Where to Save Your Next Available Dollar

2021 – 11/15 by Aaron Grey, CFP®

Want to gift without guilt this year? Spending tends to increase around the holidays, and it can be easier to embrace those budgetary demands with joy and peace of mind knowing that you have a savings plan and your savings goals have been met. To help tick that box, use this simple infographic to learn which savings vehicle – from company retirement plans and IRAs to HSAs and 529 accounts – should receive your next available dollar and in what order. After all, how effectively you save can be a significant factor in the success of your financial life plan.

The opinions expressed by featured authors are their own and may not accurately reflect those of Buckingham Strategic Partners®. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice. Individuals should speak with qualified professionals based upon their individual circumstances. The analysis contained in this article may be based upon third-party information and may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, confirmed the accuracy or determined the adequacy of this information. R-21-2909

© 2021 Buckingham Strategic Partners®

 

©2021 Bland Garvey Wealth Advisors