Your parents and grandparents probably own (or have owned) an individual retirement account, or IRA. And if you’re earning a steady income but don’t have access to a workplace retirement plan, you should own one, as well.
An IRA can be the smartest and most tax-efficient way to save for retirement. Yes, you’ll get old someday — probably sooner than you think.
Congress may seem worthless the... MORE
Reports of the negative impact of the tax reform bill have been rampant in the media. But it’s not time to panic yet. Perhaps it would be a good idea to step back and look at this overhyped situation objectively.
Where Tax Reform Stands Now
The House of Representatives passed its version of the tax reform bill on November 16, while the senate its version on December 2. After that, a joint conference com... MORE