If you have an IRS check headed your way this year, chances are, you’re already planning how to spend your tax refund. Sure, upgrading your appliances would be amazing. And, yes, we know that new backyard jacuzzi would make the neighbors jealous. Before you run out and buy that new tech gadget or make that… Continue reading A Good Way To Spend Tax Refunds Wisely
The SECURE Act is changing the future of retirement. The law, otherwise known as Setting Every Community Up for Retirement Enhancement, passed on December 20, 2019, when it was signed into law by President Trump. It went into effect January 1 this year.¹ This new legislation aims to strengthen retirement security for Americans. According to… Continue reading 10 Ways the SECURE Act Is Changing the Future of Retirement
If you are like many working Americans with a 401(k), rebalancing your 401(k) is probably not one of your top priorities. You have better things to think about. We get it. But, what if we told you that by failing to rebalance, you are essentially turning your investments (and your future retirement income) over to… Continue reading What Every Investor Needs to Know about Rebalancing a 401(k)
Whether you’ve been contributing to your retirement savings for only 10 months or 10-plus years, you want to get the most out of your 401(k). If you’re like most investors, your 401(k) can represent a significant portion of your assets. For many, it is the largest asset. Protect your money and set yourself up for… Continue reading 11 Ways to Get the Most out of 401(k) Savings
The best way to easily boost retirement savings this year is to maximize your contribution limits. However, for many Americans, this isn’t always an option due to credit card debt, student loans, cost of living, and other financial obligations. The good news is you can save more for retirement without struggling or eating Ramen. Keep… Continue reading How to Easily Boost Retirement Savings This Year
401(k) vesting is an important concept all investors should understand. Knowing what vesting is, how it works, and what type of vesting schedule you have will help you make smart decisions when it comes to your 401(k) because you don’t always own your employer matching dollars right away. What Is 401(k) Vesting? Vesting simply… Continue reading What Every Investor Needs to Know about 401(k) Vesting
With the New Year comes the desire to do more, be better, live healthier, and, yes, even contribute more to retirement savings. If you’re wanting to see your savings grow, keep reading for 6 possible ways to maximize your 401(k) performance in 2020. #1 Become an Engaged Investor Too many people don’t understand what… Continue reading 6 Possible Ways to Maximize 401(k) Performance in 2020
If you want to start the New Year off right and reach your financial goals, check out this financial checklist for 2020. #1 Set Short- and Long-Terms Goals for 2020 This comes first on our financial checklist for 2020 because, if you don’t have a plan, rarely will you reach your goals. If you… Continue reading Financial Checklist for 2020: Make This the Year to Reach Financial Goals
Planning for large purchases can be daunting. Especially if you have other pressing expenses such as a mortgage or rent payments, student loan and credit card debts, and healthcare and childcare expenses. If you’re scratching your head wondering how to plan for large purchases in the coming year, you aren’t alone. Keep reading for real-life… Continue reading How to Plan for Large Purchases in 2020 [How They Did It]
The IRS recently announced new retirement plan contribution limits for 2020, which means you have the opportunity to save even more next year.¹ With company pensions disappearing and the future of Social Security unknown, Americans are now more responsible than ever to ensure they are set for retirement. Whether it’s a 401(k), Individual Retirement Account… Continue reading New Retirement Plan Contribution Limits for 2020
