Stock markets around the globe were rocked on Monday as fears of the coronavirus spread. The outbreak has now spread to Europe while officials in South Korea raised its coronavirus level to the highest level following an increase in confirmed cases in the country.
Social Security benefits are designed to replace around 40% of your pre-retirement income. Unless you have a pension, any additional money you need has to come from savings. Read More
For most of your life, saving for retirement probably wasn’t a high priority. But as the years count down on your career, nerves set in and rhetorical questions start flooding your head: Have I saved enough? Did I invest too aggressively? Do I have the right kind of insurance?
The Secure Act, a federal law attached to broader spending legislation, now allows 529 plans to use funds to repay student debt.
If your employer offers a 401(k) plan, taking advantage of the potential savings this retirement account offers can have lasting benefits. These plans provide a chance to set aside funds that can be deducted from your taxes each year and build earnings over time.