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Andrea Coombes
Tax Specialist | Investing and Retirement Writer . Former contributor. Writing a book on my life as a single mom.
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Andrea Coombes retweeted
𝔹𝕣𝕒𝕕 𝔾𝕒𝕣𝕝𝕒𝕟𝕕, ℂℙ𝔸 🇺🇲🇰🇷🇨🇺 Apr 5
How Roth IRA Taxes Work -
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Andrea Coombes Apr 2
You know you should do it, so why not? 5 smart ways to invest your tax refund: My story at
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Andrea Coombes retweeted
Cameron Huddleston Mar 28
A8. Getting a refund would be a great way to fund a retirement account!
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Andrea Coombes Mar 28
Save, save, save. As I get older and retirement becomes an ever-growing speck on the horizon, saving gets easier. There aren’t many things I want to buy today that can compete with my goal of financial independence.
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Andrea Coombes Mar 28
A7: Plug your own numbers into a retirement calculator! It’s an easy way to get started planning:
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Andrea Coombes Mar 28
A6: Even if you have debt, open an IRA. Put a tiny amount away each month. When I was a single mother in my early 30s, that’s what I did. It felt GREAT. My only regret is not doing it sooner. Here are pros/cons of a Roth:
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Andrea Coombes Mar 28
A5: Ideally, you leave your retirement $ where it belongs: in your IRA. That said, two Roth benefits are 1) you can always pull out contributions any time and 2) there’s an exception to early withdrawal penalty (on earnings) for 1st-time buyers.
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Andrea Coombes Mar 28
A4: If you’re young, a Roth makes sense. Your tax rate is likely to go up from here. But people of any age can benefit from tax diversification (being able to choose to pull from either a taxable or a tax-free account). Here’s 's take:
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Andrea Coombes Mar 28
A3: Even if you can’t afford to save much, try to get a little $ put into a 401(k) or IRA. If you’re not sure how to start, check out the retirement guide
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Andrea Coombes Mar 28
A2: If you can send just $20 from each paycheck into a savings account, there’s your $500 right there (assuming you get 26 paychecks a year). Successful saving can be incremental.
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Andrea Coombes Mar 28
A1: I'm more procrastinator than planner, but I do both, depending on the task at hand. I'm still working on my taxes.
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Cameron Huddleston Mar 28
It's almost time for the twitter chat at 3 pm ET. Join me, and other experts to talking about making the most of IRAs.
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Donté Stallworth Jan 18
In 1978, CEOs were paid 30x as much as the average worker. In 2017, CEOs were paid 312x as much as the average worker. During that period, CEO pay skyrocketed 1,070%, while the average worker pay, virtually stagnant, increased just 11% after inflation
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Andrea Coombes Feb 25
Interesting look at $ regrets. "Nearly all of those who said they wish they had saved more money admitted that they could have done so, and were able to identify areas of their budgets that they could have cut."
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Andrea Coombes retweeted
Greg Iacurci Feb 25
Fidelity sued for 'secret payments' in 401(k) plans
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Andrea Coombes Feb 22
Interesting piece on research that shows most of us aren't very good at setting $ goals. Lots of blind spots. Love this quote from researcher: “We were like, ‘Wow. People don't really know what they want.'"
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Mark Schoofs Feb 22
Wow. sweeps up sensitive data — including heart rate and when a woman is having her period — from top phone apps. And users have no way to opt out.
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Andrea Coombes Feb 15
Does the 4% rule for retirement withdrawals still work? This investment manager says yes:
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Andrea Coombes Feb 7
It's not too late to cut your tax bill for 2018! And, bonus, all of the ways to to do it are also smart money moves.
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Andrea Coombes Feb 4
It's one of those tax problems it's kinda nice to have: a big profit on your home sale :) ... especially because of that really hefty tax break.
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