The NCAA will no longer prohibit its athletes from making money off their name, image and likeness (NIL), and some are already cashing in. For example, incoming Tennessee State freshman basketball player Hercy Miller signed a deal with web design and coding company Web Apps America for $2 million over four years. It has long been a problem that college athletes — in fact almost … [Read more...] about Read this, college athletes: What to do with your new NIL money
Dollars & Sense: Do 401k accounts really work? – KMPH Fox 26
Dollars & Sense: Do 401k accounts really work? KMPH Fox 26 … [Read more...] about Dollars & Sense: Do 401k accounts really work? – KMPH Fox 26
Episode 3: Then The Pandemic Happened
In the third episode of Fair Shares, a podcast from the Washington Post Creative Group and MassMutual about helping smart women plan a better financial future, host Bola Sokunbi — a financial education instructor and the CEO of Clever Girl Finance — joins a mother getting back on her feet while also prioritizing her family. Sokunbi talks with Asia, who was shaken emotionally … [Read more...] about Episode 3: Then The Pandemic Happened
401GO Raises $2M in Seed Funding
401GO, a West Jordan, UT-based software platform that enables small businesses to offer 401k plans to their employees,, raised $2M in seed funding. The round was led by Impression Ventures with participation from Signal Peak Ventures, and Stout Street Capital. Impression Ventures will be taking a board … [Read more...] about 401GO Raises $2M in Seed Funding
Episode 1: Then I Was The Caregiver
In the first episode of Fair Shares, a podcast from the Washington Post Creative Group and MassMutual about helping smart women plan a better financial future, host Bola Sokunbi — a financial education instructor and the CEO of Clever Girl Finance — joins a mother trying to balance work, parenting and money. Sokunbi talks candidly with Ariana, who found out her son had special … [Read more...] about Episode 1: Then I Was The Caregiver
3 Things Dave Ramsey Gets Really Wrong About Retirement Savings
Dave Ramsey is a popular personal finance personality, and he's got some great advice about paying back debt. But his advice about retirement planning leaves a lot to be desired. Specifically, there are three ways Ramsey is steering his readers and listeners wrong about preparing for their later years. And the advice he gives on these issues could be costly and damaging. Here … [Read more...] about 3 Things Dave Ramsey Gets Really Wrong About Retirement Savings
Episode 5: Then I Planned For The Future
In the fifth and final episode of Fair Shares, a podcast from the Washington Post Creative Group and MassMutual about helping smart women plan a better financial future, host Bola Sokunbi — a financial education instructor and the CEO of Clever Girl Finance — joins two business owners taking charge of their financial fates. Donna identifies as a self-made, lifelong … [Read more...] about Episode 5: Then I Planned For The Future
Schwab Retirement Plan Services Launches My Financial Guide to Help Workers Take Control of Their Financial Lives
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Retirement Plan Services announced today the launch of an interactive, online dashboard designed to help retirement plan participants save and invest. My Financial Guide walks participants through a financial health assessment using straightforward questions most workers can answer without having to look at their financial records. The … [Read more...] about Schwab Retirement Plan Services Launches My Financial Guide to Help Workers Take Control of Their Financial Lives
Understanding Annuities and Taxes: Mistakes People Make
When it comes to taxes, we all have to pay the piper. In this case, the piper is Uncle Sam. So, even though you’ve seemingly already paid your fair share, your taxes aren’t going to necessarily be any lower in retirement. And, this also applies to annuity owners.Annuity Taxation 101Annuities are taxed by the IRS based. And, the tax is almost entirely calculated on how they were … [Read more...] about Understanding Annuities and Taxes: Mistakes People Make
5 Simple Moves to Shift Your Retirement Savings Into Overdrive
It's good practice to constantly search for new ways to optimize your strategy around saving for retirement. By making small changes today, you're setting yourself up for a more comfortable financial future. Here, we'll look at five simple ways to put your retirement savings into another gear. 1. Look into IRA options Remember that your employer-sponsored retirement savings … [Read more...] about 5 Simple Moves to Shift Your Retirement Savings Into Overdrive