5 Important Things to Do If You Have an Old 401(k)
Today’s topic comes from Jesse F., who says: “I’m 52 and self-employed and my wife is 51 and works for a hospital. We recently moved from New Mexico to Florida. What do you recommend I do with […]
7 Mid-Point Money Tips Your Finances Need Right Now
If you’re like me, some years you get really inspired by setting money goals, but for others, it just doesn’t happen. Whether you set financial resolutions at the beginning of the year or wish you […]
How Can I Reduce My Taxes? Your Tax Questions, Answered
Today, I have three excellent questions about reducing taxes and saving money. Kari says, “Love your podcast! Can you clarify whether investing in a Roth IRA and I bonds helps your taxes by reducing your taxable income–or […]
Clever But Easy Ways to Maximize Your 401(k)
If you work for a company, organization, or government entity that offers a retirement plan, like a 401(k), 403(b), or 457, it’s an excellent way to invest for the future and reduce your taxes. In […]
Should I Invest Extra Money or Pay Down My Mortgage?
I answer a question from a listener named Maya, who says: “Hi, Laura, I love the podcast! My husband and I are in our mid-thirties with a dual household income of $175,000 and two kids […]
How to Use a Mega Backdoor Roth Conversion
Having tax-free income in retirement from a Roth IRA can help you stretch your savings much farther after you stop working. However, there’s a catch: if you earn too much, you can’t contribute to a […]
Buy or Lease Your Next Car? Here’s What to Know
If you’re considering buying or leasing a car, your knowledge about the options and how you prepare for a deal can make all the difference in your finances. We’ll review eight tips to get the […]
Maximize Your Retirement: Tax Tips for Investment Profits
This week on the Finance Friday installment , a great question from Elaine. “I’m retired and have Social Security benefits, a pension, savings, and a traditional IRA. About six years ago, I bought some real estate stock that […]
8 Ways to Maximize Your Investments With Robo-Advisors
If you’re too busy to stay up-to-date on financial markets and investing strategies, one of the best ways to boost your returns with minimal effort is using a robo-investing platform. Whether your goal is to […]
5 Signs You’re Investing Too Much for Retirement
We have two great retirement questions today. The first comes from Kevin, who says, “My wife and I have loved your podcasts for years and are taking every possible step to build our financial futures. We’re in […]