Tax Rules on Early Withdrawals

Are you thinking about withdrawing money from your retirement plan early? An estimated 1.5% of 401(k)s and IRAs assets leak out each year through loans, cashouts, and early withdrawals—so, you’re not alone. $26.1 trillion Total assets in retirement accounts (Source: Investment Company Institute) But how will this financial move impact your taxes and future? The […]

Retirement planning tips by age

32% Percentage of Americans on target to cover their current expenses when they retire. No matter what stage you are in life, there are tweaks available to improve your path to retirement. Whether you are just starting out or about to hit retirement, we have tips on retirement planning by age for you. This comprehensive […]

Roth IRA Vs. 529

College tuition and fees alone cost $32,088 for four years at a public university, according to the U.S. Department of Education. Go to a private university instead, and it could cost you upwards of $100,000, and that’s not even including room and board, supplies, or textbooks. $32,088 Average college tuition fees at a public university […]

donated to Hurricane Harvey relief as % of net worth

At least two major donors to the Hurricane Harvey relief effort have been criticized: Donald Trump and Ruby Rose. You probably never expected to hear these two people mentioned in the same sentence, but here’s what happened. Trump donated $1 million from his personal funds to the Hurricane Harvey relief effort. While $1 million is a […]

401(k) Contribution Limits for 2017

Most financial experts readily agree that when it comes to saving for retirement, your best bet is an employer-sponsored 401(k). If you have the opportunity to save for retirement with a 401(k) and your employer has a matching program, jump on the chance, says Doug Carey, a retirement expert and president of WealthTrace, which provides […]


If you’re leaving your job and have a 401(k) with your soon-to-be former employer, it’s often a good idea to take the account with you. You can do this by rolling over your 401(k) into an IRA. Considering how hard you’ve worked for the money, it pays to ensure that you make the best choices […]