If you have an IRS check headed your way soon, chances are, you already know how you’re going to use your tax refund for 2022. Sure, upgrading your appliances would be amazing. Or taking that trip abroad. Before you spend the money, we encourage you to think about your financial future for a moment. Americans… Continue reading 3 Ways to Use Your Tax Refund for 2022
Many workers who save a portion of each paycheck in their 401(k) and receive a matching contribution from their employer often wait years before the money is fully theirs. Some don’t see any employer matching dollars because they leave the company too soon. If you don’t want to lose your company’s 401(k) match, it’s critical… Continue reading 401(k) Vesting Schedule: How It Works and Why You Should Care
In response to the retirement crisis in America, the U.S. House of Representatives recently passed the Securing a Strong Retirement Act of 2022 by an overwhelming bipartisan vote of 414 to 5. The bill, which passed March 29, is referred to as Secure Act 2.0 because it builds on the Setting Every Community Up for… Continue reading Secure Act 2.0: How It May Impact Your 401(k) Savings
Getting your affairs in order means all the pertinent information about yourself, your medical history, and your finances is documented and organized. Should the unthinkable happen and you pass away before it is expected, this will save your family from even more stress in the aftermath of your death. We have all heard horror stories… Continue reading Getting Your Affairs in Order [Checklist]
There is no better time to put a serious dent in your 401(k) savings than in your 30s. Sure, some of you may have young families to feed or you aren’t at peak earning potential yet, but the amount you save now provides a golden opportunity to accumulate a serious amount of retirement wealth. Keep… Continue reading 401(k) Maximization Strategies in Your 30s
Parenting is hard work, especially when you have to parent in unfamiliar ways. Today’s parents are dealing with issues generations past didn’t face, such as how to protect kids online. Previous generations certainly had their own fears, but, today, many of the issues facing our children result from the internet. Yesterday’s story of a pedophile… Continue reading How to Protect Kids Online
Just like that, we are headed into spring, which means it’s time for a financial checkup using our second quarter personal finance tips for 2022. Many Americans entered 2022 with big financial goals. According to the New York Life Wealth Watch survey:¹ When asked how they were feeling about their finances going into the new… Continue reading 12 Second Quarter Personal Finance Tips
Far too often, parents prioritize college savings over retirement savings. While many believe they are doing the right thing helping their children avoid financial misery, they fail to realize that prioritizing college savings over retirement leads to more than one generation struggling financially. It’s becoming more common for parents and grandparents to take out loans… Continue reading College Savings Mistakes to Avoid [What to Do Instead]
401(k) plans are a valuable tax-advantaged retirement savings tool for many Americans. With it often being the largest retirement asset investors own, it’s critical investors understand how to maximize savings so they earn and keep more to enjoy during retirement. The problem is many 401(k) myths keep investors from doing just that. They think they… Continue reading Are These 401(k) Myths Costing You Money?
With cybercrime on the rise, and the threat of it increasing as a form of warfare, it’s critical we do what we can to protect our personal data and bank accounts. At press time, Russia has invaded Ukraine, and they have already launched cyberattacks on Ukrainian banks and government websites. According to U.S. intelligence reports,… Continue reading 20 Cybersecurity Tips: Protect Yourself in 2022
