Spousal IRA

Stay-at-Home Moms Can Have Retirement Benefits With A Spousal IRA Married couples usually have individual careers of their own before they get married. When they were newly-weds, both of them were enjoying their personal incomes and sharing in the expenses at home, such as groceries, bills, fuel and mortgage loans. However, when the first child comes, some couples must sit down and talk about one of them giving up work to stay with their child and take care of him at home while he is very y...

Retirement savings: Planning for the future

Most people, especially the young professionals, don’t really take time and effort to save up for the future. They live each day spending as much as they can, not realizing that they simply can’t do that for the rest of their lives. Others only start planning for their future 10 to 15 years before they retire. While this is still a good time to save up for your retirement, it is always better if you could start earlier. But some who are thinking of having retirement savings are skeptical. For on...