Personal Finance
Latest Personal Finance News
Roth 401(k) vs. After-Tax 401(k) Contributions
Contributions to Roth 401(k) accounts and after-tax contributions to regular 401(k) accounts both involve after-tax dollars, but they follow different…
HSA vs. FSA vs. HRA: Tax Benefits and Requirements
Health savings accounts (HSAs), flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) offer tax benefits. But each has its…
Can You Retire at 35 If You’ve Saved $1 Million?
The idea of retiring early with $1 million by age 35 is appealing. But, whether that is enough depends on…
Does Contributing to a 401(k) Reduce Taxable Income?
If you have a retirement account, you are probably wondering, does a 401(k) reduce taxable income? The short answer is…
How Much Should I Have in My 401(k) at Age 60?
By age 60, retirement is no longer a distant goal, it is just around the corner. For many, it begs…
I Have $1.2 Million in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67?
If you’re sitting on $1.2 million in a traditional IRA and expect to receive $2,000 per month from Social Security,…
How Much Should I Have in My 401(k) at Age 40?
By age 40, many people begin to evaluate whether their retirement savings are on track. While there’s no single benchmark…
How Much Should I Have in My 401(k) at Age 35?
You may be well into your career by age 35 but still years away from retirement, making it a common…
Why Do Financial Advisors Offer Clients Annuities?
Some financial advisors promote annuities because they offer tax deferral, guaranteed income, or principal protection. But while these features can…
Trump Tax Plan Auto Deduction
Under the One Big Beautiful Bill Act interest paid on certain car loans would become tax-deductible. If you purchased a…
