Another year around the sun means another year closer to retirement. For 401(k) investors who are behind on retirement savings and for those looking to get ahead in 2021, here are 6 ways that may jumpstart retirement savings in 2021. #1 Contribute as Much to Retirement Savings as Possible The IRS has new retirement plan…
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Reality Check: Why You Need to Talk to Your Child about Paying for College School is starting around the country, which means millions of young adults will be paying for college. And college isn’t cheap. According to Fidelity Investment’s 2021 College Savings and Student Debt Study: Given the high cost of college, it’s easy to…
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401(k) Loans: Stop Using Your 401(k) as a Bank 401(k) loans are attractive because you don’t need to have good credit, you enjoy low interest rates, and you pay interest to yourself instead of a creditor. Taking a 401(k) loan may make sense in some situations, but if you don’t know what you’re getting yourself…
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The State of Retirement In America: How Do You Measure Up? Saving for retirement may be a personal endeavor, and there’s no one-size-fits-all strategy, but it’s important to understand where you measure up. Take a moment to review the stats below, see where you measure up, and discover 6 ways to save today for a…
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Anthony Lamacchia and Vice President of Finance Sarah Chaisson recently announced that all employees of Lamacchia Realty, Lamacchia Property management, Real Training and Systems and sister company Lamacchia Development will offer 401k matching for its over sixty staff members. The match will be up to a certain percentage of each employee’s salary. Lamacchia began the…
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Santa Clarita 401k Advisor offers new benefit to help employers attract talent Financial education can provide competitive edge in hiring shortage Santa Clarita, Calif. — Santa Clarita wealth management firm and 401k Advisor Vance Wealth recently announced a new benefit that may help local businesses attract and retain top talent. The added perk could give employers…
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Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike. The long-standing mayor of Miami Francis Suarez has now announced plans to take a part of his 401(k) payout in Bitcoin (BTC) just a month after he started receiving salary in BTC. Soon…
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Today Damion Lupo joins us to discuss how to diversify your 401k into cryptocurrency and real estate with eQRP. Damion Lupo’s mission is simple: to free a million people from financial bondage. His unique tool is a fusion of financial literacy and a little-known strategy called the eQRP® that allows investors to control their retirement…
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Richie Richest Analysts expect 2022 to be a hot financial year for Tesla — and that means its CEO Elon Musk could net billions of dollars in stock awards, CNN reports. His reported net worth may be sky high — according to the latest numbers, he’s still the richest person in the world — but…
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Less than half of companies (41%) let workers take immediate ownership of employer contributions to 401(k) plans and some may make their workers wait six years. This content was originally published here.
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