When is the right time to retire? It’s a question that depends on your personal needs and circumstances—not to mention your personality and plans for what you’d do instead.
The IRS Just Released New 2020 Tax Brackets. Here's What They Mean.
Taxes may be one of the few certainties in life, but when it comes to understanding how they work, it’s normal to feel, well, uncertain.
Retirement in Brief: The Latest News and Research
The IRS took center stage this past week on the retirement-savings front, declaring the 401(k) contribution levels for 2020 and proposing changes to required minimum distributions to account for longer lifespans.
Consumer Sentiment Rises in Early November
What Are the Roth 401(k) Withdrawal Rules?
Despite being funded with after-tax dollars, a Roth 401(k) account is not immune to taxes and potential penalties if you don't know how rules regarding withdrawals work.
The Rise of 401(k) Brokerage Accounts
For many years the investment options offered in company-sponsored 401(k) plans were limited to mutual funds and annuity contracts, along with one or more guaranteed accounts and, perhaps, the company’s stock. However, some plans now allow participants to buy and sell securities inside their 401(k)s. The option is known as a self-directed brokerage account (SDBA) or a 401(k) brokerage window.
You’ll be able to put more money into your 401(k) in 2020, but not your IRA
Americans will be able to save just a little bit more in some of their retirement accounts in 2020.
The Internal Revenue Service announced it is increasing its 401(k), 403(b) and most Thrift Savings Plans deferred contribution limit to $19,500 next year, up from $19,000 in 2019. Catch up contributions are also jumping $500, to $6,500 in 2020. That means Americans 50 years and older can contribute a total of $26,000 in 2020.
Here are 3 tips to get the most out of your employee benefits for 2020
This fall, resist the temptation to just re-elect all of last year’s workplace benefits.
Employers are rolling out their benefits packages for 2020, and that means it’s time for you to choose your health-care, life insurance and disability coverage for the new year.
Why corporate earnings season is going better than expected
More than 70% of S&P 500 companies have reported earnings for July through September. And the results? Well, they look better than Wall Street had anticipated.
Why IRA, Roth IRA, and 401(k) Contributions Are Limited
Contributions to a traditional IRA, Roth IRA, 401(k), or other retirement savings plan are limited by the Internal Revenue Service (IRS) to prevent highly paid workers from benefiting more than the average worker from the tax advantages they provide.
11 Ways Retirement Has Changed Over the Last 25 Years
The only constant in life is change. But it’s shocking how quickly the notion of retirement has changed in recent memory.
Your questions about retirement planning boiled down to 20 answers
Richard Quinn
Take any money issue and you’re sure to find detailed guidance—some so complicated that it’s largely ignored, regardless of its potential benefit.
The following is not intended to make light of the difficulty some people have with money. Still, a little straightforward information helps. Let’s strip personal finance down to its basics:
BlackRock Global Investment Outlook: Q4 update
BlackRock Investment Institute
Click here for the full report
Overall, we favor reducing risk amid the ongoing protectionist push. We prefer U.S. equities for their reasonable valuations and relatively high quality; and the min vol and quality factors for their defensive properties. We like EM debt for its coupon income. We are overweight euro area sovereigns: a relatively steeper yield curve brightens their appeal even at low yields. And we see government bonds as important portfolio stabilizers.
Roth IRA Beats Traditional IRA For Young Workers; Here's How
Roth IRAs are best for workers who expect their tax rate to rise in retirement. And the younger you are, the more likely that is to be true. So, if you're a young investor, remember: a Roth IRA is a savings tool whose benefits tilt in your favor.
Here’s Why Small Investors Aren’t Buying the ‘Index Funds Bubble’ Argument
You may have heard the ever-louder debate recently emanating from the world of Big Finance on whether equity index funds and ETFs are heading for a bubble. Small investors, like families saving for college or retirement, are also weighing in on the matter—and their response seems to be an indifferent shrug of the shoulders.
It’s Time For Year-End Financial Planning
Getting your finances ready for the end of the calendar year takes time, so it’s wise to start thinking about your financial to-do list now. Since most year-end planning opportunities have firm deadlines—often December 31st—acting now can help ensure you don’t leave money on the table. It’s not all upside though: failing to take certain actions can mean hefty penalties in some cases.
Shift into value stocks could fuel a solid rally, says J.P. Morgan
Bone up on the term “market rotation” if you want to hold your own at the water cooler these days.
Deutsche Bank strategist Jim Reid and his team define that term best as a “big unwind in some popular trades.” In the last couple of days, investors have been intensely pulling money out of momentum stocks — those that have had the best returns over the past year — and into so-called slow-and-steady value stocks. It’s sort of like trading your pet hare for a tortoise.
How to keep your 401(k) running smoothly — no matter what
No matter how the markets are behaving or what is happening in your life, there’s always a way to ensure your 401(k) is working for you.
Early retirement sounds amazing, but it can take a toll on your mental health
Karishma Vanjani
Having enough money in the bank and the potential to never work an office job again excites many people on the journey to FIRE, but they often overlook the possible downsides.
What Are Target-Date Funds?
Investors in target-date funds can set up a diversified portfolio and maintain a sensible asset allocation for decades without breaking a sweat.