What’s the hands-down easiest way for the 99% to build wealth? Answer: index investing in tax-advantaged retirement accounts like IRAs and 401ks. The more you can contribute into your retirement accounts, the better. The benefits are truly astounding –
Paying as little taxes as legally possible is as American as Moms, Guns, and Apple Pies. If you follow this blog, you know that one of the easiest and best ways to reduce your taxes both now and in the future is to contribute as much as you possibly can to retirement accounts like 401ks,
A Backdoor Roth is a tax loophole which people use to bypass income limits on IRA retirement account contributions. It essentially allows you to “backdoor” a contribution to a Roth IRA, even though you do not qualify to contribute to a Roth IRA.