1,601 results found
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How the Coronavirus Crisis Might Affect Your 401(k) Benefits
The next time a global pandemic rolls around, at least we'll know what to expect. The effort to contain COVID-19 in the U. S. has changed how we work, shop, exercise, and socialize. Even our long-term savings habits might be disrupted as employers look to optimize 401(k) benefits to conserve their own cash. According t
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7 Sources of Retirement Income You Probably Haven't Considered Yet
There are some things you should do well before you retire, and an important one is this: Figure out your sources of retirement income. After all,
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Small employers: Look before leaping into new MEP 401(k) option
Final rules governing multiple employer plans ("MEPs") are now on the table, leaving many small business owners wondering both what they should do to take advantage of the new rules and what they need to consider before jumping in. Small business owners have a wide variety of retirement planning options to choose from,
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Solo 401(k)s and SEP IRAs: What you need to know
As an owner of a small business, you have multiple roles to play, and saving for retirement is probably the last thing on your mind. However, with proper planning, it can minimize taxes and help make your business profitable. Solo 401(k)s and SEP IRAs are both tax-deferred retirement savings accounts for small business
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Spring-Cleaning Your Finances? Start With These 3 Things
For some people, spring means itchy, watery eyes and allergies galore. For others, it means a celebration of milder weather and the chance to spend more time outdoors.
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Teach Kids About Money While You’re Stuck At Home
We are all locked down at home, and probably running out of things to do to entertain our children. This might be a golden opportunity to teach our kids some valuable lessons about money, and not just because April is Financial Literacy Month. Learning how to handle money properly at an early age might sound a little b
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What is a rollover IRA? How to transfer funds from your 401(k) to an IRA and avoid taxes
Summary List PlacementIf you have an employer-sponsored plan like a 401(k), you might wonder what happens to your money when you leave the job — either for a new gig, to work on your own, or to retire early. A rollover IRA is one alternative. It could be a smart choice if you're looking for more investment options, low
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5 Simple Ways To Prepare Your Personal Finances For A Recession
Last fall, recession fears were running high. It was hard to escape the conversation; predictions for the next big crash flew all over the media while clients, friends, acquaintances, and others constantly asked the team at my financial planing firm if a recession was really about to happen. Our answer to that question
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7 Wealth Building Habits You Need To Start Now
Your wealth can typically be managed 1 of 2 ways: Either you are building your wealth, or you are shrinking your wealth. Each and every day, we
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3 Reasons Retirement Might Not Be as Expensive as You Think
Retirement is expensive, and many Americans worry about running out of savings. You can minimize this risk with careful planning, but it's impossible to know precisely how much money you will need. If you find this daunting, I have good news. You may not need quite as much money as you think. Here are three factors you