Personal Finance

Ad image

Latest Personal Finance News

How to Retire Early With a 401(k): Rules and Strategies

Retiring early with a 401(k) requires understanding how to access funds before the standard retirement age without triggering heavy penalties.…

NGEC NGEC

State Tax on 401(k) Withdrawals: General Rules and Strategies

While federal taxes apply uniformly, the way states tax 401(k) withdrawals can vary widely. Some states fully tax 401(k) distributions,…

NGEC NGEC

Tax Credits for Students: Tips and Strategies

Paying for college can feel overwhelming, but smart tax planning can make a real difference. The IRS offers several education…

NGEC NGEC

Does a Roth Conversion Count as an RMD? Retirement Tax Guide

When it comes to managing retirement income, taxes can be one of your biggest – and most overlooked – expenses.…

NGEC NGEC

Can You Change Your 401(k) Contribution at Any Time?

Your 401(k) plays a key role in helping you save for retirement, but life events can affect how much you’re…

NGEC NGEC

Are Part-Time Employees Eligible for 401(k)s?

For years, many part-time workers were excluded from 401(k) participation, leaving them with fewer ways to save through an employer.…

NGEC NGEC

How to Build a Retirement Portfolio at Age 70

At age 70, retirement is no longer a distant goal—it’s your current reality. Whether you’re newly retired or reevaluating your…

NGEC NGEC

What to Do Six Months Before Retirement: Checklist

The final six months before retirement are some of the most important. During this window, you’ll want to fine-tune your…

NGEC NGEC

5 Smart Money Moves to Make With Your RMDs

Once you begin taking required minimum distributions (RMDs) at age 73, you must withdraw a set amount each year from…

NGEC NGEC

Can I Cash Out My 401(k) While Still Employed?

While some retirement plans allow in-service withdrawals, most discourage early access with penalties, taxes and missed growth potential. Before making…

NGEC NGEC