Greg McBride - Profile and Journalist Details
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Greg McBride
Verified
Senior Vice President and Chief Financial Analyst, Bankrate
Palm Beach Gardens
Beats
health,Marketing, lifestyle and wellness., Finance, market strategies technology, branding, culture retail sales, markets
Finance, sport, motoring
Content
By Greg McBride| WMC-TV (Memphis, TN) Verified Both individual retirement account (IRA) types — traditional and Roth — offer valuable retirement-planning benefits, but with different structures, income limits, and pros and cons. Key takeaways Traditional IRAs offer the potential for tax deductibility in the present, while Roth IRA contributions are made with after-tax dollars. Withdrawals are also taxed differently: Income taxes are due on distributions from a traditional IRA. Qualified Roth IRA withdrawals, however, are tax-free.
By Greg McBride| WGME-TV (Portland, ME) Verified You took the leap, rode the Bitcoin wave and now you’re sitting on a small fortune. Whether you bought in early or timed a recent bull run just right, congratulations. But now comes the tricky part — figuring out what to do next. As any seasoned investor will tell you, keeping your wealth is just as important as making it. Now that you’ve struck it big with digital gold, what’s the best way to spread your wealth across different investments?
By Greg McBride| WMC-TV (Memphis, TN) Verified Both individual retirement account (IRA) types — traditional and Roth — offer valuable retirement-planning benefits, but with different structures, income limits, and pros and cons. Key takeaways Traditional IRAs offer the potential for tax deductibility in the present, while Roth IRA contributions are made with after-tax dollars. Withdrawals are also taxed differently: Income taxes are due on distributions from a traditional IRA. Qualified Roth IRA withdrawals, however, are tax-free.
Company Info
Bankrate
Bankrate is a prominent personal finance company founded in 1976 by Robert K. Heady. Initially known for its print publications, it transitioned to an online platform with the launch of Bankrate.com in 1996. This shift marked a significant evolution in its business strategy, allowing it to provide a wide array of financial information and tools to consumers. The company offers detailed insights on credit cards, mortgages, deposits, and other financial products. It features calculators and comparison tools to help users make informed financial decisions. Bankrate also operates a network of content-rich websites that focus on various financial categories, providing valuable advice for managing personal finances. While it has a history of print publications, its primary focus is now on delivering comprehensive online financial services.
Fort Mill, South Carolina, United States
+1 561-630-2400
Founded: 1976