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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Credit scores. If you’ve ever rented an apartment, bought a car or applied for a loan, you know what it is. It’s a score that tells lenders how financially reliable you are and how good you are at paying off your debts. But it’s so much more than that, too. There are rules to the…

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Once you hit your 60s, it’s time to figure out when you want to retire — and whether or not you can make it happen. By the age of 67, which is when people born in 1960 or later can fully retire on Social Security, you should have 10 times your final salary saved, according to…

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Americans used to retire with a monthly pension from their employer. All they had to do was cash the check every month, and a sizable chunk of their retirement income was guaranteed. Nowadays, pensions are most common for government workers. Most people instead finance retirement from some combination of Social Security and tax-advantaged accounts like…

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Retirement plan? What retirement plan? I know. It’s been pretty disheartening of late. Does that mean we’re going to stop planning? Nope. We’re moving ahead with our plan to invest in mutual funds with long-term growth potential. Still, with the pandemic causing so much grief and suffering, it’s hard to focus on financial goals. I…

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