Should always try to save and invest as much as you can afford, however, the worst place to save your money is your 401K and retirement accounts. This is financial prison for your own money that make it difficult to access and are taxed and penalized by the government for saving. Source: Here’s How Much … Read more
Tag: Savings
IRA expert: Why traditional retirement accounts have become the worst asset for estate planning
I have said this for many years. Retirement accounts (ROTH aside) are financial prison for your money and the worst place to be saving. If want to learn a better place to save and store your money where you can create your own private family banking system, ask me how. Source: IRA expert: Why traditional … Read more
The Best Time of Year to Contribute to Your IRA Is Now | Lifehacker
The best time of year to contribute to your ROTH IRA is after you have funded your private family banking system. The best time to fund your Traditional IRA is NEVER. Don’t ever lock up your money in retirement prison. EVER! Source: The Best Time of Year to Contribute to Your IRA Is Now | … Read more
Your Money Adviser: The Dangerous State of Americans’ Savings
http://rss.nytimes.com/c/34625/f/642566/s/42e2d223/sc/36/l/0L0Snytimes0N0C20A150C0A10C310Cyour0Emoney0Cthe0Edangerous0Estate0Eof0Eamericans0Esavings0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm