A few months ago, Heather made a decision. She set a goal to hit $100,000 invested across all her accounts by her 29th birthday. It was ambitious. It was specific. And it was the kind of goal most people write down and quietly let slide. Heather did not let it slide. She hit it earlyContinue reading “Heather Surpassed Her $100,000 Investing Goal by $22,000 Before Turning 29”
Tag Archives: Investing Goals
The BEST Investment Account That Only 9.6% of People Have
Medical items and bills can actually be something we can use as a huge tax saving. How? It is an often misunderstood and little utilized account called an HSA which stands for a Health Savings Account. A beauty of the HSA is that there is a triple tax advantage. This works because the money goes in tax-free as pretax income, this money grows tax free, and the money comes out tax free. HSAs are the only account that has pretax contributions AND tax free withdrawals, but you must have qualifying medical expenses.
How to Become a Tax-free Millionaire
Amidst the rush of preparing for the holidays, take some time to look at your finances and see where you need to make improvements. Do this now before the new year. Start 2023 with a solid financial plan. One account you need to consider adding to your portfolio is an IRA, specifically a Roth IRA. A Roth IRA can help you become a tax-free millionaire. Want to learn how?