Saturday, December 21, 2019

Invest in Your Financial Future

Invest in Your Financial Future
It’s never too late to get started by opening a Roth IRA or traditional IRA with one of the companies mentioned above. Even if you don’t have thousands of dollars each year to invest, anything you can get into an IRA account will pay off down the road. The money has the ability to compound year after year and to grow into something very significant.

No investment is guaranteed to make you money over time. However, you’ll at least have the opportunity to let your money grow and to avoid paying taxes when you invest or when you withdraw the funds (depending on whether you choose a Roth IRA or traditional IRA).

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little while ago on The Simple Dollar, Saundra Latham

A little while ago on The Simple Dollar, Saundra Latham wrote a nice summary of how a backdoor Roth IRA works. Since then, I’ve seen a numb...