Federal employees must make some very important decisions at the time they retire. Some of these choices can have lifelong consequences and should be carefully evaluated. Unfortunately, the rules surrounding retirement can be confusing and complicated. That’s why the government and its various agencies have a responsibility to counsel federal employees as they go through […]
By now, many people already have let some 2022 resolutions slip, but any time is the right time to start making and saving more money – not just for this year, but well into the future. We talked to Philip Herzberg, a lead financial adviser at Team Hewins, who offered some great personal finance strategies […]
Sometimes, we make financial decisions we regret, like opening a new credit card. You may have opened a credit card recently, whether to snag a sign-up bonus or enjoy a more generous rewards program. But if you’re not happy with that card, or if it charges you an annual fee, you may now be looking […]
A new report from WalletHub seeks to scientifically calculate and rank the best and worst states to retire in. Coming in dead last? New Jersey. If you find yourself laughing at your Garden State neighbors from the other side of the Hudson, you may want to save your Schadenfreude – New York ranked just a […]
A lesser-known retirement savings incentive may make it easier for some Americans to set aside more money, and there’s still time to qualify for 2021. The write-off, known as the retirement savings contribution credit or saver’s credit, rewards low- and moderate-income filers at tax time for adding to their nest egg. While the tax break […]
When it comes to managing our money, we face so many stressors on a regular basis — like, dealing with a surprise car repair and medical bills, to budgeting our paychecks to keep up with inflated grocery prices. But financial anxiety is more than just worrying about how much money we have in the bank. […]
Diversity among financial planners improved in 2021 though the industry remains one that leans heavily toward white men, according to statistics issued Wednesday by the Certified Financial Planner Board of Standards. The group, which issues the certified financial planner designation, saw a pronounced uptick in female, Black and Hispanic practitioners last year. The number of […]
If you’re the type of person who checks their credit score regularly, you may notice the number fluctuates from month to month, or quarter to quarter. There are different factors that can cause your credit score to rise and fall to varying degrees. If you apply for a new loan or credit card, it will result […]
The stock market’s wild ride this week may have you questioning your retirement investing strategy. On Monday, the Dow Jones Industrial Average shed more than1,100 points before rebounding to close slightly higher. However, Tuesday’s early market activity ushered in a new triple-digit drop before the index began to bounce back midday. For 401(k) plan and […]
Taking advantage of automaticity (where you set yourself up to do things without having to think about them) is the centrepiece of plenty of positive habit forming advice. For hard-ish asks like exercising first thing in the morning or eating healthy, this might involve something annoying like wearing your gym gear to sleep the night […]
The wild swings in the stock market may have you stressed about your investments. Yet if you took a page from self-made billionaire Warren Buffett, you shouldn’t be too concerned about daily market moves. “You’ve got to be prepared when you buy a stock to have it go down 50% or more and be comfortable […]
SAN FRANCISCO — You get a loan and pay it back. How much, how quickly and how responsibly determines your credit score, but without a score it is tough to get that first loan. “A lot of people are shut out of the credit system,” says Ted Rossman of Bankrate.com, “There are 53 million people, […]
