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Finance Tips: What If Your Income Is Too High for an IRA?

Happy Labor Day! The back-to-school season is a great time for a fresh start. Let some of these great finance tips [1] inspire you to get your financial house in order!

Announcements: Don’t forget the Starwood 30,000 Point Sign Up Bonus [2] expires tomorrow!


Source: 401(K) 2013 [3]

Finance Reads

What If Your Income Is Too High for an IRA? [4] – A nice problem to have but, nonetheless, still a problem if you want to fund your retirement accounts. Find out how to use a Backdoor Roth IRA [5] and other options. -MoneyNing

17 Back to School Clothes Shopping Tips to Save Money on Kids [6] – A timely read for the back-to-school season. -Money Crashers

4 Ways the Global Economy Affects the U.S. [7] – If macroeconomics isn’t your strong suit, this primer on how exactly the world economy impacts the U.S. will be very helpful. -Lazy Man and Money

Health Reimbursement Account Benefits – What You Need to Know [8] – With all different kinds of healthcare accounts out there that can help you save money, you may be overwhelmed with information. This article offers a good breakdown of a Health Reimbursement Account and how it differs from a Health Savings Account [9]. -CashMoneyLife

How to Pay Less for Food on Vacation [10] – If a recent summer vacation left you with a higher food bill than you expected, this is a must-read before your next trip. -MoneySmartLife

How to Invest with Small Amounts per Month [11] – A great post from MDJ that will inspire those just getting started with investing. -Million Dollar Journey

Carnival of Wealth [12] – Amanda wrote Do I Have to Pay US Income Tax if I Am Living Abroad? [13] in the Carnival of Wealth.