Below you'll find a list of all posts that have been tagged as “Roth IRA”
Confession time: Even though I worked during college, I didn’t save any money for retirement. Looking back, I wish I would have. Putting money in a retirement account during college isn’t a necessity, but it is a great idea. Many students turn to student loans to pay for expenses like …
Many student loan borrowers are tempted by the idea of emptying their retirement account to pay off their student loans. On the surface, raiding your 401(k) or IRA to eliminate some student debt makes sense. Retirement is far away, and student loans are a monthly headache and a constant battle …
Like millions of student loan borrowers, I’m working towards student loan forgiveness on an Income-Driven Repayment (IDR) plan, and like millions of borrowers, I need to prepare for the so-called student loan “tax bomb.” Because a huge tax bill at forgiveness is only a possibility, I’ve devised a plan that …
Deciding between attacking student loans and saving for the future in a Roth IRA is a difficult question. Many student loan borrowers may lean towards eliminating debt first. Retirement is a battle for another day. However, there are a couple of unique advantages to Roth IRAs that could make a …
