Retirement Savings

3 stock market crash mistakes you can’t afford to make

WWill there be a market crash in the fourth quarter? This is the big question. Stocks were volatile during the second half of September. And with so many stocks being overvalued right now, it’s fair to say that we need to at least take a modest correction. That’s not to …

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Biparty aura around retirement savings darkens in reconciliation

Partisan tensions have surrounded most of the problems in Washington, DC in recent years, with a few notable exceptions. One of them was the retirement savings policy. At the moment, “was” is the key word due to a massive bill that creates shaky politics on Capitol Hill. Democrats are calling …

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Allstate can’t slip ERISA suit on pension plan options

By Rachel Stone (September 30, 2021, 7:31 p.m. EDT) – An Illinois federal court has ruled that Allstate Corp. was facing an ERISA lawsuit brought by a group of current and former workers who claim the insurer cost them nearly $ 70 million by keeping underperforming funds in their profit-sharing …

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African pension funds have experienced impressive growth

ON THE KAMPALA Skyline workers can see their savings soar. Pension Towers, an office complex financed by the state-run provident fund, will be one of the tallest buildings in Uganda. Work began in 2008 and was marred by fatal accidents, allegations of corruption and budget overruns. The skyscraper illustrates the …

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Courts rock the waters on bankrupt 401 (k)

What would you like to know Inherited 401 (k) may benefit from creditor protection in bankruptcy if the funds remain in the inherited account when the bankruptcy petition is filed. But the Supreme Court unanimously ruled that inherited IRAs were not “retirement funds” and therefore were not eligible for bankruptcy …

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What if Democrats end the Roth IRA backdoor strategy

House Speaker Nancy Pelosi and House Ways and Means Committee Chairman Richard Neal, D-Mass., Discuss the United States-Mexico-Canada agreement on Capitol Hill on December 10, 2019. Saul Loeb | AFP | Getty Images A few popular retirement savings techniques may soon die out as Democrats grapple with how to pay …

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New Book From Utah Authors Tells You How To Keep Your Retirement Savings

(BOSS Retirement) The baby boomer generation represents more than 70 million people in the United States, according to Statista, so it’s no wonder retirement is at the forefront of many conversations (both casual and political). Many of these people fear that they have enough retirement savings and worry about their …

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Tax Advantageous Savings and Distribution Strategies for the Fed

As the national debt reaches $ 29 trillion, it is important that federal employees and retirees understand the basics of protecting their retirement against the risk of higher future tax rates. Currently, our national debt is the highest it has ever been, both in dollars and as a percentage of …

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What happens to these assets if Medicaid is needed?

Q. I am 59 years old and my husband is 72 years old. I have a 403 (b), Roth, and traditional IRAs, cash in a checking account, life insurance, and a retirement pension. My husband is affiliated with Social Security and has a life insurance policy but has no retirement …

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Are you contributing to the correct retirement account (s)?

Putting coins in a glass jar with a retro alarm clock to save time and save money for retirement … [+] concept getty We all know we need to save for retirement, but we also have limited funds to save. With all the different tax-advantaged retirement account options available, it …

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