Category: Financial Planning

While the 401(k) plan is tied to an employer, the traditional Individual Retirement Account (IRA) can be opened by anyone. You don’t get the tax break if you make over …

The 401(k) is one of the primary vehicles Americans use to invest for retirement. But if you ask many participants how their plan works or what it invests in, you …

Remember when you were a kid and wanted something expensive? If you couldn’t get your parents to splurge on you, your options were limited. Selling lemonade on the street was …

What’s the most powerful force in the universe? A meteor? A black hole? A home run by Mike Trout? According to Albert Einstein, the answer is actually compound interest. Of …

Once every three months, investment analysts and CNBC talking heads get to celebrate earnings season, when publicly traded companies must make their quarterly conference calls to investors. During these calls, …

Roth IRAs and Roth 401(k)s are useful retirement savings vehicles that offer tax breaks on the back end. Roth 401(k)s are rare and must be set up by an employer, …

While a house can be an asset, the decision to purchase a home is both a financial and emotional one. For most Americans, a house is the single biggest purchase …

In the NBC comedy series Parks and Recreation, parks department director (and staunch libertarian) Ron Swanson is asked to explain how government works to a young girl. Obviously, taxes were …

The 401(k) plan is one of the most popular tax-advantaged retirement vehicles amongst working-class Americans. Contributions made to a 401(k) plan are tax-deferred, meaning the money goes into the account …

One of the best features added to grocery stores in the last few years has been the deli kiosk. Instead of waiting in line, you can punch your deli order …