Quoted Articles

New York Giants quarterback Tyrod Taylor has quietly become a leading athlete investor in private equity and venture capital, putting money into roughly two dozen companies.

In recent years, the Roth IRA has skyrocketed in popularity with Americans looking to stash money away for retirement. In mid-2020, Roth IRAs were held by 26.3 million U.S. households, or 20.5%, according to data from the Investment Company Institute.

When you’re planning for retirement, it’s fun to contemplate all the travel, rounds of golf and restaurant meals you have ahead of you. You’ve earned it! However, many retirees don’t take into consideration the cumulative impact of federal and state income taxes on withdrawals from their nest eggs.

When you’re planning for retirement, it’s fun to contemplate all the travel, rounds of golf and restaurant meals you have ahead of you. You’ve earned it! However, many retirees don’t take into consideration the cumulative impact of federal and state income taxes on withdrawals from their nest eggs.

When you withdraw funds from your 401(k)—or “take distributions,” in IRS lingo—you begin to enjoy the income from this retirement mainstay and face its tax consequences. For most people, and with most 401(k)s, distributions are taxed as ordinary income. However, the tax burden you’ll incur varies by the type of account you have: traditional or Roth 401(k), and by how and when you withdraw funds from it.

Millennial is the name given to the generation born between 1981 and 1996, dates now clarified by the Pew Research Center, although some have seen them as starting in 1980 and being born as late as 2004. Also known as Generation Y (Gen Y), the millennial generation follows Generation X, and in terms of numbers, has edged out the Baby Boomers as the biggest generation in American history.

There are four parts of Medicare: Part A, Part B, Part C, and Part D.1 In general, the four Medicare parts cover different services, so it’s essential that you understand the options so you can pick your Medicare coverage carefully.

A 2020 survey from Schwab Retirement Plan Services found the average 401(k) participant thinks they’ll need $1.9 million to retire, a 12% increase from the previous year’s survey.1 Of course, many people in the U.S. aren’t investing enough to reach that savings goal—and the income it brings.