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It’s common financial advice – save enough in your 401(k) to get the company match. It’s great advice (after all, who doesn’t want free money?), but it may not be yours to keep should you change jobs or withdraw from...

It feels good to wrap up things nicely before the end of the year, but there’s a lot to do. That’s where having a fourth quarter financial to-do list comes in. It helps you prioritize the things you need to...

While data shows more people are saving for the future, others are putting their financial futures at risk by taking 401(k) hardship withdrawals. 401(k) hardship withdrawals should be a last resort, but people are playing fast and loose with their...

The IRS recently announced a 2-year delay to the planned changes in catch-up contributions in 401(k)s and Thrift Savings Plans.  The new rule requiring high-income investors to make catch-up contributions only to Roth 401(k) accounts will not take effect until...

With today’s economic landscape characterized by persistent inflation and rising interest rates, it’s no surprise that American households are feeling financial pressure.  This has many Americans grappling with crucial financial questions:  Should I pull back on my retirement savings contributions? ...

One of the perks of employment is a 401(k). But what happens with the money you’ve accrued for retirement when you change jobs? The money is still there. But leaving behind an old 401(k) may be a costly mistake.   Keep...

Starting in 2024, new rule changes to 401(k) catch-up contributions go into effect for investors ages 50 and over.  These changes impact not only where you can save more, but also if you’re even able to.  Some might argue this...

Everyone seems to have an opinion about target date funds.  On one side, they make 401(k) investing easy.  On the other, there can be a significant difference in performance over time from target date funds versus other plan options.   In...

The Secure Act 2.0 brought about numerous changes to how we save for retirement, including when investors need to start taking required minimum distributions (RMDs). However, the IRS is making RMD changes yet again – this time delaying certain rules...

Let’s face it. There’s a lot going on with the economy, the Fed, and the markets.  It doesn’t help that in this 24/7 newscycle world we live in that the media sensationalizes headlines that cause panic and fear in investors. ...

Saving for retirement is critical, but many in their 20s and early 30s put it off.  It’s easy to see why. It’s not cheap to build a new life, buy a home, or start a family.  Add in inflation, the...

Back-to-school shopping is in full swing. Have you made space in your back-to-school shopping budget for hidden school costs? Recently, the following Facebook post went viral. According to the 2023 Deloitte back-to-school survey, parents are expected to spend $597 per...

The financial stress of taking care of kids and parents should not be glossed over or ignored. Parents typically feel financial stress, with new reports suggesting it costs a middle-class family with two children $310,605 to raise children from birth...

Parents strive to protect their children, and this often means hiding family financial issues. But should you talk to kids about money problems? The answer is YES. Shielding them may actually be doing more harm than good.  Consider these results...

Americans have celebrated the signing of the Declaration of Independence on the 4th of July since 1776, even though the Declaration of Independence wasn’t signed until August 2, 1776. There is a lot of fun history to learn about the...