It can be challenging for a spouse who doesn’t have access to an employer’s retirement plan to save for retirement. One potential solution: opening a spousal individual retirement account (IRA).
- How it works
- Traditional spousal IRA contributions
- Roth spousal IRA contributions
See this month’s issue of Let’s Talk Money, these tips may give you a better retirement outlook.
• ‘Tis the Season for Charitable Giving
During this festive time of the year, it can feel wonderful to give to charity as well as to family and friends. But no matter how much you enjoy being generous, you also want to make the most of your charitable gifts. Here are some ideas to consider before you donate.
• Leaving a Trail
In recent years, it’s become convenient to conduct much of your financial life online. You can do your banking, pay bills and even manage your investments from your computer or mobile device. Many financial institutions and service providers encourage their customers to receive digital account statements as well.
• Don’t Wait To Save
Life can get in the way of saving for your future. It’s hard to set money aside for “someday” when you have expenses right now. Yet, the reality is that if you don’t save for your retirement, you may not have enough money to live comfortably.
• Q&A Let’s Talk Retirement
All this and more in this issue of Let’s Talk Money…