The rise of financial advice on TikTok, also known as #FinTok, has gained significant popularity, especially among Generation Z. With limited access to professional advisors and a preference for seeking information online, Gen Zers are turning to social media platforms like TikTok, YouTube, and Instagram for financial tips and advice. According to a report by
Personal
When it comes to retirement planning, higher earners often face limitations on tax-free savings options. The traditional Roth IRA, known for its tax-free growth benefits, has income limits that disqualify some individuals from making direct contributions. For single filers, the adjusted gross income limit for Roth IRA contributions in 2024 is $161,000, while for married