Different market indexes track different types of investments, so be sure you use an appropriate index as a yardstick when comparing your investments to a benchmark. Here are some of the most common market indexes.
Providing retirement plan participants with general retirement plan and savings guidance monthly.
As the tax filing season approaches, the Internal Revenue Service reminds low- and moderate-income workers that they can take steps now to save for retirement and earn a special tax credit in 2016 and years ahead.
It can be challenging for a spouse who doesn’t have access to an employer’s retirement plan to save for retirement. One potential solution: opening a spousal individual retirement account (IRA).
As you start closing in on the day you’ll retire, it’s important to focus on your retirement savings and how you’ll manage them during the next stage of your life. Here are a few suggestions to help you transition from saving to spending.
Nobody can predict how long you’ll spend in retirement. But one thing is certain: You don’t want to run out of money. Consider the following when estimating how long your savings will last.
Everyone knows that exercising, eating right, and getting enough sleep are important for physical fitness. But what about getting your personal finances in shape? Read this month’s Your Retirement in Focus for more information on how saving early in your company-sponsored retirement plan can contribute to your financial fitness.
If you’re approaching retirement, it’s a good time for a few lessons on taking required minimum distributions (RMDs) from individual retirement accounts (IRAs) and 401(k) plans.
Even moderate inflation could affect your quality of life during what hopefully will be a long retirement. As you are planning your retirement finances, be sure to consider the inflation factor.
Instead of treating your 401(k)s, IRAs and personal investment accounts separately, consider coming up with a target asset allocation to apply to your overall portfolio.
Starting work with a new employer means you have some important decisions to make, like what to do with the money in your former employer’s retirement plan account? Your decision could have a big impact on your future retirement savings and your current income tax liability.