It's been six months since the stock market touched a bottom in the coronavirus crash. It recovered nicely and fast. When the 2008 financial crisis started, I followed a path of overbalancing. After ...
Can 401k and IRA Contribution Limits Go Down If We Have Deflation?
The annual 401k and IRA contribution limits are adjusted for inflation each year. Due to rounding, the limits can stay the same from one year to the next when there isn't enough inflation. The ...
Who’s Leaving 401k Match On the Table?
The standard answer for how to get started in saving for retirement is to get the 401k match. It's often said to be a 100% return. Although the match isn't necessarily dollar-for-dollar (50 cents on ...
Fidelity Retirement Calculator Review
I went to the local Fidelity branch a couple of weeks ago to give them a filled out form for a free international wire transfer. I saw other clients being greeted and led into the offices in the back. ...
Pension Choices: Lump Sum, Single Life Or Joint & Survivor
Note from the Editor: This is a guest post from long-time reader Horton. As an actuary, he's the real pro in crunching numbers! *** While corporate pension plans are on target to follow the way of ...
Retiring Early: Effect On Social Security Benefits
Social Security has a flat 6.2% tax rate, up to the maximum wages covered by Social Security ($132,900 in 2019). Social Security benefits bear some positive relationship with your covered wages and ...