What is a custodial account?
A custodial account is a way for adults to invest on the behalf of minors.
What is a high-yield savings account?
A high-yield savings account is a great tool to use for an emergency fund, saving for a down payment on a home and many other financial goals.
How to roll over a 403(b) to an IRA
Learn what a 403(b) and IRA are, the reasons behind a roll over, and the information you’ll need to conduct one.
How many IRAs can you have?
Learn about the benefits and drawbacks of having multiple IRAs and the different types of retirement accounts available, including Roth IRAs, traditional IRAs, SEP IRAs, and SIMPLE IRAs.
What is APY? How does it work?
Some deposit accounts, like savings accounts, earn interest. That means the bank will periodically credit a certain amount to the balance of the account, based…
A brokerage account vs. an IRA: Everything you need to knowÂ
Achieving long-term wealth growth is a fundamental objective of investing, and choosing the right account to hold your investments is crucial in realizing that goal….
What is the FDIC? How does it protect your finances?
The FDIC protects depositors in the case where a bank fails. Here are the details on what the FDIC protects.
What’s a Roth IRA?
The Roth IRA gives investors the opportunity to put money away to grow over the long term for retirement — without worrying about taxes on…
Traditional IRA vs Roth IRA
An individual retirement account (IRA) lets you invest funds for retirement while offering certain tax advantages. Because an IRA is opened and funded on your…
Backdoor Roth IRAs: Everything you need to know
What is a Roth IRA? What is a backdoor Roth IRA? A Roth IRA is a type of retirement account that you fund with your…
Contrarian investing and what it is
What is contrarian investing? Contrarian investing refers to a strategy of investing in which the investors go against the trends that are followed by the…
Emergency funds: What they are and why you need them
What are emergency funds? Emergency funds are money that you set aside in the event that something unexpected or catastrophic happens that prevents you from…
