What Happens to 401k when you Die?
How Does a 401k Work? A 401k is an employer-sponsored retirement plan that allows employees to save money for their future while deferring taxes on those funds until they are withdrawn in retirement. It also allows employers to match employee contributions up...
A Few Things You Need to Know About Capital Gains Taxes in the United States
When it comes to taxation, the United States has a complex system with many different types of taxes. One type of tax that some people may not be familiar with is the capital gains tax. In short, capital gains taxes are levied on the profit from the sale of an...
IRA, Roth IRA, and 401k: Which is Right for you?
If you're like most people, the words "IRA," "Roth IRA," and "401k" probably make your eyes glaze over. Retirement account types can be confusing, and it's hard to know where to start. Savings accounts, checking accounts, money market accounts...and then there are...
6 Wealth Building Steps to start at any age in Life
People often associate wealth with having a lot of money. But wealth is not about having a large sum of money. It's about having enough money to do what you want. If you want to build wealth, it's important to start with the right mindset. Once you have the right...
Planning a Successful Retirement as a Government Employee
Whether you're a government employee who is nearing retirement or you're still several years away, it's never too early to start thinking about and planning for retirement. There are some key things that government employees need to keep in mind when planning for...
Financial Planning in Virginia, What is it?
Financial planning plays a vital role in helping people determine if they will be able to meet their outlines and goals in their path to financial success. Many people today live complex financial lives and they often struggle to plan for their financial future. If...
What is DAO? The Jargon-Free Beginner’s Guide
Decentralized Autonomous Organization (DAO) is a community-led entity with no central authority. DAO is pronounced as “Dow” like “the Dow Jones.” Unlike the traditional organizations that are governed by a board or executive committees, DAO is governed by its members...
What are GAS Fees anyway?
There's nothing more frustrating than losing money. But that's exactly what happens when you pay high fees for crypto transactions... or fees on transactions that fail. What is a gas fee anyway? Gas fee is the term given to transaction fees on the Ethereum network....
What’s the Difference Between LAYER 1 and LAYER 2 Blockchains
With the increasing use of blockchain in different industries, the scalability issue has become paramount in its sustainability. Regardless of your familiarity with the blockchain space, you probably heard the terms ‘layer 1 or layer 2’. Blockchain scalability: Why is...
The Truth About Crypto Staking
What is crypto staking? Staking is seen as the crypto world’s equivalent of earning interest or dividends by holding onto crypto assets. For example, when you deposit a certain amount of money in a savings account, the bank utilizes the money to run their lending...
What Is The Metaverse? It’s Meaning And What You Should Know
The Metaverse is a term that has been extremely popular lately within the sphere of crypto. Especially with the rise in popularity of non-fungible tokens (NFTs), it seems that there has never been more interest within this virtual world where anyone can do just about...
What is an NFT? – A Beginner’s Guide
Global NFTs saw an increase in year-on-year sales in March 2022. The Q1 of this year experienced the total NFT market trading volume at about $12.13 billion. What Is a Non-Fungible Token (NFT)? NFT is an acronym that stands for Non-Fungible Token. But what does that...
Start the Conversation