What Gen X Should Know About Retirement Retirement is just around the corner for Gen X. Here’s what they need to know. Maryalene LaPonsieJan. 9, 2025 Preparing to Retire in 2026 Managing taxes and staying ahead of inflation are among top concerns for soon-to-be retirees. ...
Rarely do we get a piece of breaking news in our arena; we instead get theoppositeof flashy reporting, with developments in financial planning happening at a glacial pace. If things do change quickly — like when the maximum annual contribution amount to your 401(k) goes up b...
Lee notes co-op boards require a significant amount of financial information from buyers, and their approval, in addition to that of the lender, is required for the sale to go through. Because of the many wrinkles that can occur with securing a mortgage or other financing, cash offers ...
Loan amounts up to $100,000 No origination fees, no early payoff fees, no late fees LightStream plants a tree for every loan Requires several years of credit history No option to pay your creditors directly Not available for student loans or business loans No option for pre-approval on web...
Uncertain economic times and the need for guaranteed income during retirement may have made you feel uneasy about investing in volatile investments like stocks and bonds. You may be considering a fixed index annuity...
In this case, the amount of cash available for distribution by the MLP would be reduced and part or all of the distributions made could be taxed entirely as dividend income. In this case a Form 1099 would be furnished rather than a Schedule K-1. Please see the MLP’s website, SEC ...
Similarly to how 401(k) contributions are automatically deducted from your paycheck and deposited in your account, these programs set aside a specific amount or percentage per check into a savings account you can access at any time. Automatic Savings Apps In today’s world, there is an...
Also, unlike a home equity loan, homeowners only have to pay interest on the amount drawn from the line. Cash-out refinance Refinancing your mortgage is when you replace your current mortgage with a new one, typically with more favorable terms. With a cash-out refinance, a portion of your...
And that $10,000 fee is not just the money today, but the greater amount it could compound into in 10 or 20 years or more. And again, you’re being assessed this fee every single year. Suddenly, those fees don’t sound so reasonable. And yet, it is not uncommon for certain mutual...
A corporate bond is backed by the corporation that issued the bond which agrees to repay the principal amount to the investors. The initial investment isn't guaranteed, however. Corporate bondholders have default risk: the risk that the company may not repay its investors. Whether the initial i...