by Tom Drake | Credit and Debt, Finance, Investing, Retirement
For many consumers, one of the biggest repository of assets is the retirement account. Even if you have a house (which is also a large asset), the 401k might be a little more accessible. When you get a 401k loan, you access relatively liquid funds, and this type of...
by Tom Drake | Retirement
One of the most important things you can do for your finances is to save for retirement. Your future is important, and saving up for retirement provides you with the opportunity to secure yourself against financial problems. When saving for retirement, one of your...
by Tom Drake | Retirement
One of the terms that one hears thrown about recently is “IRA.” But what is an IRA? And can it really help you enjoy better financial independence? The answer, for many consumers, is yes. What is an Individual Retirement Account (IRA)? IRA is the...
by Miranda | Finance, Investing, Retirement
Earlier this year, Frontline ran a special on retirement and the fees that many investors end up paying on their retirement investments. One of the points of focus was the fact that fees charged by retirement accounts can be large — and result in a reduction in...
by Miranda | Finance, Investing, Retirement
Retirement accounts have been in the news a lot recently. Recently, Frontline on PBS took a look at some of the retirement account flaws. Additionally, a new law recently went in effect requiring 401(k) plans to disclose all of their fees. The new statements are...