Boost Your Retirement Savings

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Saving for retirement is a great way to lower your taxes and build a sizable nest egg. Use these tax tips to boost your retirement savings. Would you walk away from money? If you’re among the 51 million Americans who participate in a company’s 401(k) plan, you can contribute up to $19,500 in 2020. And…

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Opinion: 10 things you should know about diversification

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Picking a winner is harder than you think Holding a variety of assets reduces your portfolio’s overall level of risk. GETTY IMAGES/ISTOCKPHOTO One of the most important ways investors take care of their portfolios is by diversifying their holdings. If you’re not sure exactly what diversification is, or how to make it work for you,…

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Thinking of Taking a CARES Act Retirement Plan Withdrawal? Make Sure You Qualify

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Not everyone is allowed to remove money from a retirement plan penalty-free. Millions of Americans have been hurt financially in the course of the COVID-19 pandemic and the recession it’s spurred. It’s for this reason that the CARES Act was passed in late March. Its provisions included a direct $1,200 stimulus check, boosted unemployment benefits, and the…

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