Eight in 10 401(k) savers are invested in target date funds (TDFs). That's according to Vanguard's "How America Saves 2021" report, an in-depth look at 401(k) plans and how U.S. workers are preparing for retirement. The growing popularity of TDFs isn't surprising. More 401(k) plans are adopting automatic enrollment, which selects TDFs for plan participants by default. TDFs are … [Read more...] about 4 Target Date Fund Pitfalls to Avoid in Your Retirement Account
Does fossil fuel investing result in dirty money? » Albuquerque Journal
.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........SANTA FE, N.M. — In 2017, the Guardian reported on a study by the Climate Accountability Institute that found that 100 companies are responsible for 71% of the world’s emissions. Not … [Read more...] about Does fossil fuel investing result in dirty money? » Albuquerque Journal
Olympic Gold Medal Rekindles Debate on Israeli Civil Marriages
By Ira Sharkansky Ira Sharkansky JERUSALEM — Artem Dolgopyat won a gold medal for Gymnastics, and became a national hero. Both the President and the Prime Minister telephoned their congratulations. Bibi also weighed in with a good word, but made an error of doing it on Shabbat. That got a bad reception from ultra-Orthodox Knesset Members. Dolgopyat appeared on television as a … [Read more...] about Olympic Gold Medal Rekindles Debate on Israeli Civil Marriages
CAPITAL IDEAS: You’re not as rich as you think you are
“If you have a tax preparer, you do not have a tax planner.” —James Pollard’s CPA “Tax preparation is focused on getting this year’s tax return prepared and to the IRS … it’s all about what happened this last year. Let’s get it done and move on … the contrast to that in tax planning is taking a forward-looking approach to saying, ‘what can we proactively do to make sure that … [Read more...] about CAPITAL IDEAS: You’re not as rich as you think you are
Does it make sense to convert my IRA to a Roth?
Q. I am trying to figure out if it makes sense for me to convert my traditional IRA, worth about $27,000, to a Roth or to roll it into my deferred compensation plan. I am retired, age 62 and have a decent state pension plus Social Security. I won’t touch my deferred compensation plan until I have to take mandatory minimums and we max out our Roth each year. My husband … [Read more...] about Does it make sense to convert my IRA to a Roth?