Experts Agree: These 5 Steps Make Budgeting Easy
- Budget for important things
- Use the envelope budget
- Designate a shopping day
Have you ever wondered why financial planners say employer-sponsored plans and Individual Retirement Accounts (IRAs) — such as Discover’s IRA Certificates of Deposit (CDs) — should be the first priority for people saving for retirement? Let’s look at the key reasons why:
You may also consider supplementing your tax-deferred retirement assets with savings and investments in taxable investment accounts. With that in mind, consider the benefits of Discover Money Market Accounts, which give you the best of both worlds: high yields with flexible access to your savings. After all, the more you set aside today, the better your financial future is likely to be
In addition to offering IRA CDs and Money Market Accounts, Discover also offers an Online Savings Account to help you with your short-term savings goals and a full range of CDs to help you save for the future. Open an account online in minutes or call our 24-hour U.S.-based Customer Service at 1-800-347-7000.
The article and information provided herein are for informational purposes only and are not intended as a substitute for professional advice.
1Withdrawals are subject to ordinary income tax. Withdrawals made prior to age 59½ may be subject to a 10% federal penalty.
2Annuities generally have withdrawal charges. In addition, earnings withdrawn before age 59½ may be subject to a 10% federal penalty.
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