Blogs
How to Find Your 401(K) Old Account & What to Do When You Find It
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...
Genius Strategies to Earn Income During Retirement
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...
How To Build Wealth In Your 20s
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...
Leveraging Your 401(k) to Improve and Repair Your Credit Score: A Comprehensive Guide
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: A Comprehensive Guide!
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...
How Can an SEP IRA Help You Save on Your Tax Bill?
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...
10 Things To Do In Retirement
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...
Thrift Savings Plan – All You Need to Know in One Place
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...
Pension vs 401(k): Which One is Better for You?
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...
Inheriting an IRA or 401(K): Everything a Beneficiary Needs to Know
An Individual’s financial future significantly depends on creating or taking part in a retirement plan. Knowing all the options for designating a beneficiary is also crucial to the planning. When picking beneficiaries for retirement benefits, one must take into...
The Mega Backdoor Roth: Everything You Need to Know!
Do you want to save money on taxes and boost your retirement savings? If yes, you’ve come to the right place. Mega backdoor Roth is the perfect tool for getting around the tax rules preventing you from accessing the benefits of a Roth account due to falling into the...
Should You Invest with Family: Pros and Cons to Consider
Most people wish for the success of their family, while others go about creating it together. With the stock market fall wiping out the savings of millions, it sounds like the perfect time to build wealth with the people you trust the most. However, running a business...