While more investment choices may be appealing, there are some issues to be aware of before taking this direction.
Whether You Are Retiring Now or in 10 Years, the Consolidated Appropriations Act Could Help You Save
Some changes take effect this year, and others are delayed until 2024, 2025, 2026, or even 2033.
Much like caring for a vehicle, financial planning is an ongoing process—not a once-and-done event.
Roth IRAs are not subject to RMD rules.
Full of tricky timing concerns, the rules for IRA withdrawals are commonly misunderstood. Here, we explain five of them.
Looking for ways to make your cash work for you without committing to a long-term investment? There are plenty of options available.
Discover several ways to offset inflation through tax-efficient saving in 2023.
Wondering whether to close out your home loan ahead of schedule? We’ll look at the benefits of doing this—and when it might be better to invest in bonds instead.
Series I savings bonds combine relatively high returns with minimal risks—as long as inflation remains elevated.
Opportunistic tax planning can help extend the life of your retirement savings. Here’s how.
Here, we break down the IRS pro-rata rule—a calculation that helps distinguish pre-tax and after-tax funds.
Withdrawing money early from a retirement account is meant to be a last resort—and can come with consequences. Make sure you know these penalties and exemptions first.
If managing your financial accounts feels clunky or time-consuming, a money management app can help you track spending, savings, and performance. Here are three to consider.
With appropriate income withdrawal strategies, a retiree can lessen their exposure to IRMAA surcharges.
These misperceptions can end up costing you a lot of money, and more importantly, years of your life working for someone else rather than pursuing your passions.
The good news is that there are plenty of legitimate options to avoid the penalties and taxes.
It’s just as important to diversify how funds are saved as it is to diversify how they are invested.
Do not spend money that has been accumulated for financial independence. Invading long-term savings extends the time it will take to achieve a goal.
Time is the most important word in our investment vocabulary. If financial independence is the goal, starting today beats waiting until tomorrow.
Affordability, access to healthcare, climate, and culture are just some of the important factors to consider before moving to another state.