Retirement Investing
25 Dividend Stocks that Have Increased their Dividend Payout for 25 Years Straight
Some companies, also known as Dividend Aristocrats, have a history of consistently paying out and raising their dividends every single year for 25 years or more. For example, if a company 25 years ago was paying a dividend of $1 per share, that means each year they have increased that dividend, rather it be a […]
401(k) Investing for Beginners – How to Become a 401(k) Millionaire
Embarking on the journey of 401(k) investing can be a cornerstone for building a robust retirement savings plan. This article will discuss the process, benefits & strategies for optimizing your 401(k) investing, incorporating the latest information for the 2024 contribution limits. Getting Started with a 401(k) To partake in 401(k) savings plan, you’ll need to […]
The Backdoor Roth: How to Contribute to a Roth IRA with a High Annual Income
When it comes to retirement savings, you’re presented with a variety of options, each with its own unique set of advantages and disadvantages. Among them is the Roth Individual Retirement Account (IRA), a powerful tool that offers tax-free growth and tax-free withdrawals in retirement. However, the benefits of a Roth IRA are not accessible to […]
Navigating the World of Traditional IRA Investing: A Beginner’s Guide for 2024
Planning for your future financial security is a critical step, and investing in a Traditional Individual Retirement Account (IRA) can be an excellent way to build wealth over the long run. This article will provide you with a comprehensive guide on Traditional IRA investing for beginners, including understanding how to open an account, the contribution […]
Roth IRA Investing for Beginners: A Comprehensive Guide for 2024
A standout choice for many investors, primarily due to its tax advantages, is the Roth Individual Retirement Account (IRA). In this article, we will be discussing the Roth IRA, outlining its importance in the investment world, how to open one, the updated contribution limits for 2024, and other important considerations to keep in mind when […]