$25 per hour is $52000 a year. Find out how this is calculated and pick up budgeting tips and side hustle ideas.
The post $25-an-Hour Is How Much a Year? (Plus Budgeting and Side Hustle Tips) appeared first on Good Financial Cents®.
Retirement is a milestone that many people look forward to with great anticipation. While the freedom of having more time to spend with loved ones, pursue hobbies, or travel is certainly something to be celebrated, it is also important to plan, save, and invest so this future can be a reality. It’s never too late […]
The post The Ultimate Guide to Investing for Retirement at Age 60 appeared first on SoFi.
One of the most common, and complicated, retirement questions has always been, “Will I have enough?” Here’s how to make sure.
Internal Revenue Service (IRS) rules require companies with 401(k) retirement plans to identify highly compensated employees (HCEs). An HCE, according to the IRS, passes either an ownership test or a compensation test. Someone owning more than 5% of the company would qualify as an HCE, as would someone who was compensated more than $135,000 for […]
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In theory, thereâs no limit to how many individual retirement accounts (IRAs) one person can have. A retirement saver could potentially maintain more than one traditional IRA, Roth IRA, rollover IRA, or simplified employee pension (SEP) IRA in order to gain certain tax advantages now, and potentially down the road. That said, the rules governing […]
The post Can You Have Multiple IRAs? appeared first on SoFi.
Protecting a nest egg is tough enough. Don’t make the situation far worse.
Did you realize all these tax credits and deductions exist — or that they apply to retirees?
Continuing to work in retirement is possible, but requires a change in approach.
The post 14 Best Types of Investment Vehicles appeared first on Well Kept Wallet.
A windfall can have a huge impact on your finances, and it’s not always great if you don’t plan. Here’s how to prepare for a big influx of cash.