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How To Save For Retirement And Build The Most Wealth
Saturday, April 11, 2020 - 1:11pm | 1150Read More...Have you started saving for retirement? If you answered yes, congratulations on taking the necessary steps to ensure financial freedom during your golden years. If your answer was a no, it’s time to start planning for the future before it’s too late. But how do you start saving? What...
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5 Self-Employment Ideas For The Restless Retiree
Thursday, February 6, 2020 - 12:32pm | 633Read More...Retirement is a great accomplishment, a signal of professional and financial triumph. For most people, it’s the endgame—a well-deserved reward after many years spent in the workforce. But for some, retirement can be a difficult adjustment. It can be hard to keep busy, especially after...
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Why 25 Million Americans Didn't Make The Leap To Self-Employment
Thursday, January 30, 2020 - 11:52am | 610Read More...According to a Bureau of Labor Statistics report in 2016, the last year in which the agency collected data, there are over 15 million self-employed professionals in the U.S—about 10 percent of the total working population. This number may seem large, but is far behind some estimates. In...
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ESOPs Fables: Why OTC Markets Is Trying To Make It Easier For Employees To Own Stock In Their Companies
Monday, October 7, 2019 - 9:57am | 1004Read More...We all know how unprepared Americans are as a whole are for retirement. Just google “retirement crisis.” The statistics are ugly. There are too many reasons to list as reasons why many Americans do not have enough money saved for retirement. Stagnant wages coupled with rising life...
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How To Invest Part Time For Retirement
Wednesday, August 21, 2019 - 10:22am | 774Read More...With the U.S. economy booming and unemployment rates at their lowest level in decades, American disposable income has reached an all-time high of $16.45 trillion. Younger earners who have never started investing before, Americans who have maxed out their 401(k) contributions or even retirees...
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The Best And Worst 401(k) Strategies
Thursday, July 25, 2019 - 10:34am | 967Read More...More than 41 million U.S. households have at least one family member with a 401(k) plan. As of early 2018, the average balance of a 401(k) account was $102,900, and the total amount of 401(k) assets was more than $5.3 trillion. Retirement investment accounts are a great way to plan for the future,...
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Barron's On: Choosing A Retirement Home
Monday, June 3, 2019 - 7:50am | 351Read More...This weekend's Barron's cover story offers advice for choosing a retirement home. Baby boomers have changed the game, forcing the senior housing industry to keep up. A companion article provides suggestions for investors looking to play this changing market. This weekend's Barron'...
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Wells Fargo's Asset Sale: What You Need To Know
Tuesday, April 9, 2019 - 11:25am | 383Read More...Wells Fargo & Co (NYSE: WFC) said Tuesday that it reached an agreement to sell its Institutional Retirement & Trust business to Principal Financial Group Inc (NASDAQ: PFG). What Happened Wells Fargo is divesting its IRT business — which includes its retirement plan...
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Only 25% Of Americans Know This Simple Tax-Savings Trick
Monday, April 8, 2019 - 3:17pm | 689Read More...You've completed your 2018 tax return, and you don't like the results. How did you end up owing so much money? There's nothing you can do about it now... or is there? While the 2017 Tax Cuts and Jobs Act (TCJA) made sweeping changes to the tax laws, it didn't offer any retroactive...
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This Day In Market History: Pension Benefit Guaranty Corp. Makes First Payout
Thursday, February 28, 2019 - 8:59am | 357Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1975, the Pension Benefit Guaranty Corp. paid out its first check. Where The Market Was The S&P 500 was trading at 81.59 and the Dow closed the day at 739.05. What...
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Near-Identical Cousin? 403(b) Plans & Tax Implications Explained
Wednesday, February 27, 2019 - 2:10pm | 897Read More...We all hear a lot about the importance of saving for retirement. And for many workers, access to a 401(k) plan is a key component in long-term planning. But there are some workplaces that don’t offer a 401(k). Instead, they may offer 403(b) plans. If you work for a nonprofit organization, a...
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Where Retirees Are Struggling The Most With Debt
Tuesday, February 19, 2019 - 1:56pm | 782Read More...Debt is a major barrier to financial well-being among Americans. While we tend to think of debt as an issue affecting young and middle-aged people, the truth is that senior citizens carry debt, too. Among seniors approaching retirement, debt can be an obstacle to maximizing savings. Retirees living...
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Don't Get Blindsided: The Importance Of Tax Return Estimators
Thursday, February 14, 2019 - 1:24pm | 740Read More...Was one of your New Year’s resolutions to improve your financial planning? We’re still in the front end of 2019, so to help you remain on track, consider using a tax return estimator to make sure you’re on good terms with Uncle Sam. What Is an Income Tax Estimator? An income tax...
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Nearing Retirement? 4 Ways To Prepare For Taxes
Thursday, February 14, 2019 - 1:16pm | 1129Read More...If you’re getting ready to retire, you may be expecting your tax bill will be lower with lower income compared to your working years. However, each retirement scenario is unique, and each has different tax consequences. As you approach retirement, you can take several steps to keep your taxes...
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What To Do With An Old 401(k)?: 4 Choices To Consider
Thursday, February 14, 2019 - 1:10pm | 1363Read More...One of the things you have to consider when changing jobs or nearing retirement is what to do with your old workplace savings plan. The more frequently you’ve changed jobs, the greater the chance that you may still have an old 401(k) with a former employer, maybe even one you forgot...
