Blogs

Setting up a college savings account is a smart move to invest in education, whether it's for yourself, a family member, or a friend. There are different ways to save for higher education, some of which offer tax benefits. The best choice depends on personal needs and...

What does vested mean? Being vested in your retirement plan means owning the employer contributions they make on your behalf. Imagine you contribute $100 and your company adds $50. If you're not fully vested, you might only own a portion of that $50 after leaving the...

Ever just sit back and ponder about that whole net worth thing being your undercover ally for a cozy retirement? It's way more than just sneaking a peek at your savings account; it's about hugging all aspects of your dough and assets. According to the Federal...

Have you changed jobs multiple times throughout your career? If so, you may have left behind a trail of old 401(k) accounts. While it's easy to forget about these accounts, they could hide significant money contributing to your retirement savings. Do you want to know...

Have you recently retired or are about to retire and wondering how you’ll earn extra money in your spare time? You might be surprised that thousands of folks like you face the same question. Just because you’re stepping away from your career and the workforce for good...

Do you want to retire or be extremely wealthy early in your life? Building wealth in your 20s is one of the simplest methods to accomplish this. Because you are constantly learning from your mistakes, your 20s are the best years to set yourself up financially with...

Having a good credit score is essential for financial success, as it plays a critical role in determining your eligibility for loans, interest rates, and even job opportunities. But did you know that your 401(k) can be a powerful tool in improving and repairing your...

What is a Contingent Beneficiary? If you have a will, policy, or trust, it's essential to name a primary heir as well as a secondary or contingent beneficiary. This is a backup plan - someone who will receive your estate if the original heir isn't able to inherit, for...

A Simplified Employee Pension or SEP plan lets small business owners make tax-free contributions toward their employees’ retirement account, but SEP IRA accounts can also offer significant tax savings on income. A Simplified Employee Pension or SEP plan lets small...

After working for 30 or 40 years, your retirement day arrives. You were busy for a long time and now, you are suddenly free. This 'free time' may sound great. But it could soon become boring. Nobody likes a lifelong vacation. That's why you should engage your brain...

Do you know that the thrift savings plan is the world's biggest retirement plan? Let's explore this popular retirement plan in greater detail. What is Thrift Savings Plan (TSP)? For those working for the federal government, there is a retirement saving and investing...

If you are thinking of starting your journey with retirement savings, choosing which retirement plan to go for is the first question you will face. There are several retirement saving accounts, among which the most famous are the pension and 401(k) plans. So, let’s...