Rachel Christian

Writer @Bankrate ✍️ Certified Educator in Personal Finance. Covers retirement, investing, Medicare & more. Former @aroundosceola reporter.

[Rachel Christian @ann_chris1]

@brewmarkets Citrus greening really killed the entire industry down here in FL.

[Rachel Christian @ann_chris1]

To get all the details and learn how to invest with an ABLE account, check out my latest article from @Bankrate
https://t.co/LK4SyNkp1h

8/8

[Rachel Christian @ann_chris1]

Move over, Roth IRAs. If you have a diagnosed #disability that began before the age of 26, ABLE accounts are a unique and flexible way to invest.

1/8

[Rachel Christian @ann_chris1]

There are some restrictions with #ABLEaccounts, of course. Your #disability must've been diagnosed before age 26. But starting next year, the age of onset to qualify increases from 26 to 46, making an estimated additional 6 million people eligible.

7/8

[Rachel Christian @ann_chris1]

Another perk of ABLE accounts: Anyone can make contributions, including the account holder, friends, family, an empower or even a special needs trust.

6/8

[Rachel Christian @ann_chris1]

The annual contribution limit for an ABLE account is $18,000. And while up to $100k in an ABLE account doesn’t count toward asset limits for gov't benefit programs, the total lifetime limit is actually much higher: $235k to $550k or more, depending on the state.

5/8

[Rachel Christian @ann_chris1]

Unlike a Roth IRA, you won’t get dinged with an early withdrawal penalty if you access funds in an ABLE account before a certain age. As long as you spend it on a qualified disability expense, you won’t pay taxes on any investment gains.

4/8

[Rachel Christian @ann_chris1]

What’s a “qualified disability expense?” For #ABLEaccount withdrawals, it’s anything that improves or maintains the disabled account holder’s quality of life. So food, rent, medical costs, education, transportation, the list goes on.

3/8

[Rachel Christian @ann_chris1]

Like a 401(k) or #IRA, your investments grow tax-free within the account. But with an ABLE account, you’re able to access the money for a qualified disability expense whenever you want — tax-free.

2/8

[Rachel Christian @ann_chris1]

Shares of Nvidia are now over $1,000. But not for long.

Via my latest from @Bankrate.

https://t.co/z1HV3ezN0K

[Rachel Christian @ann_chris1]

"This is what makes people wealthy. The idea that they’re using their money to do two things at once — lowering your taxes and then also growing your wealth."

https://t.co/Xrvihcg79Z

[Rachel Christian @ann_chris1]

Because who doesn't like getting rewarded for being lazy?

Thanks to @clobaremoney for sharing her inspiring story and investment strategy with me for my latest @Bankrate article.
#investing #indexfunds

https://t.co/Qv5r7b3quQ

[Rachel Christian @ann_chris1]

Absolutely loved this commercial about adaptive technology during the Super Bowl. May or maybe not have started crying. https://t.co/8wm6KP9Os7

[Rachel Christian @ann_chris1]

Microsoft must be making a killing off LinkedIn. I don't know any other social media site that charges $70 a month for a premium tier.

[Rachel Christian @ann_chris1]

Health insurance options aren't great for early retirees, unless you're married to someone with a great workplace plan. Otherwise, @HealthCareGov, tapping a well-funded HSA or shopping for a private plan are your best choices.

[Nick | Dividend Investor & Educator @Smartnetworth1]

Everyone wants financial freedom until they find out how much health insurance is per month.

[Rachel Christian @ann_chris1]

Add a couple rocking chairs on the front porch and I'm set.

[Lindsay @lindsay__stamp]

I’m a simple person. All I want is a cute home filled with genuine people, good food and a fat brokerage account 🤷🏻‍♀️

[Rachel Christian @ann_chris1]

The approval process for the #BitcoinETF has been fasinating to watch. Crypto enthuists see this as a game changer. Not sure if the average person has any idea what's going on.

[InvestAnswers @Investanswers]

Welcome to first day of #BitcoinETF trading🙏

[Rachel Christian @ann_chris1]

Think cash is king?
From Nov. 1 through Dec. 31, I earned $108 in my high-yield savings account. Not bad.
...until you consider I made $2,109 in my brokerage account and IRA during the same time.

That, my friends, is the power of #investing.

[Rachel Christian @ann_chris1]

@SeanLovison @Freakonomics There's a really good book that came out last year called "Risky Business." It delves into why insurance (including pet insurance) is so damn expensive. Fasinating read.

[Rachel Christian @ann_chris1]

The world of finance still feels like a white guy's game. These 3 women are challenging that status quo in big ways. 🔥

Thanks to @savemycents, @DineroPodcast and @wealthparatodos for sharing their stories with me.

https://t.co/YIPM3ROnOx