In the world of retirement planning, the 401(k) has long been a popular vehicle for saving. SECURE Act 2.0 provides added Roth 401(k) advantages, allowing matching and other employer contributions. Now is a good time to reevaluate what types of contributions are best for you.
Open enrollment season is upon us, and it's your annual opportunity to make informed decisions about your health insurance plan. It's a critical time when you can adjust your coverage to better align with your current life circumstances, whether that involves welcoming a new addition to your family, focusing on your health and wellness, or planning for necessary medical procedures.
Retirement marks a significant transition, not just in lifestyle, but also in financial management. Understanding and preparing for the biggest costs in retirement is crucial for a comfortable and stress-free golden age.
Your journey to financial independence will include roadblocks that seem to keep you from your goals. With determination and a bit of strategy, these obstacles can be overcome.
I had the pleasure of joining Jill Malandrino on Nasdaq #TradeTalks to delve into current market perceptions from our clients' perspectives, strategize end-of-year portfolio and budget plans, and prepare financially for 2024.
Cash is a cornerstone of any financial plan. Your emergency fund and savings for goals in the next 1-3 years should be deposited in cash. As short-term interest rates have moved from zero percent to the current rate of over 5%, the search for the highest yield has created a confusing marketplace of cash alternatives. It's crucial to weigh the pros and cons of each savings vehicle.
Do you feel like no matter what you do, you end up in the same financial situation? That frustration might be the result of your money mindset. With over 27 years in the financial trenches, I've seen firsthand how deeply our financial psyche impacts our fiscal and emotional well-being. Your mindset drives how you make key financial decisions every day, and it can have a big impact on your ability to achieve your goals.
Navigate the fine line between good and bad debt with Sheryl Nance-Nash's enlightening article on Mindbodygreen. Discover how to leverage debt to your advantage and avoid the pitfalls that can harm your financial health.
I'm honored to be highlighted once again in a @GOBankingRates article by the brilliant Maddie Duley. Even better, her piece made its way to both @YahooFinance and @Nasdaq!