It’s common knowledge that Roth assets are a powerful savings tool that provide tax-free income in retirement. But a lot of people don’t understand the difference between Roth IRAs and Roth 401k and 403b plans. If you have a large Roth 401k or Roth 403b balance and you don’t have a Roth IRA yet, you’ll want to listen to the rest of this video.
In today’s episode we are going to be discussing a few key items that might prove useful when preparing to sell a small business. When developing an exit strategy, the first recommendation is always to start early. It takes time, energy, and capital to create the right exit plan for your business. Having “enough room to run” will certainly help you in this endeavor.
The area which business owners generally fixate on, for good reason, is the “sales price”. So, what can a business owner do to finesse a more desirable selling price? Let’s talk about a few simple strategies to employ.
If you are using a debit card, you’re spending money and not getting anything back in return. It’s like paying with a check. When you use a credit card though, every time you pay for shopping online, eating at a restaurant, groceries, or other day-to-day expenses, you’re likely earning valuable points and miles that can be used in a variety of ways!
You’ve probably read an article on the trendy “Things I Wish I’d Learned in High School.” Popular choices include basic finance like budgeting, how to use credit, saving and investing. While these topics may very well be valuable if taught in high school, you’ll give your kids a stronger foundation if you start them much younger. Follow these tips and they’ll be the ones teaching their high school peers all about the Benjamins.
Hello and welcome to today’s episode of Street$marts with Howe & Rusling. I’m Vince Carson, Certified Public Accountant and Financial Planner at Howe and Rusling. We all know that there’s nothing worse than getting a letter from the IRS… especially when you open it and find out that you did something wrong, and now owe interest and penalties. Today, I am going to be covering some of the most common types of penalties, why they occur, and how to avoid them. The first type of IRS penalty to avoid is known as the Failure to File Penalty. As the name
We’ve received a number of questions about our thoughts on cryptocurrencies and ways in which to gain exposure to the ecosystem. The eyepopping returns and incredible volatility capture the headlines on a daily basis, so in today’s StreetSmarts we’ll provide a brief overview of the space and offer some of our thoughts as well. Cryptocurrencies now represent a $3 trillion market!—so it’s becoming harder to ignore the space completely. First, its important to note that this is a new frontier. What I mean by that is this space is evolving, changing and growing on a daily basis. Some investors are
Hi and welcome to today’s episode of Street$marts, with Howe & Rusling. I’m Emily Lambert, Chief Compliance Officer at Howe & Rusling. In today’s episode we want to focus on Women & Finance. It is predicted that by 2030, American women are expected to control much of the $30 trillion in financial assets that baby boomers will possess, a potential wealth transfer of such magnitude that it approaches the annual GDP of the United States! Women have been driving significant change in recent years so let’s take a quick second to review some of the progress made in the not-so-distant past: In the
Not all debt is created equal. Debt can be good, and it can be bad. Learn more in today’s Street$marts by Eric Udvari, CFP®, Wealth Manager.
