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HSA for Retirement: 7 Common Mistakes to Avoid

An HSA for retirement may help cover future healthcare costs while providing 3 tax advantages: pre-tax contributions, tax-free growth, and tax-free withdrawals for qualified medical expenses. Common HSA mistakes include spending funds too early, leaving eligible funds in cash, exceeding contribution limits, losing medical receipts, and failing to name a beneficiary.   Takeaways An HSA… Continue reading HSA for Retirement: 7 Common Mistakes to Avoid

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401(k) Terms Every Investor Should Know

A 401(k) is one of the most important financial accounts you’ll ever own, yet many investors don’t fully understand how it works. Understanding key 401(k) terms, including employer match, vesting schedules, and target-date funds, can help you make more informed decisions, avoid costly mistakes, and maximize your retirement savings.   #1 Plan Sponsor Your plan… Continue reading 401(k) Terms Every Investor Should Know

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What Married Couples Should Know about Their 401(k)s

Married couples each have their own 401(k), but many retirement decisions work best when they’re made together. Coordinating employer matching contributions, reviewing beneficiary designations, and understanding what happens to a 401(k) after death or divorce may help couples make the most of their retirement savings and avoid costly mistakes.   Takeaways Each spouse owns their… Continue reading What Married Couples Should Know about Their 401(k)s

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New IRS Guidance Aims to Simplify 401(k) Rollover Rules

The IRS issued Notice 2026-49 on August 12, 2026, with 4 optional sample forms and a 5-step process to simplify direct rollovers between retirement plans and IRAs. The guidance does not change rollover tax rules, and the public may comment through October 23, 2026.   Takeaways Notice 2026-49 introduces 4 optional rollover forms.  The guidance… Continue reading New IRS Guidance Aims to Simplify 401(k) Rollover Rules

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One Habit That May Improve Your 401(k) Performance

Rebalancing is the act of periodically adjusting your 401(k) investments back to your intended asset allocation. While it does not guarantee higher returns, regular rebalancing may help manage risk, maintain diversification, and keep your retirement strategy aligned with your long-term goals.   Takeaways Rebalancing can help restore your 401(k) to its intended mix of investments… Continue reading One Habit That May Improve Your 401(k) Performance

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Fall Spending Is Coming: Keep Your Retirement Savings on Track

Fall spending often increases because back-to-school costs, seasonal expenses, holiday travel, and gift shopping happen within a few months of each other. Preparing for those expenses now may help you avoid unnecessary debt and help you keep contributing to your 401(k) through the end of the year, rather than cutting back to cover seasonal costs.… Continue reading Fall Spending Is Coming: Keep Your Retirement Savings on Track

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Can I Open a Roth IRA for My Child? What Parents Should Know

A custodial Roth IRA lets parents help a child with earned income start building long-term wealth. By starting early, children gain decades of potential tax-free growth while learning the value of saving and investing.   Takeaways  A custodial Roth IRA can help children build long-term wealth while learning the value of saving and investing. A… Continue reading Can I Open a Roth IRA for My Child? What Parents Should Know

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Americans Are Saving More Than Ever. So Why Are More People Tapping Their 401(k)s?

Americans are saving more for retirement than ever before, yet more workers are also tapping their 401(k)s for financial emergencies. According to Vanguard’s How America Saves 2026 report, hardship withdrawals have tripled since 2021 despite record participation, savings rates, and account balances.   Takeaways Americans are saving more for retirement than ever before. Hardship withdrawals… Continue reading Americans Are Saving More Than Ever. So Why Are More People Tapping Their 401(k)s?

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5 Financial Moves to Make before the End of Summer

Summary Small financial decisions can have a big impact over time. Before summer ends, take a few minutes to review your 401(k), emergency savings, beneficiary designations, and retirement plan to help keep your long-term goals on track.   Takeaways Increasing your 401(k) contribution by just 1% may add tens of thousands of dollars to your… Continue reading 5 Financial Moves to Make before the End of Summer

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Women Are Out-Saving Men for Retirement – So Why Do They Retire With Less?

Women are often more consistent retirement savers than men, according to Vanguard’s How America Saves 2026 report. They participate in 401(k) plans at higher rates and frequently save a larger percentage of income. Despite these stronger savings habits, lower earnings and career interruptions continue to drive the women’s retirement savings gap, which can result in… Continue reading Women Are Out-Saving Men for Retirement – So Why Do They Retire With Less?