Tag Archive for: 401(k)

Thinking of Raiding Your Retirement Plan Because of COVID-19? Here Are 3 Reasons You Shouldn’t.

Under the CARES Act, you can now withdraw up to $100,000 from your retirement plan penalty-free if you've been negatively affected by COVID-19. But here are three reasons it's unwise to go that route. CLICK ON THE HEADLINE FOR MORE

2019, 2020 Contribution Limits For 401(k)s, IRAs, And HSAs

The 2020 IRA contribution limit is the same as the 2019 IRA contribution limit, but taxpayers will be able to contribute more to their 401(k) accounts and health savings accounts (HSAs) in 2020. CLICK ON THE HEADLINE FOR MORE

Four Costly Tax Mistakes To Avoid

Simple errors could cost hundreds or even thousands of dollars if you don't get things right the first time when dealing with the IRS. To help you avoid errors that could come back to haunt you, here are four big mistakes to be aware of. CLICK ON THE HEADLINE FOR MORE

This Is Americans’ No. 1 Financial Regret

It's hard to go through life without any regrets, but don't let yours stem from a lack of action. For the No. 1 financial regret Americans are most likely to kick themselves over, CLICK ON THE HEADLINE

Six Money Steps All New Grads Should Check Off Their List

What should a graduate's financial goals be and how can they be achieved? Financial experts recommend doing six key things for a new grad to build a foundation for financial success. CLICK ON THE HEADLINE FOR MORE

Retirees Often Make This Major Social Security Mistake

The value of delaying Social Security until age 70 is far more than just getting "more money per month." There are other advantages. However, there are also times and circumstances when this advice is not suitable. CLICK ON THE HEADLINE FOR MORE