401(k)s
Lessons From the Dotcom Bubble
If youâve been watching this yearâs tech stock rollercoaster with an odd sense of déjà vu, youâre not alone. Members of the market-watching media have noted the strong parallels between todayâs tech sector and what went down when the dot-com bubble burst back in 2000. And those similaritiesârising stock valuations, an increase in initial public […]
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How do annuities work?
How do annuities work, and are they something you should consider for your retirement planning? Learn more about annuities with Lexington Law.
10 Questions Retirees Often Get Wrong About Taxes in Retirement
You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?
What Is The Current Capital Gains Tax Rate?
Capital-gains taxes are taxes you pay on profits from selling investments, like stocks, bonds, properties, cars, or businesses. The tax isnât applied for owning these assetsâit only hits when you profit from selling them. Itâs important for beginner investors to understand several factors can affect their capital-gains tax rate: how long they hold onto an […]
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Turning 60? Ask Yourself These 4 Important Questions
Retirement is an exciting milestone, and planning becomes even more crucial once you get within a few years of saying goodbye to your career. As we turn 60 and inch closer to retirement, there are important questions to answer.
The Best Budgeting Apps for Couples to Manage Money Together
Get a joint bank account, they say. Itâll be fine, they say. So you do it. But then you discover your significant other doesnât prioritize saving as much as you do. Your partner, on the other hand, canât fathom why you consider a new outfit to be âa needâ when you have a closet full [â¦]
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Everything You Need to Know About Taxes on Investment Income
Taxes on investment income can be confusing, especially since there are several ways investment income is taxed. An investor may be familiar with capital gains taxesâthe taxes imposed when one sells an asset that has grownâbut less clear on the implications of dividends, interest, and other ways in which investments have tax implications. Certain types […]
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Taking a 401(k) Loan to Fill Income Gaps? Tips Before You Dip!
If your credit card charges 17% interest and a loan from your 401(k) charges 4.25%, you might wonder: What have I got to lose? Yes, there are downsides to borrowing from your 401(k), but sometimes it just makes sense.