@humphreytalks: Here are some options after you max out your IRA or Roth IRA 👇 1. 401k Match - Free Money that is from your employer. Some employers offer this perk and for every dollar you contribute, they match it to your 401k, up to a certain limit. If they offer this, make sure to take advantage of it. 2. Taxable brokerage account - you can open up an investing account at a big brokerage like Fidelity, Schwab, etc and invest after-tax dollars into index funds, individual stocks, bonds, etc. Make sure to keep it reasonable and within your risk profile 3. 529 and HSAs. Basically, other accounts that give you tax advantages with certain use cases. Let me know if you have any questions in the comments and I’ll try my best to answer. More information on the long form platform I post on too. Follow for more personal finance videos
Humphrey Yang
Region: US
Thursday 25 July 2024 16:38:21 GMT
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Tyler :
I went with option 2 as a teacher myself. Maxed out my Roth in May and now have two sepertae brokerage accounts that I fund the rest of the year.
2024-08-15 09:45:55
1
dan :
Or put it all on red?
2024-07-26 00:57:13
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Marty :
How much money you should reasonablyput down for a house/% of your savings. Assuming it's not 20%
2024-07-26 02:03:43
8
Jaime Cervantes :
Are there any requirements to open an HSA? Or can anyone open it
2024-07-25 19:06:46
6
jdjdmd :
Self employed, can I set up a 401k etc thru my llc and match funds that way?
2024-07-26 02:17:08
5
Watch Me Glow 💫 :
Any additional options for self employed people ?
2024-07-25 17:34:09
5
bythebay13 :
were you just at balboa cafe? lol
2024-07-26 03:45:55
3
Ralphie :
can you contribute to 529 for someone who is not your kid? any benefit for me in doing so?
2024-07-25 16:44:28
3
Coleman :
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2024-07-31 15:18:36
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Charming kitten :
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2025-02-10 10:45:56
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2024-08-03 00:42:40
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Sally shares stock tips :
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2025-02-10 10:38:21
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Andrew Fuery :
What I find hilarious is people is like “why buy dividend stocks? It’ll be taxed.” But yet ending up working for EARNED income. Warrent buffet makes a billion dollars in coke dividends. He pays 20% ta
2024-07-26 02:15:31
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2024-07-26 15:50:43
1
James E. Kull :
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2024-07-26 19:41:58
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