Investing

401k retirement plan

What Is a 401(k)?

A new job offer may include a 401(k) retirement plan as part of your benefits package. Perhaps everyone you know has a 401k. Do you actually know what it is, or even how to use it? What Is a 401(k) Retirement Plan? A 401(k) is a retirement savings plan offered by your employer. It is Read more

Roth IRA vs. Traditional IRA

What Is a Roth IRA?

One of the more popular retirement accounts is an individual retirement account, or IRA. IRAs come in two main forms: a traditional and a Roth IRA, and both generally function the same way. The main difference between them is how they are taxed.   How a Roth IRA Works A Roth IRA is a financial Read more

What Is an Asset?

The Truth About Wealth: It’s All About Assets

The slogan of our Intelegency website is REGULAR PEOPLE BUILDING WEALTH. So, what is wealth? Is a person driving a Ferrari on a highway wealthy? Is a Youtuber with a big stack of cash on their table a wealthy one? Well, they both may be and may not. It depends on how they are getting Read more

What Is a Traditional IRA?

If you’re looking for a way to supplement your retirement income, why not consider an individual retirement account (IRA). There are a couple of different types of IRAs: traditional, Roth, SIMPLE, and SEP. A traditional IRA is an account which grants the owner tax advantages when saving for retirement. You may open an IRA at Read more

How to Save Money

Three Simple Money-Saving Tips to Follow

Saving money is one of the necessary steps to building wealth and gaining financial independence. There are three simple money-saving tips you need to follow down the path of financial success. Tip 1: Realize that You Have Control There are so many things begging for your financial attention. What you purchase is determined by your Read more