You're leaving money on the table if you don’t use all your benefits. Tim SmartMarch 31, 2025 Building Community in Retirement Learn ways you can make social connections and try new activities in retirement. Rachel HartmanMarch 28, 2025 ...
These tax benefits give you an extra incentive to save money for the future. Open an IRA If you don't have a 401(k) plan at work, consider saving in an individual retirement account. An IRA offers similar tax breaks to a 401(k) plan but isn't tied to your job. The traditional ...
Achieving financial independence early in life clearly has its benefits. You no longer have to work a job if you don’t enjoy it, and you can spend more time doing what you’re passionate about. For Shen and Leung, that’s traveling, and for Allen, it’s writing. For you, it could ...
three of which were done part-time for my MBA. As a result, I feel like I didn't fully maximize my MBA. Further, it would have been nice to have a kid while working to take advantage of benefits.
Sallee, who had a long career as a paralegal and now works as an economic development coordinator, said the return to in-person office work was a "shock" after more than a decade away. However, she said the personal benefits of having deadlines and a routine, as well as a passion for...
Remote customer service or tech support jobs Data entry or transcription work Virtual assistant roles Passive Income Passive income streams take more time to set up, but once they’re in place, you can enjoy ongoing earnings with minimal day-to-day effort. You might consider: ...
Post-Retirement Jobs Could Cut Your Benefits.
such as remote work, or organizations allow them to select a time when they do their work. But in general, we don’t know whether remote work is keeping people on their jobs or remote work may make people realize how great it is to not be in the office. So there’s still some more...
But if you have multiple jobs that offer a 401(k), you could have one with each employer. However, the catch is that your total contributions can’t exceed the annual limit. If you’re lucky enough to have an employer that matches your contributions or pays profit sharing, the combined ...
jobs since the income from those jobs is excluded when calculating Social Security benefits. This exclusion often makes these workers appear to have lower average incomes, which would entitle them to disproportionately higher benefits. The WEP and GPO adjustments were meant to 'correct' the ...