As you compare Roth vs. traditional IRAs, know that it isn’t an either-or decision. Both can be used to increase retirement savings.| Bankrate
SIMPLE IRAs are a great option for small businesses in search of a straightforward and inexpensive retirement plan. Here's how a SIMPLE IRA works.| Bankrate
Smart asset allocation involves creating a portfolio that optimizes your long-term return and minimizes your risks while you achieve it.| Bankrate
Tax-loss harvesting gives you an opportunity to score a tax break on a poor investment and offset other taxable gains.| Bankrate
Portfolio rebalancing acts as a tune-up for your investments. It ensures your risk tolerance aligns with your long-term financial goals.| Bankrate
While it was originally set up as a way to pay for the spiraling costs of college, a 529 plan can be used to pay off student loan debt.| Bankrate
Learn what you need to know about the contribution limits for 529 education plans, including state caps and tax implications.| Bankrate
One way to start investing in real estate without the need for a large chunk of capital is to buy shares of a real estate investment trust, or REIT.| Bankrate
High-income individuals that can't contribute directly to a Roth IRA can contribute using a backdoor option. Learn from Bankrate about the benefits of using a backdoor Roth IRA.| Bankrate
The Roth 401(k) and the traditional 401(k) each offer a different type of tax advantage, and choosing the right plan is one of the biggest questions workers have about their 401(k).| Bankrate
The SECURE Act 2.0 became law in the last days of 2022, and the act provides new assistance for retirement savers, small businesses and many others.| Bankrate
A Roth IRA is one of the most popular ways for individuals to save for retirement, and it offers some big tax advantages.| Bankrate
If you’re leaving your job for a new employer, it’s important to address rolling over your 401(k). The wrong decision could cost you.| Bankrate
Hardship withdrawals allow the owner of a 401(k) or similar retirement plan to withdraw money from the account to meet a dire financial need.| Bankrate
Retirement planning can be an overwhelming endeavor, but it’s vitally important to ensure that your financial needs are met once you’re no longer working. Here’s what you need to know about retirement planning.| Bankrate
In certain hardship situations, the IRS lets you take withdrawals before age 59 1/2 without a penalty. Bankrate has what you need to know.| Bankrate
A required minimum distribution, or RMD, is a specific amount of money that must be withdrawn from some retirement plans the year after you turn 72. After decades of contributing to your retirement plan, you might be approaching the time to start taking money out of it. Some retirement accounts have required minimum distributions.| Bankrate
Experts don’t recommend raiding your retirement plan for cash if you can avoid it, but you can tap your 401(k) plan through a 401(k) loan.| Bankrate
The solo 401(k) might be the best retirement option for one-person businesses, because of how quickly you can amass money in the plan.| Bankrate
A SEP IRA is a tax-deferred retirement plan for anyone who is self-employed, owns a business, employs others, or earns freelance income. Here's everything you need to know.| Bankrate
Mutual funds and ETFs can both offer many benefits for your portfolio, including instant diversification at a low cost.| Bankrate
Low-cost index funds are a great way for both beginning and advanced investors to invest in the stock market. Learn how to invest in index funds.| Bankrate
ETFs are a type of fund that owns various kinds of securities, often of one type. Here’s what you need to know about ETFs and why investors like them.| Bankrate
Here you’ll find tips for what you can do to improve your ability to save and what goals you should be aiming for, starting today.| Bankrate
There are two main reasons to save: Insurance against bad financial weather and provision for your retirement. But how much do you need?| Bankrate
A Roth 401(k) is an employer-sponsored investment account in which an employee contributes after-tax funds that may be withdrawn tax-free in retirement.| Bankrate
Learn about the 403(b) retirement plan and how it works. Bankrate can help you understand your retirement plan options.| Bankrate
It’s never been easier to buy stocks. If you have a little bit of money and a brokerage account, you can buy a piece of a publicly traded company.| Bankrate
A mutual fund is an investment vehicle that allows individuals to invest their money along with other investors. Most mutual funds invest in a large number of securities, allowing investors to diversify their portfolios at a low cost.| Bankrate
Investing in individual stocks isn’t for everybody. Here’s what you need to know about the stock market before you start investing.| Bankrate
An expense ratio measures how much you’ll pay over the course of a year to own a fund, and a high expense ratio can significantly impact your returns.| Bankrate
Learn how to invest in the S&P 500 index fund and what to consider when adding the S&P 500 to your long-term portfolio.| Bankrate
Diverting a portion of your paycheck into a tax-advantaged retirement savings plan can help grow your wealth for your golden years.| Bankrate
Tax season is a great time to join the many other workers who are securing their financial futures by saving for retirement. Maximize your 401(k) with these tips.| Bankrate
Dollar-cost averaging is a simple way to help reduce your risk and increase your returns, and it works to take advantage of a volatile stock market. You can set up your brokerage account to buy stocks or funds automatically and regularly, then sit back and do the things you love, rather than spend all of your time investing.| Bankrate
While many people think of investing as trying to make a short-term score in the stock market, it’s long-term investing where investors can really build wealth. Here are some of the top long-term investments.| Bankrate
Passive investing can be a huge winner for investors, and not only does it offer lower costs but it also performs better than most active investors.| Bankrate
Investing in financial markets is one of the best things that Americans of any age can do to get on the road toward financial well-being.| Bankrate
Matching contributions from employers are fairly common and taking advantage of them is an important part of saving for retirement. Here's what else you need to know about 401(k) matching.| Bankrate
An IRA is a tax-advantaged investment account that you can use to save for retirement. Learn more about the types of accounts and how they work with Bankrate.| Bankrate
This budgeting rule of thumb can help you make everyday spending decisions without having to track every penny spent.| Bankrate
Setting yourself up for a lifetime of financial wellness can look like an intimidating task, but following a few simple steps can get you on track.| Bankrate
When managing your money, spacing on saving can be costly. Here’s how automating the transfer of money from checking to savings can help.| Bankrate