Tag: IRA

Little girl with her parents sitting on sofa and putting coin in

Last year’s tax bill created a new savings vehicle that starts as early as birth – the Trump account. While these accounts resemble IRAs in some ways, they offer distinct contribution rules, investment limits, and distribution provisions. Like other tax-advantaged accounts – IRAs, Roth IRAs, and 529 plans – Trump accounts come with important nuances…

Lady choosing which credit card to use

Reducing the number of your accounts can provide a clearer view of your overall financial picture, supporting greater confidence and control. Hello, I’m Luke, and I’m addicted to credit card points. I have one credit card for groceries, another for restaurants, one for gas, and a fourth for everything else. This behavior is normal, according…