Personal Finance
Latest Personal Finance News
I Rolled Over My 401(k) With a Check. Will It Trigger a 10% Penalty?
You took a $100,000 distribution by check from your 401(k) and are now wondering if the IRS will penalize you.…
I Need $10,000 in Monthly Retirement Income. Is a $1 Million Portfolio Enough?
If you need to withdraw $10,000 each month from a $1 million portfolio, that’s a 12% annual withdrawal rate. Sustaining…
I Need $5,000 in Monthly Retirement Income. Is a $500,000 Portfolio Enough?
While $500,000 is a substantial retirement portfolio, it may not be enough to generate $5,000 in monthly income on its…
$1.4 Billion Merrill Team Prefers Complicated Clients
Team Name: Musgrave Dunn & AssociatesFirm: Merrill Wealth ManagementSenior Members: Travis Musgrave, Timothy Dunn, Valerie MarshallLocation: Lexington, KYTeam Custodied Assets:…
$1.7 Billion Wells Fargo-Affiliated Team Wants Clients To Call When They Can’t Sleep
Team Name: Merritt Point Wealth AdvisorsFirm: Wells Fargo AdvisorsSenior Members: Jason Andrews, Beth Cutler, Ross BauerLocation: Old Greenwich, CTTeam Custodied…
$770 Million UBS Team In Denver Compares CNBC To Watching Cracks In The Highway
Team Name: The Willenbrock GroupFirm: UBS Wealth ManagementSenior Members: Tad Willenbrock, Elizabeth Willenbrock, Scott AnselLocation: Denver, COTeam Custodied Assets: $770…
I’m 50 and Felt Hopelessly Behind on Retirement. Then I Ran the Real Numbers.
Turning 50 could cause you to take another look at your retirement savings. If your balance is lower than expected,…
I’m on Social Security. Do I Even Have to File a Tax Return Anymore?
If you’ve retired and receive Social Security as your main source of income, you may be unsure whether you still…
I’m 67 With $48,000 in Income. Here’s Exactly How the New $6,000 Senior Deduction Cuts My 2026 Tax Bill.
If you’re retired, every tax deduction can make a difference, especially when you’re living on a fixed income. Americans age…
I Inherited a $400k IRA. The 10-Year Rule Could Hand the IRS a Third of It Unless I Act Now
The IRS generally gives you 10 years to empty an inherited IRA, but that flexibility can work against you. Waiting…
