If the idea of retirement leaves you filled with stress over money, now may be the time to take charge. Every situation is different, so be sure to speak to a qualified financial advisor about your options.
So you’ve signed up for your company’s 401(k) plan or opened an IRA for your retirement savings. Congrats! That’s a great first step. But if you haven’t made your investment choices yet, you may still be behind the curve.
We know that managing your money can sometimes make you feel like you are learning a foreign language. So we compiled a handy glossary of must-know money terms that affect all aspects of your financial life.
As the beneficiary of an inherited IRA, you have a decision to make about how and when you will begin to take distributions. Some factors that impact your options will be beyond your control. Others, however, will help determine an optimal distribution strategy.
In 2014, Americans gave more than $358 billion to charity with nearly three-quarters of that amount coming directly from individuals. And while much of these donations come in the form of direct cash gifts, more and more individuals are turning to planned giving vehicles as a way to better manage their charity.
There are lessons we could all learn about managing a portfolio-regardless of whether you’re an old pro at it or a total newbie. Take these six common mistakes that even experienced investors tend to make.