steps to Take Before Having Kids appeared first on Good Financial CentsÂ®.
Using Wade Pfau’s data and “predictions” of the future, we’re creating an updated Trinity Study to use for our retirement planning.
SEP IRA stands for Simplified Employee Pension Individual Retirement Account. (Many people mistakenly think âSEPâ stands for âSelf-Employedâ.) Itâs a retirement plan that an employer or self-employed individuals can establish. This account is primarily for…
The post What Is a SEP IRA and How Does It Work? appeared first on Crediful.
The IRS has released their 401k contribution guidelines for the 2021 tax year. How much can you contribute to your retirement account in 2021?
The post 401k Contribution Limits And Rules appeared first on Bible Money Matters and was written by Peter Anderson. Copyright Â© Bible Money Matters – please visit biblemoneymatters.com for more great content.
With all the talk about Roth IRAs it’s easy to forget about traditional IRAs, especially if they aren’t tax deductible. An Ask GFC reader has asked a question about this very topic: “I have contributed the maximum to my company 401K plan. Can I still contribute to an IRA (after tax money) – even though […]
The post Ask GFC 031: Can I Still Contribute to an IRA – Even if I Don’t Get a Tax Break? appeared first on Good Financial CentsÂ®.
Are you new to investing? Not sure where to start? Investing for beginners can be overwhelming. There are so many moving parts. With that said, we hope the process we’ll show you today will make it easier for you to get started. What follows are ten steps you can take to become a successful investor…. Read More
The post Better Investing for Beginners appeared first on Credit.com.
Change has to start somewhere, and for many people that change is easier to make if the starting point has some meaning. It can be a birthday, an anniversary, or any other date with some symbolic weight. Most commonly, people…
The post The 5 Best Financial New Year’s Resolutions appeared first on MintLife Blog.
This weekâs Mint audit introduces us to Selena, 48, a mom of two living in San Antonio, Texas. She is a community college director and her husband, 51, is a full-time graphic designer who also manages a booming side hustle…
The post Mint Money Audit: Making the Most of a Side Hustle appeared first on MintLife Blog.