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Take a Systematic Approach to Long-Term Investing

While market declines, corrections and downturns can be disheartening, they can also be opportunities for investors with workplace retirement plan accounts, IRAs or any long-term investment programs that use dollar-cost averaging. Dollar-cost averaging is a method of investing a fixed amount of money at regular intervals. It works the same for everyone, regardless of investment

what to do with my 401k laid off

Managing a Job Layoff

Key points Work closely with your financial advisor to establish spending priorities and determine the best options for managing retirement assets.  Apply for unemployment benefits immediately. There are strict deadlines that can’t be missed.  If possible, don’t let health insurance lapse. Without insurance, a health crisis could seriously jeopardize your financial stability.  Consider deferring debt payments