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“These accounts are also FDIC insured up to $250,000 per beneficiary, so if you find yourself with a lot of excess funds, this could be a great option to park that cash wisely,” Stroup ...
Moving to a state or area with lower taxes and a lower cost of living could also help you free up extra cash to put into your retirement savings. ... investing in a tax-deferred retirement account ...
You have excess cash: If your savings accounts are flush and your income covers your current expenses, ... Retirement: While you can invest for any goal in a brokerage account, there are specific ...
This starts with near-term cash needs [such as] large purchases [or] [an] emergency fund, and once that is achieved the priority is understanding cash flow [or] excess money that can be invested ...
The stock market may feel like being on a roller coaster right now, but it can be a good time to make some extra money without lifting a finger—or taking on too much risk. With interest rates so ...
Once your RMD is out of the way, you can reinvest any excess cash in a taxable brokerage account and decide whether you'd like to make Roth conversions. Both strategies can offer great advantages ...
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