As we move into the second quarter, now may be the perfect time to assess your finances, adjust your budget, and set yourself up for a stronger financial future. The second quarter offers a unique opportunity – you’ve had a few months to see what’s working (and what’s not), and there’s still plenty of time… Continue reading Your Second Quarter Financial To-Do List
If you’re looking to improve your 401(k) performance in 2025, there is an often-overlooked strategy that may help. It’s called rebalancing. And failing to rebalance your portfolio could mean losing more than necessary in down markets or not maximizing gains in strong ones. Yet, many 401(k) investors often fail to rebalance, and, in doing so,… Continue reading One Move That May Improve Your 401(k) Returns in 2025
When markets drop, it can be easy to panic. But history shows that staying invested through downturns can often be the smartest move. In this special market update, we break down what’s happening right now – and why sometimes doing nothing may be the best strategy. What’s Going on in the Market We’re seeing corrective… Continue reading Worried about the Market? Here’s What You Need to Know
401(k) plans are designed to help in retirement, but if you don’t follow the rules, you may find yourself facing 401(k) withdrawal penalties. This is because the purpose of a 401(k) plan is to provide money following retirement from employment – not function as a general savings account. If you are unaware of 401(k) withdrawal… Continue reading How to Avoid 401(k) Withdrawal Penalties
It is becoming more popular to take a 401(k) loan. A December 2023 report found “more retirement savers have taken loans from their 401(k) accounts over the past year, suggesting that U.S. households are borrowing more readily as they feel the pinch of inflation.”¹ David Blanchett, a certified financial planner and head of retirement research… Continue reading How a 401(k) Loan Could Derail Your Retirement Goals
The S&P 500 went up more than 20% for 2 years in a row, an impressive run that doesn’t happen often. After 2 years of strong market performance, what should investors expect next? Keep reading (or watch the video) below as Mark Sorensen, our Chief Investment Officer, breaks down the latest trends – including the… Continue reading Market Outlook: What’s Next for 2025?
Tax season kicks off this week, and with it comes a handful of changes you’ll want to know about before filing your 2024 taxes. From adjustments to standard deductions and tax brackets to updated rules on credits, contributions, and thresholds, staying informed may help you maximize your refund or reduce what you owe. Read on… Continue reading 8 Things to Know Before Filing 2024 Taxes
America, it may be time to hit pause on spending. Even if just for a little while. The statistics from Clever speak volumes: Nearly three-quarters of Americans (71%) have regrets about their spending, and a majority of Americans (55%) say they spend recklessly. 78% of Americans make purchases they immediately regret. 38% of Americans say… Continue reading Why It Might Be Time for a Spending Break
In today’s dynamic job market, it’s not uncommon for people to change jobs several times throughout their careers. With each job transition comes a new set of considerations, especially when it comes to your 401(k). So, what do you do with your 401(k) when you change jobs? If you have been taking advantage of your… Continue reading 5 Things to Consider with Your 401(k) When You Change Jobs
As we approach the end of 2024, it’s important to make the most of the last 90 days if you want to reach your financial goals. Take a look at these 12 Q4 finance tips that may help you boost savings and finish strong. #1 Assess Your Goal Keeping Take some time to assess your… Continue reading Finance tips you should not ignore
