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Lotus Bank Blog

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Saving for the New Year

Friday, February 28, 2014

Just about everyone hopes to do a better job managing their money in the New Year, but unless you have well planned strategies that change the way you spend money, this is hard to accomplish. Since many people will not see pay raises or bonuses this year, it’s likely that you’re not able to depend on a greater cash flow. What you can do is begin taking smart and strategic steps to save more of the money that you do make.  

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The Importance of Saving for Your Retirement

Tuesday, February 25, 2014

For many of us, retirement feels light years away. And maybe for you, it’s a distant day in the future. Yet there is one thing that is consistent across people no matter their age or income: saving and investing as early as possible is best.
 

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Ever Wonder About the Difference Between Roth and Traditional IRAs?

Thursday, February 20, 2014

The type of individual retirement account (IRA) you choose can have a huge impact on your family’s retirement savings. That’s why it’s worth knowing the options available to you and how they will affect your savings over time.  

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