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
Tax season is here, and there are a few changes you need to be aware of before you file your 2021 taxes. First of all, this year we all get a few extra days to file our tax returns. Instead of the typical April 15, 2022, deadline, this year it’s April 18 due to the… Continue reading Important Changes to Know before Filing 2021 Taxes
401(k) loans are attractive because you don’t need to have good credit, you enjoy low interest rates, and you pay interest to yourself instead of a creditor. However, if you don’t take time to understand the details, it may end up costing you more than you bargained for and hurt your retirement savings – especially… Continue reading What Happens If I Leave My Job with a 401(k) Loan?
College costs are rising, and many parents are worried about their children taking on student loan debt. And, many are likely weighing saving for retirement vs. college. A 2021 report by Student Loan Hero reports, “Americans owe over $1.71 trillion in student loan debt, spread out among about 44.7 million borrowers.”¹ Of 44.7 million borrowers,… Continue reading Saving for Retirement vs. College: Which Is the Best Choice?
People are quitting their jobs in record numbers, and that means many are leaving 401(k)s behind with their old employers. The “Great Resignation” took over the headlines in 2021 – and the trend doesn’t appear to be going away anytime soon. The latest Department of Labor statistics show more than 4 million people quit their… Continue reading The Great Resignation and Your 401(k) Plan
Most people have been taught not to discuss money, but if we’re honest, we all want to take a sneak peek into one another’s bank accounts, saving accounts, and 401(k)s. This isn’t because we have bad intentions. It’s simply because we want to know how we measure up. Let’s consider the state of retirement. You… Continue reading State of Retirement 2022: How Do You Measure Up?
If you’re concerned about your investments and the current market conditions for early 2022, you aren’t alone. The best way to avoid making costly financial mistakes is to understand what’s going on and the underlying factors at play. In this post (and video below), we hope to put things in perspective with our market commentary… Continue reading Market Commentary for Q1: What Every Investor Needs to Know
If you’re wanting to catch up on 401(k) savings and are over the age of 40, it may seem overwhelming when you think about how you’re going to do it. Fret not. With proper planning, informed action, and determination, it is still possible to catch up and enjoy a comfortable retirement. Just follow these 5… Continue reading 5 Ways to Quickly Catch Up on 401(k) Savings over Age 40
Looking for a way to get ahead on 401(k) retirement savings this year? Check out the list below of 7 things you can do today to help maximize 401(k) performance in 2022. #1 Don’t Stay with the Default Plan More and more employers are automatically enrolling employees in their 401(k) plans. In fact, more and… Continue reading 7 Things That May Maximize 401(k) Performance in 2022
The new year is upon us, which means it is the perfect time to create and finalize a financial checklist for 2022. 2021 appears to have been a better year financially for many American families. Why? Because many started financial planning for the first time. According to a study by Northwestern Mutual, “A third (32%)… Continue reading 10-Step Financial Checklist for 2022
