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Should You Open and IRA for Your Child?

August 3, 2019 by Justin

Parents often wonder whether it makes sense to open an IRA for a young child. In most cases, it’s a good idea and can help a youngster learn about handling money and save for retirement at the same time. And in most every situation when you want one for a child, you should opt for […]

Filed Under: Open An IRA

Are IRAs Always a Smart Choice?

July 26, 2019 by Justin

For some unknown reason, the vast majority of working adults seem to think that Individual Retirement Arrangements (IRAs) are the gold standard of financial planning. So beloved are IRAs that virtually everyone you talk to either has one or plans to open one as soon as possible. What is it about them that makes them […]

Filed Under: Open An IRA

4 Ways IRAs Help Build Wealth Faster

November 2, 2018 by Justin

Many people do not realize that having an individual retirement account (IRA) could mean the difference between struggling to get by and enjoying financial freedom. It is not uncommon to hear nowadays that many Americans have little to no savings and many families are uncertain about their financial future. The good news is IRAs offer […]

Filed Under: Open An IRA

Open a Roth IRA For Your Children

September 29, 2014 by Justin

While many teens had no luck finding a summer job last summer, the fact is that if you would have opened a Roth IRA account for them and contributed as much as possible, and then did the same from the time they were 16 until they turn 21, that small investment would turn into a […]

Filed Under: Open An IRA, Roth IRAs

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