Browsing Tag

401(k)

Retirement

Some Changes are Coming for 401(k)s

Take note for 2019. Some notable developments are about to impact 401(k) plans. They follow a major change that became effective in 2018. Thanks to the Tax Cuts & Jobs Act, workers who borrow from 401(k) accounts and leave…

Retirement

The IRA and the 401(k)

Comparing their features, merits, and demerits. How do you save for retirement? Two options probably come to mind right away: the IRA and the 401(k). Both offer you relatively easy ways to build a retirement fund. Here is a…

Retirement

The Snowball Effect

Save and invest, year after year, to put the full power of compounding on your side. Have you been saving for retirement for a decade or more? In the foreseeable future, something terrific is likely to happen with your…

Retirement

Stay or Rollover: A retirement dilemma

Now that you have wrapped up your last day at work, packed up your desk plant and family photos, and passed out the hugs to your coworkers, it’s time to walk away. Now you must live out the dream…

Retirement

Why Aren’t You Maxing Out Your 401k?

It may be the best retirement planning tool you have. Do you have a million dollars? At the moment, probably not. But if you invest and save diligently and let your assets compound, who knows? You may be a…

Business

Smart Year-End Tax Moves for Small Business Owners

The end of year is quickly approaching, and it’s time for taxes. Hundreds of business owners will turn to their advisors for tips and strategies on how to save money and they’ll all get the same time-worn response: Sell…

Young Investors

Smart Money Tips for Millennials

As a millennial, you enjoy advantages when investing: time and the power of compounding. As a millennial, you enjoy advantages when investing: time and the power of compounding. The investing maxim Rule of 72 clearly demonstrates the latter. Divide…