5 Things To Do With Your Investments Instead of Selling
Here’s some advice that may be harder to abide by than the near-impossible mandate to stop touching your face: Don’t touch your portfolio. During the last financial crisis investors who tamed their...
View ArticleRoth vs. Traditional IRAs: What’s the difference?
If the complexity of the Roth vs. traditional IRA decision is preventing you from opening an account, just know this: There are no bad choices here. Each rewards you with tax breaks for saving for the...
View ArticleAsk Jean Chatzky: Can Our Reader Have It All?
Q: Hi Jean. I’m 55 years old and after being downsized from my previous employer of 10 years, I thankfully started a new job in June of last year. I rolled over my $225,000 401k into a LifePath Fund...
View Article7 Tax Traps to Avoid If You Inherit an IRA From Your Spouse
When you’re dealing with grief over the death of a spouse, the last thing that’s on your mind is tax law. Yet, the IRS allows only so much breathing room before taxes become an issue on an IRA you...
View ArticleAsk Jean Chatzky: Roth Backdoor Conversions
Q: I’m considering a Roth IRA conversion to take advantage of the lower amount that I’d have to pay on taxes. Is it wise to do a Roth backdoor conversion? We are in a high tax bracket. We’re thinking...
View ArticleHow Your Roth IRA Can Be Your Tax-Exempt Piggy Bank In Retirement
Not subscribed to HerMoney’s weekly newsletters yet? This is what you’re missing! Here’s a look at what we published in our “This Week In Your Wallet” newsletter, Tuesday, July 13, 2021. Subscribe...
View ArticleDon’t Let College Sticker Shock Derail Your Retirement Security
If you’re a parent who spends any time thinking about your finances, you’re probably repeating, over and over: I must save as much as I can for retirement. But I also must be able to pay for my kids’...
View ArticleGive the Gift of Educating Your Children About Money This Holiday Season
Although the COVID-19 pandemic has been a time generally characterized by uncertainty, loss, and hardship, it has also been a time of reflection, growth, and opportunity. It has offered many of us the...
View Article9 Personal Finance Hacks I Wish I’d Learned in College
When I graduated from college, I had a moderate amount of student loan debt and zero credit card debt. I felt like a budget ninja for not carrying a balance on my card, but I was clueless about the...
View ArticleHow To Navigate Retirement While Paying for College
We buy their favorite snacks, make their doctor’s appointments, schedule their summer camps, and ultimately, we want to give them the best. So naturally, when it’s time to pay for college, we want to...
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