Q. The lump sum pension distribution check I received from my employer is made out to me rather than to the insurance company. Will I still be able to avoid taxation on the distribution?A. YES. To avoid taxation on your distribution, you will need to roll over the funds into a 401(k...
I was happy with this option, realizing that it is a coin flip which fund will perform better over any period of time. The Vanguard Small Cap Index served as a proxy to my preferred fund, the Vanguard Small Cap Value Index (VSIAX). I prefer to hold the small cap value fund, given ...
Most people think that financial success means you have to go big — a high salary, large contributions to your retirement fund, life-changing plans. The challenge with thinking big is that it can make financial goals seem almost impossible to achieve. It’s easy to become discouraged and giv...
I needed to solve my credit card problem. I needed to get rid of my credit card problem. I needed to increase my income. I needed to devote more income to paying off my debt and building the emergency fund and getting rid of this all, all together. So while I think this could be ...
Opening a Raisin account takes minutes to complete, it's free, and all of your funds are FDIC-insured. I explain how it works, why I'm now using it to store my emergency fund and any other cash savings I have, and why I recommend everyone check it out in this review. US Bank ...
Again, since Upgrade only works with institutional investors to fund the loan, they can operate more efficiently and lower costs. This is huge money savings and I’d expect them to use that advantage to offer you cheaper loans. They have advantages when it comes to the traditional brick and...
There is so much bad publicity about this industry, I thought it made sense to get out the Pilgrim microscope and take a look at Lexington for myself. What follows is a deep dive into the world of Lexington Law to determine if they might be worth hiring if you need to repair and elev...
Macro/Frequent: Personal Capital, now Empower app which allows her to check in on their net-worth in real time. “I am a visual person & love this apps interface. Execution & Fund Research: Vanguard and Fidelity: “There are pros and cons to both, but as you accumulate more and more ...
ETFs and mutual funds are managed by investment professionals who conduct research and analysis to ensure the fund’s holdings align with the investment objective. They can provide access to a wide range of dividend-paying companies and adjust the portfolio based on market conditions, financial perfo...
More than 14 years after passage of theAffordable Care Act(ACA), I still encounter folks who are waiting longer than necessary to retire. Many of them are convinced retirement is out of reach financially until they hitMedicareeligibility at age 65. ...