An IRA is established for tax savings as your money grows. Most IRA money is invested in Stocks, Bonds, Mutual Funds, and Money Markets. You are probably referring to a Roth IRA. If you plan on not touching the money for a long time by all means put it in the Roth IRA but if you feel you may need it as many college students will do not as there is a penalty for withdrawing funds early. Saving for retirement is important but you are very young and college should be a priority. As far as FAFSA goes a 2000 dollar account will have very little effect on your financial aid. In short if only put in the IRA if you know you are definately not going to touch it. Invest it in several mutual funds with a diverse selection. Example: Large Cap, Mid Cap, Small Cap, International, Fixed Income with mabey 500 dollars in 4 of those listed above. But if you may need it leave it in an account you can access easily without a penalty.
The best retirement savings plan to invest in depends on your financial needs and what works for you. You should meet with a financial advisor and look at the different options available.
Fidelity Net Benefits is a 401k retirement plan company that also offers workplace savings tips and financial advice in order to get the most out of your retirement savings plan.
Financial savings is when you put money in the bank and it gains interest over time.Phyisical savings is when you invest in stock and it grows over time like Finacnial savings.
Royal Bank, Outlook Financial, Ally, and Canadian Tire Financial Services all offer a high interest savings account. And, though they do not specifically market them as "high interest savings accounts," Achieva Financial, ICICI Bank, Canadian Direct Financial, ING Direct, Manulife Bank, President's Choice Financial, People's Trust, MAXA Financial, Outlook Financial, and HSBC all offer similar savings accounts with high interest rates.
Wachovia offers a wide range of financial services. From savings accounts to home loans to college planning, money markets to automobile loans to retirement they are the one stop shop for any type of financial planning you may need.
form_title=Plan for Your Financial Retirement form_header=It's important to make sure you have enough financial resources to see you through retirement. What are your long term retirement goals?=_ What are you planning on doing during your retirement?=_ Do you have any savings for your retirement?= () Yes () No
The best retirement savings plan to invest in depends on your financial needs and what works for you. You should meet with a financial advisor and look at the different options available.
Massmutual Financial offer the following products: Annuities, college savings plan, disability income insurance, individual retirement account, investments, life insurance.
Fidelity Net Benefits is a 401k retirement plan company that also offers workplace savings tips and financial advice in order to get the most out of your retirement savings plan.
Financial savings is when you put money in the bank and it gains interest over time.Phyisical savings is when you invest in stock and it grows over time like Finacnial savings.
Bright Start Savings offer the following products and services: Investment, enroll, resources, forms, cost of college, balancing college and retirement savings.
American Funds offers resources for those who are looking to make investments. They offer information for college savings, retirement planning, and other financial resources.
Royal Bank, Outlook Financial, Ally, and Canadian Tire Financial Services all offer a high interest savings account. And, though they do not specifically market them as "high interest savings accounts," Achieva Financial, ICICI Bank, Canadian Direct Financial, ING Direct, Manulife Bank, President's Choice Financial, People's Trust, MAXA Financial, Outlook Financial, and HSBC all offer similar savings accounts with high interest rates.
Wachovia offers a wide range of financial services. From savings accounts to home loans to college planning, money markets to automobile loans to retirement they are the one stop shop for any type of financial planning you may need.
The term "nest egg" refers to ones financial savings for retirement.
How long will my retirement savings last? Use this calculator to see how long your retirement savings will last. This is based on your retirement savings and your inflation adjusted withdrawals.
One can find information on retirement options by visiting a financial professional. One can then get retirement advice, banking advice, and advice on 401k savings accounts.