401k

The SEC’s New Proposal Could Hurt Your Retirement Account

Retirement savings plans like 401(k)s and IRAs are crucial to the long-term financial well-being of millions of Americans. Mutual funds, which provide simple diversification for clients, are the most popular investment vehicle in the United States.

Despite mutual funds’ effectiveness in assisting industrious Americans in saving for retirement, the Securities and Exchange Commission (SEC) aims to significantly alter how these funds operate, leading to more significant expenses and poorer returns for investors.

Changes To Your Tax Situation That Can Yield Financial Benefits

As far as individual income tax rates are concerned, 2022 is likely to go virtually unnoticed unless a lame-duck Congress passes some hasty legislation. However, several crucial federal tax decisions are still to be made before the end of the year that may lead to cost savings, especially for investors.

How to Prepare for 2024

2022 is drawing to a close, so it’s time to prepare financially for 2023. This year was challenging for many across the nation. As the markets plummeted, households faced inflation-driven budget cuts, and savings dwindled.

6 Things to Think About When Choosing a Financial Advisor

Hiring a financial advisor is one of those watershed moments in life, a fork in the road that may shape your financial future for decades. Research suggests that those working with a financial advisor feel better at peace about their finances and may have 15% more money to spend in retirement.

5 Interesting Facts You May Not Have Known About Retirement

As a new generation of Americans enters the market and workforce, many are also gearing up to exit. While most adult Americans have a general idea about what goes into building a good foundation for retirement, there may still be a few eclectic facts that may have slipped by. We aim to illuminate some of these facts so you can handle them during your retirement planning.

Is Your Hard Earned Retirement Safe From Inflation?

In recent months, we have all felt the impact of inflation, whether in a grocery store, a petrol station, or a restaurant. However, growing costs threaten not only our ability to spend now, but also our ability to fund our retirement.

Retirement Income Strategies: Expert Tips for 401(k) Nest Egg

Globe, AZ – Retirement can be a daunting transition for many, as they move from earning an income to not earning one. And for those seeking to turn their accumulated savings into a dependable source of income, there are numerous financial strategies and products available to help navigate this new phase in life. One common concern for retirees is the fear of running out of money. As such, it is crucial to carefully plan and …

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Urgent Calls To Pass Secure 2.0 Before The End Of December

The next two weeks will be tense for backers of legislative measures to enhance the U.S. retirement system. Next week, lawmakers will return to Washington to conclude the so-called lame-duck session – the legislative time between the midterm elections and the start of the new Congress on January 3.