Viewpoints about Retirement savings
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Know the consequences of an early IRA withdrawal
Before you tap into your IRA to meet an unexpected financial need, make sure you understand the potential tax, early-withdrawal penalty, and opportunity costs.
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Consequences to consider before cashing out of your retirement plan
When leaving a job, taking your workplace retirement plan savings in cash can come with substantial costs, especially if you're under 59½. To help you make an informed decision, here’s a quick review of the particulars and how these expenses could affect your retirement nest egg.
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Social Security payments increased—why didn’t my check?
Social Security’s annual cost of living adjustment doesn’t necessarily mean your monthly check will increase. Here are four reasons your Social Security payment could be lower than you expected.
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Investing strategies for after retirement
After you retire, your investments may provide some of the income you’ll live on. Learn about the different investment strategies you’ll want to consider.
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Five questions to help decide which IRA is right for you
Thinking about including an IRA in your retirement plan? Here are five question to help decide which IRA is right for you.
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Eight things to know about joining your 401(k)
Know these items when joining a retirement plan: eligibility requirements, contribution limits, combining accounts, Roth access, matching contributions, vesting schedules, investments, and withdrawals.
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Why you should know the difference between your risk tolerance and risk capacity
Investing carries risk. Your risk tolerance is your willingness to take risk—any risk. Your risk capacity is the amount of money you can put at risk. Together, they define your risk profile, which may be a big influence on how you invest.
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IRS contribution limits for 2023—helping you save more in your 401(k)
These days, inflation is probably a consideration when trying to anticipate your income needs in retirement. Fortunately, you’ll be able to save more in your retirement accounts in 2023 than ever before, helping you meet your retirement savings goals.
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Retiring into a challenging economy
To those just entering retirement, news of inflation, market volatility, rising interest rates, and the possibility of recession can be especially alarming. Here are tips to help position your savings and investments for the risks you face today—and better prepare you to take advantage of the recovery ahead.
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Rebalancing your retirement account to help manage risk
When you join your employer’s retirement plan, you choose which funds to invest your money in. But how do you ensure your money continues to be invested the way you want? Rebalancing your account from time to time can help you stick to your investment strategy.
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