For tax purposes a 401K is very much like a traditional IRA. The main difference between the two is the limits and how it gets funded. So basically it is a retirement investment account. You pay...
They wont re-value the penny because we already have a currency that is worth 5 cents. And yes the cost to make a penny is higher than the value itself (which makes it very illegal to melt down pe...
some priest do get a salary and some don't it all depends on the priest. they really don't make alot and i think the diocese contributes to their retirement. but if they take a "leav...
is she talking of using a roth ira instead of the 401k or ira pre-tax?
what i bet she is saying is that we are at a low point in taxes, with social security and medicaid problems the only way ta...
Definitely talk to a CPA but also consider doing a 1031 exchange when you do decide to sell it. It allows you to buy another property for investment without having to pay capital gains taxes at the...
Berkshire Hathaway generally doesn't speculate, but Warren has some funds on the side which he will speculate with. Warren and Charlie say one of their weaknesses (their words, not mine) is t...
I am 32, I have 150k assets. I plan to retire at age 55 with 2 million assets.
As I say this, I know it is not going to happen. It is a moving target. As a kid, you were happy getting $5 pocket ...
