What You Need to Know About the New Tax Laws

Posted 1 CommentPosted in Taxes

Summary of the TCJA The Tax Cuts and Jobs Act (TCJA) makes small reductions to income tax rates for most individual tax brackets, significantly reduces the income tax rate for corporations and eliminates the corporate alternative minimum tax (AMT). It also provides a large new tax deduction for owners of pass-through entities and significantly increases […]

The Many Benefits of the Roth IRA

Posted Leave a commentPosted in Investing

The keys to investing are pretty simple: start early and continue to invest consistently. Sometimes it is unclear though where or how to invest. One great investment account is the Roth IRA. It is one of the most versatile and helpful retirement accounts you could ever have. Roth Distributions are Tax-Free With most retirement accounts, […]

11 Things to Know About Student Loan Refinancing

Posted 1 CommentPosted in Debt is the Enemy

Eliminating your student loan debt sooner rather than later will increase your happiness and speed your way to financial freedom, allowing you to take advantage of future opportunities, both professional and personal. On your way to debt elimination, most people should use refinancing as a way to manage and pay off their debt. It is […]

Taxable, Tax-Free and Tax-Deferred Accounts: Which is Best?

Posted 1 CommentPosted in Investing

Investment accounts typically fall into one of three categories when it comes to tax treatment: Tax-free accounts (Roth IRA or Roth 401(k)) Tax-deferred accounts (401(k), traditional IRA, Simple IRA, SEP IRA or 403(b)) Taxable accounts (brokerage account and trusts) Like so many personal finance topics which one you choose is a topic of great debate. […]

Which is Better: Investing More or Paying a Mortgage Faster?

Posted 4 CommentsPosted in Debt is the Enemy, Investing

    The Non-Financial Considerations I thought I would give my thoughts on whether investing more or paying a mortgage faster is the better choice. This is a great spot to be in financially regardless of what you choose. It really boils down to a win-win situation. Typically investing more will result in a faster […]

Real Estate Investing Through REITs

Posted 1 CommentPosted in Real Estate Investing

REITs or real estate investment trusts are corporations that invest in residential, commercial and other real estate assets. They are a convenient way for the average investor to profit without the large up front investment and hassle of directly investing in rental properties. REITs can’t always beat the ROI of direct real estate investing but they […]