COVID 19
Since the turn of the millennium, the market's negative response to health crises has been relatively short-lived. As this table…
Biblically Responsible Investing
Since the turn of the millennium, the market's negative response to health crises has been relatively short-lived. As this table…
If your work-based retirement plan allows loans, you typically can borrow up to the lesser of 50% of your vested…
Just how wealthy are you? You'll want to figure that out before you make any major life decisions. Your first…
Merging Your Money When You Marry Getting married is exciting, but it brings many challenges. One such challenge that you…
Distributions from Traditional IRAs: Between Ages 59 1/2 and 70 1/2 What is an IRA distribution? A withdrawal from an…
What are my options if I inherit an IRA or an employer retirement savings plan account? If you don’t want…
Little Known IRA Facts You Can Use When it comes to IRAs, the tax rules get pretty complicated, to say…
Working During Retirement Planning on working during retirement? If so, you’re not alone. An increasing number of employees nearing retirement…
Assessing Portfolio Performance: Choose Your Benchmarks Wisely You can’t help but hear about the frequent ups and downs of the…
Five Steps to Tame Financial Stress Do you sometimes lie awake at night thinking about bills that need to be…
If you want to limit potential losses while participating in the potentially attractive returns of a market-driven investment but would…
Are you suddenly on your own or forced to assume greater responsibility for your financial future? Unsure about whether you’re…
Source: Social Security Administration, Office of the Chief Actuary, Benefits in Current Payment Status, June 2016
The best time to plan for the possibility of nursing home care is when you’re still healthy. By doing so,…
Answer: Yes, but the taxable portion of your distribution may be subject to a 10 percent penalty for early withdrawal…
Don’t Forget to Include Memory Loss When Planning for Retirement When planning for retirement, an important factor that is often…
If you take a distribution from your IRA intending to make a 60-day rollover, but for some reason the funds…
You’ve probably heard that if you withdraw taxable amounts from your 401(k) or 403(b) plan before age 59½, you may…
Answer: Yes. Unless you absolutely cannot afford to set aside any dollars whatsoever, you should contribute to your employer’s 401(k)…
When you change jobs, you need to decide what to do with the money in your 401(k) plan. Should you…
Determining your retirement income needs is a process that helps you identify your retirement planning needs based on your desired…
You may be counting on funds from a defined benefit plan to help you achieve a comfortable retirement. Often referred…
Qualified employer-sponsored retirement plans can provide a number of tax and nontax benefits to employees. The employee perspective on these…
Required distributions and non-spousal death benefits can’t be rolled over. Required distributions, certain periodic payments, hardship distributions, corrective distributions, and…
Required distributions and nonspousal death benefits can’t be rolled over. You can make only one tax-free, 60-day, rollover from one…
Answer: If you are 50 or older, or you will reach age 50 by the end of the year, you…
Go out into your yard and dig a big hole. Every month, throw $50 into it, but don’t take any…
What is it? When the account owner of a traditional individual retirement account (IRA) or employer-sponsored retirement plan dies, the…
Working During Retirement Planning on working during retirement? If so, you’re not alone. An increasing number of employees nearing retirement…
Introduction A withdrawal of money from an employer-sponsored retirement plan is generally referred to as a distribution. When you have…
Distributions from Traditional IRAs: Between Ages 59½ and 70½ A withdrawal from an IRA is referred to as a…
Should I retire now at age 62 and collect Social Security benefits, or should I wait until full retirement age?…
Answer: The more you save for retirement, the better your chances are of retiring comfortably. One way to help accomplish…
Below are summaries of some basic principles you should understand when evaluating an investment opportunity or making an investment decision.…
Father Time doesn’t always have a good reputation, particularly when it comes to birthdays. But when it comes to saving…
Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need…
Throughout your career, retirement planning will likely be one of the most important components of your overall financial plan. Whether…
What to Do after You’ve Been Automatically Enrolled in Your Company’s Retirement Plan At one time, the only way you…
Planning your retirement income is like putting together a puzzle with many different pieces. One of the first steps in…
If you direct your own 401(k) plan investments, you’ll need to consider the investment objectives, the risk and return characteristics,…
Dollar cost averaging is a method of accumulating assets by purchasing a fixed dollar amount of securities, at regularly scheduled…
In general, your retirement plan benefits pass to the beneficiaries you designate on the plan beneficiary designation form. It is…
Answer: There’s no way to know the answer to that without reviewing your individual circumstances and financial goals. However, if…
Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits,…
Answer: Risk tolerance is an investment term that refers to your ability to endure market volatility. All investments come with…
Answer: A mutual fund prospectus is a pamphlet or brochure that provides information about a mutual fund. Mutual fund companies…
Answer: A qualified plan is an employer-sponsored retirement plan that qualifies for special tax treatment under Section 401(a) of the…
Retirement confidence is highest among workers who say they or their spouse have a retirement plan, such as a work-sponsored…
Estimate Your Retirement Savings Goal How much might you need to retire? Use this worksheet to help target a total…