A 401(k) account is one of the most valuable tools for saving and planning for retirement. Many plans offer features that can help you set aside more of the money you earn for retirement and grow wealth for your financial future. If you’re able to save the maximum amount available, you should. Here are a
For National College Savings Month in September, we discuss several burning issues about these popular college savings vehicles. Assets in 529 college savings plans more than doubled in ten years, topping $370 billion at the end of 2019 according to the Federal Reserve. Interest in 529 plans has grown as students and parents fret over
August 14 is Financial Awareness Day. It’s a good time to brush up on the principles of financial planning— budgeting, managing debt, saving and investing. Being financially literate means you have the wherewithal to make financial decisions with confidence. There are many resources—web sites, magazines, books and more—that dispense financial knowledge for your learning pleasure.
It’s time to take stock of your spending habits and create a budget. Seeing the numbers in front of you can help you understand your financial situation and figure out where you can economize. Millennials face some unique financial stressors that are quite different from those that previous generations encountered. The fallout from the Great
They face a heightened retirement savings challenge. How critical is it for women to build retirement savings? At least as critical as it is for men, perhaps more so because of two factors. Women have a longer life expectancy than men. That fact alone underlines the need for comparatively greater retirement savings. One Aon Hewitt
Keeping an eye on your financial health during a divorce is essential. This article outlines some important topics to consider how divorce may affect your finances. Divorce can be a complicated and challenging process in which details are easily overlooked. Protecting your financial health during this time is crucial, and no one should enter this