After looking at the differences between a 401(k) and an IRA, you might conclude that both look like good choices, and you’re not sure how you’ll narrow it down. The good news is you don’t have to choose between one or the other. If you are eligible for a 401(k) plan throug...
With a 0.89% annual management fee, Empower is more expensive than other robo-advisory services. But it claims to offer a more personalized investing strategy that can lead to a better financial outcome. So is it worth the higher fee? If you're not sure about using their investment service...
Discuss the difference between 401k and Roth IRA. Explain whether each of the following is an example of moral hazard or adverse selection: (explain why) a) Someone whose parents lived to 100 is anxious to buy a life annuity. b) People who are elig ...
Attached is a snip of the five options they gave us and what the amounts would be. Rollover to an IRA or another employer’s plan = $33,165.41 Rollover to the old employer’s 401k plan = $33,165.41 Take a pension lump-sum cash payment = $23,215.79 (minus taxes) Begin collecting...