Retirement

Gainbridge FastBreak Annuity 2025 Review Photo of Simon Zhen Simon Zhen Gainbridge FastBreak Annuity 2025 Review The Gainbridge FastBreak Annuity offers an intriguing option for individuals... 401(k) Contribution Limits for 2023 and 2024: Maximize Workplace Retirement Savings See the 401(k) contribution limits for 2023 and 2024 so that you can plan and maximize tax-advantaged, workplace retirement savings. Roth IRA Contribution Limits for 2023 and 2024: How to Maximize Tax-Free Growth Find out how much you can contribute to a Roth IRA in 2023 and 2024, especially if you're concerned about eligibility due to high income. Solo 401(k) vs. SEP IRA: How Do You Choose if You're Self-Employed or a Small Business Owner? Photo of Lance Cothern Lance Cothern Solo 401(k) vs. SEP IRA: How Do You Choose if You're Self-Employed or a Small Business Owner? As a self-employed individual, you don’t have access to a workplace benefits... Roth IRA Withdrawal Rules: How to Avoid Penalties Photo of Lance Cothern Lance Cothern Roth IRA Withdrawal Rules: How to Avoid Penalties You've made the smart move to build retirement savings in a Roth IRA. That... Traditional IRA Withdrawal Rules: When Penalties Do and Don't Apply Learn about the rules that apply to traditional IRA withdrawals and how you can avoid penalties on early access to your money. SIMPLE 401(k): Retirement Savings for Business Owners and the Self-Employed Learn how a SIMPLE 401(k) plan can allow business owners and the self-employed to save for retirement with tax advantages. The Roth IRA 5-Year Rule: Ensure that Your Withdrawals Are Tax-Free Photo of Lance Cothern Lance Cothern The Roth IRA 5-Year Rule: Ensure that Your Withdrawals Are Tax-Free Saving for retirement helps you make sure your future self can live a comfortable... Custodial IRA: How to Open a Retirement Account for Kids Photo of Lance Cothern Lance Cothern Custodial IRA: How to Open a Retirement Account for Kids Brokerages and financial institutions generally require you to be an adult to open... 403(b) vs. Roth IRA: Which is Better for Your Retirement Savings? Compare a 403(b) plan to a Roth IRA -- both of which are popular accounts for retirement savings. Learn to choose the best option for you. Mega Backdoor Roth IRA: How It Works Step by Step Learn how a mega backdoor Roth IRA can help boost retirement savings for high-income earners and what the strategy may look like if you opt for it. How to Roll a 401(k) Into an IRA Photo of Thomas (TJ) Porter Thomas (TJ) Porter How to Roll a 401(k) Into an IRA When you leave your job, you may wonder what you should do with your old... Immediate vs. Deferred Annuity Payout Options Compared Photo of Lance Cothern Lance Cothern Immediate vs. Deferred Annuity Payout Options Compared Immediate annuities and deferred annuities are two sub-types of annuities you may... Indexed Annuities: Comparing the Pros and Cons Learn how indexed annuities work to provide retirement income that is based on the performance of stock market indices, including the pros and cons to consider. Variable Annuities: How Do They Work? Learn how variable annuities work to provide retirement income based on the performance of underlying investments and whether they make sense for you. Fixed Annuities: How Do They Work? Photo of Lance Cothern Lance Cothern Fixed Annuities: How Do They Work? People looking for a stable source of income often find themselves looking into... Pension Advance Loans: Why You Should Avoid Them Photo of Aja McClanahan Aja McClanahan Pension Advance Loans: Why You Should Avoid Them Pension advance loans are a type of debt that is collateralized by pension monies... 401(k) vs. 403(b) vs. 457 Plans: Compare Employer-Sponsored Retirement Plans Learn the differences between 401(k), 403(b), and 457 plans -- along with their pros and cons -- to help you compare these employer-sponsored retirement plans. Raised 401(k) Distribution and Loan Limits Amid Coronavirus FInd out if you should take advantage of the raised 401(k) distribution and loan limits in search of financial relief to survive the coronavirus pandemic. Profit-Sharing Plans: How Do They Work? Photo of Kathryn Tretina Kathryn Tretina Profit-Sharing Plans: How Do They Work? If you’re employed by a small business, you may be able to benefit from... Where to Put Extra Savings After You've Maxed Out Your 401(k) Photo of Thomas (TJ) Porter Thomas (TJ) Porter Where to Put Extra Savings After You've Maxed Out Your 401(k) Your 401(k) is one of the best tools you have at your disposal for retirement... Should You Contribute to an IRA When You’re Already Retired? Find out whether you should still contribute to an IRA when you‘re already retired but have “earned income.” Compare the pros and cons of this money move. 5 Ways to Get Tax-Free Income in Retirement Find out how you can get tax-free income in retirement to ensure that more money stays in your pocket during the later years of your life. Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income Photo of Lance Cothern Lance Cothern Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income When you’ve already retired and you need income, one potential source of income... Should You Max Out Your 401(k) Early in the Year? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Should You Max Out Your 401(k) Early in the Year? The 401(k) is one of the most popular retirement accounts in the United... 5 Ways to Use Your Home Equity to Fund Retirement Learn how you can turn home equity into retirement income with these different methods to use a home as a funding source. Can U.S. Expats (Americans Abroad) Contribute to IRAs or 401(k)s? Find out whether U.S. expats can qualify to contribute to IRAs or 401(k)s despite being an American living abroad -- especially when it comes to taxes. Multiple IRAs: Why You Might Consider Diversifying Tax Benefits Photo of Lance Cothern Lance Cothern Multiple IRAs: Why You Might Consider Diversifying Tax Benefits As you move along your retirement-saving journey, you may find yourself having... 702(j) Retirement Plans: Same as Life Insurance? Photo of Lance Cothern Lance Cothern 702(j) Retirement Plans: Same as Life Insurance? You may have seen sketchy sounding advertisements promoting a 702(j) retirement... Inheriting a 401(k): How to Manage the Assets Learn how to handle the inheritance of a 401(k) plan as the options may vary from case to case based on the age of the owner, the beneficiary, and taxes.
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