Why A Roth IRA Makes Sense For Millennials (and Everyone Else)

Advantages of Saving With A Roth IRAIt has been said that there are two things certain in life: death and taxes. The first thing I can’t help you with. But for the second, I can with a type of retirement account called a Roth IRA. With this particular type of account, your account’s balance that you see is what you get. Uncle Sam doesn’t get a cent of it.

In addition to the tax advantages, here are six other reasons why you should have a Roth IRA.

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Why The Solo 401k Is The Best Self-Employed Retirement Plan

Solo 401k Retirement PlanAs a self-employed individual for the majority of my adult life, I’ve found there are many perks of self-employment. But one thing that may keep some people from taking the leap to being their own boss is the lack of an employer-sponsored retirement plan such as a 401k.

Enter the Solo 401k, a tax-advantaged qualified retirement plan for the self-employed individual. The Solo 401k not only allows a business owner to save money for retirement; it also makes it extremely easy to supercharge one’s contributions for maximum tax-benefits and retirement savings over all the other self-employed retirement plans and even the traditional 401k.

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