Should You Contribute to a Roth IRA, Traditional IRA or 401(k)?

Should You Contribute to a Roth IRA, Traditional IRA or 401(k)?

Young investors are faced with a number of retirement options and deciding how to allocate that savings can be a little confusing. Those who work for somebody else often have the option to invest in a 401(k) or similar employer-sponsored plan. In addition, you have individual retirement accounts such as the Traditional and Roth IRA. The problem is there’s no single plan that’s best for everyone. You’ll often hear financial pundits tout the Roth IRA as the best thing ever, but is it really best for you? Full story

The Tax Implications of Divorce

The Tax Implications of Divorce

Divorce is far and away one of the most stressful ordeals two people can go through. Once a couple decides to part ways, many things come to mind: whether to sell the house, where the kids will go, who will take the pets, for instance. Taxes are often the farthest thing from top-of-mind. Full story