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Asset vs. wealth management: Differences + Who to hire
Are you looking for investment advice or a full financial roadmap? Both advisors help you manage your money, but your best fit might vary.
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Tax-advantaged accounts: Types + wealth-building benefits
A mix of tax-advantaged accounts is ideal, but you might prioritize one or the other based on your income and financial goals.
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How much does the average American pay in taxes? [2024]
While the average federal income tax paid in the United States is around $14,279, your personal tax burden will depend on factors like income, filing status, and deductions.
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What is a nondeductible IRA? Who’s eligible + is it worth it?
Nondeductible IRAs accept after-tax contributions, and whether your IRA is traditional or nondeductible depends on your overall retirement strategy and income. Learn if you qualify for deductions and the benefits of each below.
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Which is best: Solo 401(k) vs. SEP IRA (+ how to choose)
A solo 401(k) is best for the self-employed with no employees, boasting high contribution limits. SEP IRAs are great for small businesses but only accept employer contributions.
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Average American retirement savings: Is your strategy on track?
The average ($260K) and median ($80K) retirement savings are a good way to check if your savings are falling behind or ahead of schedule. Compare your strategy and average balances by age to adjust your goal and savings.
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20+ achievable financial goal examples for every age
Review these helpful financial goals examples by age to strategize the best ways to save for the future of your dreams.
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How to start a 401(k) and start saving this week [for employees]
Starting a 401(k) retirement plan is relatively straightforward if your job offers one — you might even be automatically enrolled. But there’s more to know about your investment options, fees, and taxes.
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Differences between 403(b) vs. Roth IRA + how to choose
403(b)s and Roth IRAs are two types of tax-advantaged accounts that differ by tax treatment, eligibility, contribution limits, and more. Explore the key differences and how to tell what fits in your retirement plans below.
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How to open a 401(k) without an employer step-by-step
You can open a solo 401(k) if you’re self-employed. All you have to do is confirm your eligibility, find a provider, and apply. Learn more about these plans and benefits below.
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How to check your 401(k) balance: Online, phone, and more
It’s important to check your balance every year or so and adjust your 401(k) contributions and strategy accordingly. Explore different scenarios and solutions below.
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How to avoid capital gains tax on stocks: 7 key strategies
With the right investment strategies and financial planning, you can legally reduce and even avoid paying capital gains taxes on stocks.
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Can I cash out my 401(k) while still employed? Yes, here’s how
Your 401(k) can be a lifeline when you’re in a pinch, and there are a few ways to avoid expensive taxes and fees when accessing it. Learn more about your options and when to tap into your 401(k) below.
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Should I max out my 401(k)? Strategic contribution tips
It might not be realistic to max out your 401(k), but you can still effectively save for retirement. Learn how to determine the right contribution for your strategy.
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Rollover IRA vs. Traditional IRA: Differences to know
They’re two types of IRAs, but rollover funds may have different rules and tax advantages. Learn more about IRAs and options to manage your retirement assets below.
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Roth 401(k) vs. Roth IRA: Differences + which is better for you
Roth 401(k) and IRA are similar thanks to after-tax contributions and tax-free withdrawals during retirement. But they do have important differences you need to know.
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Can I change my 401(k) contribution at any time?
Typically, you can change your 401(k) contribution at any time, but the specific rules and processes may vary depending on your employer's plan.
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How much should I contribute to my 401(k) to retire?
Your contribution goals depend on several factors – your income, age, retirement goals, lifestyle, and more. Compare your current strategy with expert recommendations below and learn how to make the most of available tax advantages.
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Can you contribute to a 401(k) and IRA? Yes + what to know
Both 401(k)s and IRAs are tax advantaged, but contributing to both might impact your eligibility for tax perks like IRA deductions. Learn more below to maximize your investment strategy.
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How to retire at 40: Crucial tips to fast-track retirement
To retire at 40, you’ll need to save a total of $4,904,685, choose the right FIRE approach, invest wisely, and plan for the unexpected. Uncover crucial tips to fast-track your retirement plan and achieve your financial goals.
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Traditional vs. Roth 401(k): A 2024 Cheat Sheet
It’s hard to beat the wealth-boosting power of a traditional 401(k), but there are a few specific scenarios where it might make sense for you. Find out in two easy steps below.
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Are there tax advantages to being married? 6 Benefits
Married couples who file their taxes jointly can claim higher deductions and credits. This can help reduce your tax liability and boost your savings.
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Is a 401(k) worth it? Yes, considering these factors
A 401(k) is a powerful and easy-to-enroll retirement account that can significantly increase your wealth and reduce tax liability. But, you’ll want to consider your retirement goals and diversify your investment vehicles accordingly.
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How to retire at 30: Strategies for early retirement
Aggressive investments, a balanced portfolio, long-term planning, and smart tax strategies are the key to your early retirement dreams.
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How much money do you need to live off interest comfortably?
Many Americans need at least $1 million invested to live off interest, but it varies. Explore how to live off interest and calculate how much you need for retirement.
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Liquid net worth: What it is + how to calculate
Liquid net worth is your available cash and equivalent assets after subtracting the value of any debts you owe. Learn how to calculate it for your budget below.
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10 Types of financial advisors + how to choose which you need
Personalized guidance to grow your wealth needs the right type of financial advisor. Compare CFPs, investment advisors, robo-advisors and other professionals.
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Are financial advisors worth it, really?
It depends – expert financial advice can accelerate your success, but it’s not guaranteed and the fees get steep.
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