Five Below, Inc. (FIVE) Five Below, Inc. operates as a specialty value retailer in the United States. Aon plc (AON) Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health worldwide. Lowe’s Companies, Inc. (LOW) Lowe’s Companies, Inc., together with its subsidiaries, operates as a home improvement […]
Read MoreArdelyx, Inc. (ARDX) Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. Quanta Services, Inc. (PWR) Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries worldwide. Voya Financial, Inc. (VOYA) […]
Read MoreRestaurant Brands International Inc. (QSR) Restaurant Brands International Inc. operates as quick service restaurant company in Canada and internationally. LPL Financial Holdings Inc. (LPLA) LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United […]
Read MoreIf you don’t use the account properly, you might not save enough or could pay unnecessary fees and penalties. / Credit: Getty Images Having enough money in retirement often requires decades of careful planning, saving and investing. For many Americans, retirement planning runs through their employers via 401(k) plans. These vehicles enable employees to direct […]
Read More(Bloomberg) — The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer. Americans’ collective net worth had been climbing at a dizzying rate for the past two years, even as families and businesses contended with the ravages of Covid-19. Households piled up an extra $38.5 trillion from early 2020 […]
Read MoreDCP Midstream, LP (DCP) DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates through Logistics and Marketing, and Gathering and Processing. Aon plc (AON) Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, […]
Read MoreIf you don’t need your required minimum distributions (RMDs) from your traditional IRA for living expenses, can it be reinvested in a Roth IRA? Yes, it can—assuming you are eligible for a Roth based on your income. This is because the money to fund your IRA can come from any pool of cash you have […]
Read MoreWhen it comes to retirement, many Americans remain financially unprepared. However, there is one group that may be winning the retirement savings game. A distinct set of Millennial super savers is making serious financial sacrifices to pad their retirement accounts. The question is, is it worth it? Key Takeaways Younger generations, notably Generation Z and millennials, […]
Read MorePeople approaching retirement age with little in savings may have a bumpy road ahead. But certain steps can build a nest egg as rapidly as possible to ensure at least some money will be there for support in retirement. 1. Fully Fund Your 401(k) An employee in this age category who is offered a 401(k) […]
Read MoreExhale. That’s the advice from several financial experts across the country who said that investors shouldn’t do anything rash with their 401(k) retirement accounts amid a turbulent 2022 stock market. That turbulence was evident this week. The markets rebounded Friday after going into another tailspin the day before. That’s when a historic plunge in the […]
Read MoreAs inflation has gained traction in the last year, commentators constantly remark about how it is particularly hard on retirees who live on a “fixed income.” Please stop. Retirees do not live on fixed incomes. The 60% of households in the lower portion of the income distribution receive the bulk of their retirement income from […]
Read MoreIf you’re between 55 and 64 years old, you still have time to boost your retirement savings. Whether you plan to retire early, late, or never ever, having an adequate amount of money saved can make all the difference, both financially and psychologically. Your focus should be on building out—or catching up, if necessary. It’s never […]
Read MoreThe Internal Revenue Service (IRS) has announced that contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (TSPs), and other qualified retirement plans will rise by $1,000 for 2022, going from $19,500 to $20,500. However, contribution limits for individual retirement accounts (IRAs), whether traditional or Roth, will remain the same at $6,000. In addition, the […]
Read MoreLooking for a way to boost your retirement income? You can’t live off Social Security benefits alone. Smart retirement planning says the 4.7% Rule — not the 4% Rule — is your best shot for maximizing your retirement savings’ ability to generate income for 30 years. Who says the “4.7% Rule” tops the “4% Rule” […]
Read Morefinancial literacy is costing americans A recent study done across several different age groups throughout the country revealed a troubling finding about financial literacy among Americans. The study, which surveyed a total of 3,389 adults, showed that the average adult loses about $1,389.06 annually due to a lack of financial knowledge, including personal finance and […]
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