There are many approaches to retirement income planning. One of my favorites is the bucketing approach. This is where you segregate your money into buckets or
Financial advisors traditionally have been paid under an Assets Under Management or AUM model. Essentially, you would hand over control of investing to your
The 529 College Savings Plan is an excellent way for parents to save for their child's college education. With these plans, you can use after-tax money in a 529
Required Minimum Distributions or RMDs generally are minimum amounts that a retirement plan account owner must withdraw annually starting with the year that
Working in public service is very rewarding because you can serve the public and do good for society. Examples of teachers molding students' minds, doctors
Health Savings Accounts, or HSAs, are an excellent opportunity to save and pay for healthcare costs now and in the future. However, as you might know, an HSA
403(b) and 457(b) Plans
One of the significant benefits of working for a state or local government is the option to enroll in a 457(b) plan. These plans are
Key Takeaways:
1. Maximize your TSP
2. Save in a Roth IRA
3. Have an emergency fund
4. Passive income
5. Open a brokerage account
6. Pay down debt
Be
Health Savings Accounts (HSAs) are becoming increasingly popular and are provided in many corporate healthcare plans. Also, you have Flexible Savings Accounts
Working as a teacher can be a gratifying profession. Being able to shape the minds of young students in your community can be very powerful and fulfilling. But
In many state higher education jobs, you get a choice of either enrolling in the state government pension or the 403(b) plan. This can be a tough choice for
The Alternative Minimum Tax (AMT) is often viewed with disdain for tech workers who have to pay this tax to exercise their Incentive Stock Options (ISOs). As a
