Financial Planning
2022 Roth IRA Contribution & Income Limits
Roth IRA + Traditional IRA Contribution Limits 2022 IRA + Catchup Contribution20212022 Roth IRA$6,000$6,000Roth IRA Age 50+$7,000$7,000Traditional IRA$6,000$6,000Traditional IRA Age 50+$7,000$7,000 Roth IRA Income Limits Filing Status2021 Roth IRA Income Range2022 Roth IRA Income Range Single$125,000-$140,000$129,000-$144,000Married Filing Jointly$196,000-$208,000$204,000-$214,000Married Filing Separately$0-$10,000$0-$10,000 Traditional IRA Income Limits Filing & Workplace Status2021 IRA Income Limit2022 IRA Income Limit Single,…
Read MoreAura Digital Safety App Review | Identity Theft Protection
The Aura digital safety app is so much more than just an app. It protects your digital identity and devices and some parts you probably didn’t realize need protecting. I have updated this post a few times, added more videos on Aura and each time I’m more impressed and feel that much more at ease…
Read MoreFinancial Planning starts here
Welcome to The Incredible Penny, your personal finance journey starts here. I don’t care if you have a little or a lot of money, experienced or a newbie at money management, my goal is to help you navigate and become financially better than you were yesterday. Most of my posts will have a Youtube video…
Read MoreHow to turn your $10,000 Roth IRA into $1,184,186 tax free
The Roth IRA can give you tax-free growth for your retirement savings plan. But what does that look like? How much do you need to contribute to become a millionaire in retirement? We all want to be rich or have the financial independence necessary to do what we want when we want, right? You could…
Read MoreCompound Interest Explained
Compound interest is the magical phenomenon that grows your money exponentially. It can be more powerful than a passive income stream or even your paycheck. It’s probably the greatest path to wealth building that has ever existed. Let’s get you up to speed on compound interest so you can clear the way to becoming rich.…
Read MoreHealth Insurance Tax Credit Explained
Premium Tax Credit Calculator here Poverty Lines for 2020 here
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