Tag: roth ira
Save (for) the Children: Series “I” Bonds vs Roth IRAs vs HSAs vs 529 Savings
Life is good when you understand your finances. There are many tools parents have to assist children in getting a head start. To prepare your children financially, YOU must be financially prepared. Therefore, getting your act together is a top priority before your children leave home. I spent many years struggling with my money until…
Roth IRAs vs. HSAs
As we grow older, lowering our tax burden becomes a more significant part of our lives. Our income should increase every year, and if we don’t take the necessary steps, so will our taxes. Roth Individual Retirement Accounts, or Roth IRAs, allow us to invest after-tax monies and keep all the principles and gains growing…
Series “I” Bonds vs Roth IRAs
With a recession on the horizon, we need to invest with a long-term mindset. We aren’t going to make double-digit returns over the next few years. What are some investing options we have with a 20+ year timeframe? Today, I want to talk about Series “I” Bonds and Roth IRAs because they are very similar,…