Inherited a 401(k)? Here’s how to minimize taxes
Inheriting a 401(k) can add a wrinkle to your financial plan from a tax perspective. Under 401(k) inheritance tax rules, any assets passed on from one person to another are taxable. The rules for […]
The 10 worst IPO failures of all time
An Initial Public Offering or IPO represents a company’s first foray into the world of publicly-traded stock. While an IPO can be highly anticipated by the company, prospective investors and the market, success isn’t always […]
Can you retire at 55? Let’s run the numbers
Can I retire at 55? It’s a question you might be asking yourself if you’re hoping to make an early exit from the workforce. While normal retirement age for most people usually means 65 or older, […]
What are lifestyle funds & should you be investing in them?
Lifestyle funds are investment funds that base their asset allocation on someone’s age, risk tolerance, and investing goals. Individuals who want to grow wealth over the long term in a relatively hands-off way might consider […]
Want to know how the economy’s doing? Pay attention to these 9 things
An economic indicator is a statistic or piece of data that offers insight into an economy. Analysts use economic indicators to gauge where an economic system is in the present moment and where it might […]
Here’s why your credit risk should matter to you
Credit risk measures the likelihood of incurring a loss if one party to a financial transaction fails to follow through on their obligations. Credit risk often comes up when in relation lending and how likely […]
Tax loss carryforward: What is it and how does it work?
A tax loss carryforward is a special tax rule that allows capital losses to be carried over from one year to another. In other words, capital losses realized in the current tax year can […]
Cyclical vs. non-cyclical stocks: What you need to know
Cyclical investing means understanding how various stock sectors react to economic changes. A cyclical stock is one that’s closely correlated to what’s happening with the economy at any given time. The performance of non-cyclical stocks, […]
Is inflation a good or bad thing for consumers?
Inflation is an economic trend in which prices for goods and services rise over time. The Federal Reserve uses different price indexes, including the Consumer Price Index, to track inflation and determine how to shape […]
What are 401(k) catch-up contributions?
Retirement savers age 50 and older get to put extra tax-advantaged money into their 401(k) accounts than the standard annual contribution limits. Those additional savings are known as “catch-up contributions.” If you have […]