Millions of Americans may need to decide what to do with their old 401(k) plans, as the coronavirus-driven recession threw them out of work or they moved to a new employer. With the economy bouncing back somewhat, it may be time to consider your options with your 401(k).If you remain unemployed or are struggling to earn enough, worrying about your distant financial future may … [Read more...] about 401(k) rollover options: Here’s what to do if you lose or change your job | Personal Finance
Roth IRA
Bigger Catch-Up Contributions, Other Changes to Retirement Savings Considered
Bills are before Congress to enhance retirement savings opportunities in programs such as the Thrift Savings Plan, including opportunities to invest more and to delay withdrawals. The approaches differ between the House and Senate measures but each version has bipartisan support and the general aim is the same, leading to growing expectations that changes will be enacted, … [Read more...] about Bigger Catch-Up Contributions, Other Changes to Retirement Savings Considered
One surprising question you should ask any financial advisor you might hire — their answer could be a huge red flag
MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. Planning your financial life can be a lot to handle on your own. If you’re paying off your debt, how much should you invest … [Read more...] about One surprising question you should ask any financial advisor you might hire — their answer could be a huge red flag
A Week In Oregon On A $54,000 Salary
Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.Today: a paralegal who makes $54,000 per year and spends some of her money this week on a Mac Paint Pot.Occupation: ParalegalIndustry: LegalAge: 40Location: … [Read more...] about A Week In Oregon On A $54,000 Salary
Learning from Peter Thiel’s Roth IRA – Monterey Herald
Last month, the website ProPublica broke a story about Peter Thiel’s $5 billion Roth IRA. Personally, I found the article fascinating, but probably not in the way the authors intended. They seemed intent on stoking flames of moral outrage (How dare someone turn a $2,000 Roth contribution into a $5 billion fortune!). Instead, it kindled in me feelings of deep … [Read more...] about Learning from Peter Thiel’s Roth IRA – Monterey Herald