HEY MONEY MAKERS,

Subscribe to Our I Love Making Money Weekly

GET WEEKLY DOSE OF BEST TIPS AND TOOLS TO MAKE & SAVE MONEY.

Share on
Share on email
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp
Share on reddit

25 Days of Money Tips: Day 1 Contribute to Your IRA

Christmas Edition - Finance and Budgeting Tips
Day 2 - 25 Days of Money Tips and Strategies

I Love Making Money Staff & writers

Share On:

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest

Some of the links in our posts are from our sponsors. We provide you with reliable information and may receive income from our sponsors.  Learn about how we make money

It’s December 1st and this year, we wanted to do something different. 25 days of budgeting and finance tips. Just a little something you can drop into your life right now that will set 2021 up for success.

Day 1: Contribute to Your IRA’s

This month, make sure you take advantage of all the contributions that will help lower your taxes next year. You can contribute up to $6,000 to your traditional IRA’s and Roth IRA’s. If you’re over 50, the limit is $7,000.

If you already have an IRA and you’re looking to copy some of the top performing IRA’s, then you could go with a Blooom account. They don’t make money off the funds in your account. They have a robo advising that allows them to make recommendations that benefit you and they place the trades on your behalf. If you need a minimal maintenance plan, then I would go the Blooom route. Click Here for More Details about Starting an IRA with Blooom.

If you’re looking to actively trade your IRA, then you could go with a Webull account. Yes, you can actively trade your IRA. I like Webull because they have better alerts and more in-depth analysis tools. And you get four free stock when you create your account and fund it with $100. Click here to take advantage of that offer.

Consult with your financial advisor. While we provide educational, up to the minute information, this is no way to be taken as advice. We want to bring you high quality information so you can make educated decisions.

WEEKLY MONEY TIPS

Get strategies on making and managing money delivered to your inbox weekly!

Leave a Reply

I LOVE MAKING MONEY FAVORITES