Tagged: retirement

4

(Legally) add more than $5,500 to your Roth IRA each year

I add $6735 in cash to my Roth IRA each year. Those of you over 50 may already be “catching up” by adding $6500 a year. However, I am only 31. How am I able to add more than the IRS-mandated $5500 a year and keep it all tax free?...

0

Importance of Savings

Just heard a good (but scary) segment on Mark Belling’s show on 1130 WISN.The segment discussed how unprepared many of today’s seniors are for retirement. According to research from the Center for Retirement Research, the median 401(k) balance for households headed by people aged 55 to 64 who had retirement...