Home Buying, Retirement and Investing Expert
Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.
Posts by Rebecca Lake:
Investing can be a powerful way to grow your savings over time, but the downside is that you generally have to pay taxes on your investment gains. The more you pay in taxes, the less of your returns you get to keep. With the right strategy, however, it’s possible to minimize the amount of taxes you pay on your investments. Certain investments are not subject to taxation, and investments placed in certain tax advantaged retirement accounts will likewise be shielded from some taxes. As you build your portfolio, consider including these seven options for minimizing taxes. Read more
The Consumer Price Index (CPI) is an economic term you’ve probably heard before but may not know much about. Broadly speaking, the CPI measures the price of consumer goods and how they’re trending. It’s a tool for measuring how the economy as a whole is faring when it comes to inflation or deflation. When planning how you spend or save your money, the CPI can influence your decisions. Here’s how. Read more
When saving for retirement, your employer may give you a hand by offering a tax-advantaged savings plan. Your options might include a 401(k) plan or a 457(b) plan. Both plans allow you to contribute money towards retirement on a tax-deferred basis. While there are similarities between a 457(b) and a 401(k), there are also key differences to keep in mind. Those variations can affect how a plan will work for you and your retirement. Read more
A Roth IRA and its 100% tax-free distributions can hold huge advantages for retirees. Additionally, Roth IRAs aren’t subject to required minimum distributions the way traditional IRAs are. That… Read more
Stocks are a great option for diversifying your investment portfolio. However, choosing the right ones isn’t always a simple process. Different investment tools and strategies, such as fundamental… Read more