Lots of parents are out there looking for good, creative ways to get their kids interested in saving and investing, particularly for retirement. After all, a top regret of people who are older is not starting saving and investing early on. Today I’ll share the strategy my parents used to get me to open my first IRA as a teenager, one I still have to this day.
ira
Why The Bank Thinks I’m Stupid – Annuities in an IRA
On Chief Mom Money Mondays, I take you through a financial decision, topic, or story. Today’s story is a tale of terror where a salesperson tried to get me to buy an IRA inside an annuity. I went down to a local bank branch last year to transfer a small inherited IRA from my grandmother […]
