Tax-free rollovers from 529 plans to Roth IRAs allowed as of 2024
[ad_1] Maskot | Maskot | Getty Images Americans who save for college in 529 plans will soon have a way to rescue unused funds while keeping their tax benefits intact.…
88% of employers offer a Roth 401(k). How to take advantage
[ad_1] Maskot | Maskot | Getty Images The ranks of employers offering a Roth savings option to 401(k) investors continue to grow, giving more workers access to its unique financial…
The fear of loss can cost investors big-time. Here’s how
[ad_1] The fear of loss is a powerful emotion for investors — and, if left unchecked, can cost them big bucks in the long term due to years of forfeiture…
Retirement savers seeking safe havens within 401(k) plans may rue it
[ad_1] Yongyuan | E+ | Getty Images Data suggests some retirement savers are seeking out safe havens within their 401(k) plans. But the move may hobble those investors in the…
Apple, Goldman Sachs introduce interest-bearing savings accounts
[ad_1] Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
The 401(k) industry launches rollover plan for old retirement accounts
[ad_1] JGI | Jamie Grill | Blend Images | Getty 401(k) plans hold a whopping $7.7 trillion in retirement savings. But cash-outs of small accounts pull billions from the system…
Pro athletes Isaiah Thomas and Dexter Fowler dish about top money tips
[ad_1] Malerapaso | Istock | Getty Images HUNTINGTON BEACH, Calif. — Professional athletes are faced with a difficult task early in their careers — learning to deal with big sums…