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2,488 results found
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How the SECURE Act Will Impact Retirement Savings
With the decline of traditional pensions, most of us are now responsible for squirrelling away money for our own retirement. In today's do-it-yourself retirement savings world, we rely largely on 401(k) plans and IRAs. However, there are obviously flaws with the system because about one-fourth of working Americans have
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9 ways to withdraw money early from your IRA - without paying a penalty
The IRS allows penalty-free early withdrawals from traditional IRAs in certain circumstances, called hardship provisions. Hardship provisions spare you the 10% penalty, but not taxes, on the withdrawn sum. IRA early withdrawals that can be penalty-free include expenses for healthcare, college, childbirth, and a first h
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What Factors Affect Your Home Insurance Cost?
It's no secret that home insurance costs are rising, in large part due to increased claims from floods or other natural disasters. Prices are also
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Banks Are Approving Small Business Loans at Rates Not Seen Since Before The Great Recession
Approvals of loan applications from small business owners reached the post-recession high mark (26.9%) at big banks (assets of $10 billion+), while
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Minimizing Taxes When You Inherit Money
Illustration by Cha Pornea Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying
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CONNECTICUT MONEY: US economy stronger than predicted
Growth in the U. S. economy was stronger than expected in the third quarter, and most forecasts call for continued solid growth in 2020, although at a slower pace than 2018-2019. The nation’s gross domestic product (GDP) grew at a rate of 1.9 percent in the third quarter, down slightly from 2 percent in the second quar
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Are “Fixer-Uppers” a Smart Move for First-Time Buyers? (Maybe Not)
What every first-time buyer should consider before diving into the world of fixer-uppers.
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The Silent Profit Killers Lurking Inside Your Business
Here are the most commonly overlooked ways businesses lose money.
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Don't Push the Panic Button on Your 401(k) Investments
For most people, their 401(k) is their largest investment account, and the stock drop during the last week of February has many folks feeling pretty nervous right about now. We all work hard for our money, so this is a natural reaction. But be careful: If you run scared, by selling off stocks now and moving into cash,
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Get Lean: 5 Ways to Save Money in Any Economy
With recession fears increasing day by day, it won’t be long before companies start looking for new ways to save money. Economic downturns can be make-or-break situations for plenty of businesses. And, costs are a big factor in who makes it out intact. Don’t wait until the market forces you to slash your budget. By the