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E.g., 01/25/2021
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Assuming that there is no change in a person's spending or professional income and assuming that they are spending less than they earn and doing something productive with it, then over a long period of time a person's net worth should start to accelerate. But what if it doesn't? Take a look a this case example to learn more.
  | Financial Decisions

2020 IRS limits for traditional and Roth IRA's

It’s a new year with transformations to both Traditional IRAs and Roth IRA contribution, income and deductible limits, tax treatments and rules. Now is a good time to familiarize yourself with these reforms and evaluate your retirement savings and tax strategies. This list is not exhaustive and the complexity for each is too much to cover here. It is for this reason, Voya recommends you consult a tax professional to discuss these changes to IRAs and its impact to your specific situation.
  | Spending & Budgeting

Are your bank deposits insured?

During the Great Depression, panicky Americans converted deposits into currency and thousands of banks that could not meet withdrawal demands were forced to close. When the banks closed, depositors ended up losing all of their savings. Consequently, President Franklin Roosevelt signed the Banking Act of 1933, which created the Federal Deposit Insurance Corporation (FDIC).
Olympic Gold Medalist, Mia Hamm once said: “my coach said I run like a girl. I said if he ran a little faster, he could too.” With that simple statement, she redefined the word “girl” to mean something more encouraging and inspiring than its historical connotation.

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