5 smart ways credit cards can help you save for retirement

Whether you’re new to saving for retirement or an old pro, you can use your credit card for funding your IRA or other retirement accounts. Read on!

[{"selector":"#anim-7a9df22d-a9f2-4b3f-997b-b9ff310913ae","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ab4e6af9-c6f5-456d-9547-3cad7112c6b0","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Learning About IRAs & Other Retirement Funds

[{"selector":"#anim-690c9340-2159-4144-bef4-c104a4f72282","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-db484277-fc73-4c97-908b-5cb1f16bd3a3","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] If you don’t already have a retirement account, it’s a good idea to familiarize yourself with the different types that are available. Learn more

Finding the Right Credit Card

[{"selector":"#anim-db49e02c-76f8-40d9-9f45-b111995da095","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-16675a82-550b-482c-abcb-44c69b786d05","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Once you’ve figured out how and where you want to invest, you can begin your search to find the right credit card; specifically, a cash-back credit card. Medium Brush Stroke Learn more

Putting Your Cash-back Rewards To Work

[{"selector":"#anim-ae98e31e-6f00-4cad-9e21-039413eb5ee2","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0148d8b7-cddd-4e46-9ad3-09b809843392","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] As with any credit card, it’s important to keep your spending in check so that you can pay it off every month. Learn more

Mixing & Matching Your Cash-back Cards

[{"selector":"#anim-7f7e876c-b86f-4b3d-88fb-97ff16e05f1f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-72f2f256-b424-4b9b-983f-586ce49f0b5c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Figure out what areas you spend the most on each month, and choose a card (or multiple cards) that offer the best rewards for those categories. Medium Brush Stroke Learn more

SWIPE UP NOW TO READ MORE!

[{"selector":"#anim-e56fb96f-3d3b-4fc8-99e1-18b674105996","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8c77345d-3c94-4144-a76f-597596d46e62","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.