What Should I Do if My 401K Stinks?

Personal Finance

What Should I Do if My 401K Stinks?

What Should I Do if My 401K Stinks?

Q. I don’t think I have good investment choices in my 401K plan, but I’ve always saved the max. Does it make sense to save to an IRA instead and put the rest in some other kind of account where I can choose the investments? — Analyzing A. There’s a lot to consider here. If your... Read More

6 Ways to Avoid a Reverse Mortgage Scam

Mortgages

6 Ways to Avoid a Reverse Mortgage Scam

6 Ways to Avoid a Reverse Mortgage Scam

Most people work hard to get to retirement age and enjoy the perks that come along with it, including not paying a mortgage. But imagine reaching that point and then being scammed out of the value of your home. It’s actually happening with reverse mortgage schemes. What’s a Reverse Mortgage Scam? Fraudsters are using a... Read More

4 Credit Cards for People Who Don’t Like Credit Cards

Credit Cards

4 Credit Cards for People Who Don’t Like Credit Cards

4 Credit Cards for People Who Don’t Like Credit Cards

So, you don’t like credit cards. Maybe you had a bad experience with an overwhelming balance. Maybe you like the simplicity of paying with cash. While your reasons may be perfectly valid, building an excellent credit score usually comes from experience with different types of credit accounts. The good news: there is generally a credit... Read More

How to Get the Most From Your 401K

Personal Finance

How to Get the Most From Your 401K

How to Get the Most From Your 401K

Perhaps you’ve heard of 401Ks or already contribute to one, and you’re intrigued about how you can use them to fund your retirement. These employer-sponsored plans are there to help you do just that, so it’s in your best interest to take advantage of one, especially if your company offers saving incentives, like a company match. We asked... Read More

How High Can Your Student Loan Debt Go?

Students

How High Can Your Student Loan Debt Go?

How High Can Your Student Loan Debt Go?

It’s not unrealistic for a student starting college this fall to end up with more than $100,000 in student loan debt by the time they’ve earned a bachelor’s degree. The average annual tuition and fees at a private, four-year college is $32,410, according to the College Board, and that doesn’t include money to pay for... Read More

Is Your Credit Card Ready for the Holidays?

Credit Cards

Is Your Credit Card Ready for the Holidays?

Is Your Credit Card Ready for the Holidays?

Ah, September. That magical time of year when boots and open-toed shoes intermingle, mornings get crisper, people start lining up for those infernal pumpkin spice lattes and some retailers start hauling out their holiday cheer. It seems every year, some store somewhere feels the need to make the holiday shopping season just a tad bit longer. In fact, I wouldn’t... Read More

6 Ways to Foolproof Your Budget

Personal Finance

6 Ways to Foolproof Your Budget

6 Ways to Foolproof Your Budget

While most people are well aware they should exercise more, few take the steps to get started. Depressed about their bodies, they continue living in a state of poor health. And because they’re depressed, they sit home and watch Netflix instead of hitting the gym. Sadly, this same scenario plays out in some individual’s financial lives... Read More

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