Navigating the tax implications of IRA contributions as a US expat involves understanding the different types of IRAs, traditional and Roth, and how they can be used while living abroad. This article aims to demystify the process and provide American expats with the critical information they …
Retirement Savings Articles and Interviews (tag)
Beyond 401(k): Exploring Diverse Retirement Plan Choices
As part of managing our financial affairs, saving for retirement should become our number one priority. While 401(k) plans provide tax advantages and security when saving for retirement, diversifying strategies provide greater safety, flexibility, and growth potential. By conducting extensive …
Managing Your Finances While Self-Employed
When you’re self-employed, there are so many benefits like flexible working hours and independence. However, it also means you’re the one who needs to manage your own finances and pay your own taxes. When you’re self-employed it’s inevitable that at some point your income will be irregular, so you …
Fruits of Your Labor: Steps to Take to Enjoy a Happy and Healthy Retirement
If you are dreaming of a healthy retirement full of adventure, leisure, and, of course, fun, it is essential to start planning ahead of time. You want to give yourself enough cushion to do the things you want without having to stress about money or bills. Like all things in life, setting yourself up …
Rolling over Your Retirement Account in a Gold IRA – What’s the Point?
Most people are aware that the value of their retirement account can fluctuate, but what they may not know is that gold provides a hedge against inflation. Unlike stocks and bonds, gold has always maintained its value through the centuries. Gold IRAs offer tax advantages over traditional IRAs …
How to Prioritize Yourself as a Small Business Owner
As a wildly successful business owner or entrepreneur, it’s all too easy to get carried away with your own success. You’ve put everything you have-- blood, sweat and tears-- into your fledgeling business and thanks to your perseverance, it’s paid off. You deserve your success! Focusing on your …