Tag Archives: 401(k)
You’ve probably heard a lot about the importance of putting money into emergency savings, 401(k) plans, IRAs, and education savings accounts, but what about taking money out of these accounts?
If you’re like the vast majority of Americans, you’re probably contributing to your employer’s retirement plan. But are you really taking full advantage of all it has to offer?
Tax season is starting, albeit a bit late this year thanks to the stalled fiscal cliff negotiations. As people begin to receive tax information in the mail, calls to our financial helpline concerning consolidating accounts are starting…
With all the attention on open enrollment, Halloween, and the presidential election, you probably haven’t noticed that we’re smack in the middle of National Save for Retirement Week, which was created by Senate Resolution 555 to focus attention on 3 [Read more...]
Published on TLNT.com I recently spoke to an employee who had decided, at age 54, that it was time to start focusing on retirement. Her goal was to retire at age 65, and she was wondering if that would be [Read more...]
We all know that the federal government is running a massive budget deficit and looking for ways to cut spending and increase revenue. Some recent proposals intend to do this by targeting the tax benefits of retirement plan contributions, especially [Read more...]
Despite continued economic uncertainty, stock market volatility, and the recent downgrade of the U.S. credit rating, employees are still positioning themselves for their personal financial recovery and it is showing as financial stress levels continue to trend downward. Employees continued [Read more...]
I was recently asked about where someone could earn a little interest on savings for a down payment on a home in a few years. If you’ve tried to put aside money for a short-term goal like this, I’m sure [Read more...]
One of the most common questions we get this time of year is whether to contribute to a Roth or a traditional IRA. That’s because many people are told by their tax accountant to contribute to a traditional IRA as [Read more...]
You’ve probably heard of IRAs, and maybe FSAs, but what about HSAs? If your employer offers high-deductible health insurance policies, or if you’ve tried shopping around for low-cost health insurance, you may have run across this acronym. As their popularity [Read more...]