I’m 59 with just $42,000 in my 401(k), $77,000 in student loans, and no property — after a lifetime of steady work and past ...
If you're juggling student loan payments and struggling to save for retirement, there's some good news. Thanks to a new provision under the SECURE 2.0 Act, your employer may now he ...
You can take a loan from your 401(k) plan if necessary, but it runs the risk of jeopardizing your long-term retirement goals, so make sure to consider your options carefully.
A lot of people are struggling to make ends meet given our recent bout of rampant inflation. And if you’re someone without ...
When you are 59, you are getting very close to retirement age. Fidelity says you should aim to have eight times your salary saved by 60. Although this is quite a lofty recommendation, if you only have ...
A personal loan can help you pay outstanding taxes quickly, but be sure to consider an IRS repayment plan and other ...
Thanks to recent IRS guidance under SECURE 2.0, employers can now match student loan payments in their 401(k) and 403(b) plans, providing a powerful incentive for workers to save for retirement while ...
If you're 52 years old with an $11,000 legal tab to cover — and you have an individual retirement account — you may be considering a loan from your 401(k) if your plan provide ...
Also, with a 401(k) loan, you’re paying interest to yourself, not a bank or lender. All told, if your plan allows it, a 401(k) loan can be an easy and convenient way to borrow. But that doesn ...
Rep. Ilhan Omar, a member of AOC's "Squad" of progressive lawmakers, said she doesn't own stocks or a house and still has ...