For most of our lives, the holiday shopping season has run from Black Friday to Christmas Eve. But those days are done. Just walk into a Hobby Lobby, and you’ll be greeted by Christmas decorations in September. It may drive you crazy to see “Christmas” everywhere before Halloween, but it is risky to wait to… Continue reading Early Holiday Shopping Tips for 2022
There’s no denying the 3rd quarter wasn’t pretty. It culminated in one of the worst Septembers in a long time with the worst Dow performance for a month since 2002, and the worst S&P 500 performance since 2008. Times like this are when you have to guard against making emotional decisions and try to transfer… Continue reading Market Commentary for Q4: What It Means for Your 401(k)
With the end of the year now in sight, there are 7 fourth quarter 401(k) tips that may help you maximize your account performance. Don’t just sit back and leave your retirement future to chance. Take a moment to read the article below and then take action before the end of the year! #1 Review… Continue reading Fourth Quarter 401(k) Tips: Moves to Make Now
If you’re one of the millions of people who recently left a job, there’s one thing that’s worse than leaving behind your 401(k) with a past employer – and that is making a very costly 401(k) rollover mistake. More than 4 million people have left their jobs each month in the U.S. so far in… Continue reading The #1 401(k) Rollover Mistake – Avoid This at All Costs
If you’re thinking about making a 401(k) withdrawal right now to pay off high-interest debt, help make ends meet, or have extra cash on hand, you may want to think again. Or at least educate yourself on the possible consequences, so you make the move with eyes wide open. Keep reading to find out the… Continue reading Why a 401(k) Withdrawal Should Be Your Last Resort
We all have bad money habits, and many of us don’t even realize it’s these habits that prevent us from reaching our financial goals. Over time, bad money habits compound. And, then, one day in the future, we wake up and wonder how the heck we got into so much debt and have so little… Continue reading 7 Bad Money Habits That Keep You Poor
September 9 is National 401(k) Day, and to help you get in the spirit, we’re sharing 7 ways to use this tool to potentially change your life in retirement. But first, a bit about this holiday. It was started by the Plan Sponsor Council of America (PSCA) back in 1996 to encourage companies to help… Continue reading The Time Is Now to Get Engaged with Your 401(k)
Generally speaking, taking out a 401(k) loan should be your last resort. Yes, there are times when it may make financial sense, such as borrowing to make the down payment on a new home or because you’re in dire financial need. And with the cost of living skyrocketing in the last year, it may be… Continue reading The Downside of 401(k) Loans: Investors Beware
It’s critical to your retirement savings and to your future retirement lifestyle to understand what you’re invested in. If you have a 401(k), this begins with asking questions – the right questions about your 401(k). Keep reading for the 9 most common 401(k) questions and answers investors have. #1 Can I Change the Default Investment… Continue reading 9 Common 401(k) Questions – Answered
Target date funds (TDFs) do exactly as the name suggests – they are designed to target your anticipated retirement date. Instead of having to choose a number of investments and create a portfolio, you select a fund that will help you reach retirement income goals. So, if you’re younger and plan to retire in 2060,… Continue reading 3 Ways Target Date Funds May Hurt 401(k) Investors
