Will the Windfall Elimination Provision crush my pension? A teacher in New Orleans asks Gregory if her pension can get crushed by the Social Security Windfall Elimination Provision. Find out how pensions are affected by the provision in this Winning at Life clip. Do you have questions for Gregory? Press the ASK GREGORY below and…

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A 401(k) retirement plan is an excellent tool to help employees save for retirement. Many employers offer a company match, which is basically extra compensation. Not only that, but you also usually get a tax break for your contributions in the year you make them. But if you’re only saving for retirement in a 401(k),…

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Nobody will fault you for front-loading your retirement contributions, but be aware of the limitations. Your employer-sponsored retirement plan — for most, it’s a 401(k) — is one of your more important tools as a retirement saver. With a 401(k), 403(b), or 457 plan, you have the opportunity to contribute current income and take advantage of tax-deferred…

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Should I use my 401k to pay off my rental property? Gregory helps a caller who is thinking about dipping into his 401k to pay off his rental property to free up some monthly income. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re…

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Mistakes when rolling over your old 401(k) can be quite costly and annoying. Sadly, these mistakes are also quite common. On a happier note, these 401(k) rollover mistakes are easy to avoid. First off, not all assets in your 401(k) can or should be rolled into an IRA. Ignoring this can cause expensive tax problems…

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Are you keeping up with your peers? by Christy Bieber Contributing to a 401(k) is a smart way to save for retirement if you have access to this type of workplace plan. And you’ll need to make sure you’re investing enough for financial security as a senior.  If you’re wondering how your contributions stack up…

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