“No one buys an annuity… they are sold annuities,” says author Stan Haithcock. This complicated financial product is often overhyped, but a new tax law may make certain kinds of annuities attractive to young investors as part of an overall retirement strategy.
Finding investments that align with your social values isn’t always easy; socially responsible mutual funds have high expenses and minimum investments. Motif is an alternative broker that lets you create baskets of stocks for a single trade commission.
If you’re single and make more than $129,000 per year or married and jointly make more than $191,000 per year, congrats: You are no longer eligible to contribute to a Roth IRA. How can you still optimize your retirement savings if you’re over Roth IRA income limits?
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