401 - Not OK?
The 401K is perhaps the most popular savings tool today. It comes with impressive sounding benefits such as ‘tax deferred savings’, and ‘no fee management’. Unfortunately, there are many factors you may not have realized when you signed up. Whether you currently have a 401K or are considering one, Jay Beattey’s book is a ‘must read’.
Let’s face it – in today’s world, it’s nearly impossible to live even a modest life without taking on debt from time to time. Unfortunately, modest debt has given way to overwhelming debt for many – and the impact, given the fragility of our economy in this Covid...read more
What your parents want you to know – but are too romantic to tell you! Warning: you’re not gonna like what I’m about to share with you – but you need to hear it. You may be thinking, ‘my parents – romantic?’ In this case – yes – they are. You see, this message...read more
Congress passed the CARES act shortly after the Coronavirus outbreak. One feature of the Act allows those ‘impacted by the virus’ to withdraw up to $100,000 from a qualified plan (401k, IRA, and others), without the usually 10% penalty (for those under 59-1/2)....read more
CAMBRIDGE, MASSACHUSETTS - MARCH 12: Harvard Sophomore Jordan Di Verniero, 19, sits with her belongings in front of Eliot House before returning home to Ormond Beach, Florida, for the rest of the semester on March 12, 2020 in Cambridge, Massachusetts. Students have...read more