Last month the Supreme Court made a very significant decision – they ruled unanimously that an inherited IRA is not a “retirement account.” This means that inherited IRAs are now NOT protected in the case of bankruptcy under federal law. The unanimous decision could have far reaching ramifications depending on your specific circumstances.
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Life insurance is, without question, one of the most unique financial tools ever developed. Life insurance lets you create an estate – a reservoir of funds – to help protect and sustain your family and/or business following your death.
Four commonly overlooked expenses in retirement that could take a bite out of your nest egg if not properly planned and prepared for in advance.
Just as physical fitness can renew your vitality and increase your energy, fiscal fitness can help to invigorate your financial future. Don’t be fooled, because this too takes discipline.
Inflation is on its way up! In inflationary times, the purchasing power of your dollar goes down. This can have a negative effect on your retirement savings because the money you put away now will be worth less in the future. However, there are steps you can take to make sure your nest egg can go the distance.
If you’ve ever waded into the sea of investment opportunities, you’ve probably learned that there are as many different investment strategies out there as there are investment professionals. So how do you choose a strategy that’s right for you?
As Las Vegas quickly approaches daily 100-degree temperatures, it’s an indication that spring is gone and sumer is upon us. But there’s still time to spring clean your finances.
If every market dip puts you on edge, that could be a sign you aren’t comfortable with your current investment strategy. During this period of market uncertainty, take some time to review your investment plan, and make sure it’s in line with your long-term investing goals. These three steps can help:
The U.S. Marshals Service said Thursday it will auction roughly $18 million in bitcoins seized last fall from Silk Road, a website that was effectively the eBay of illegal drugs.
It’s the silent enemy in our retirement accounts: High fees. And now a new study finds that the typical 401(k) fees — adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker’s account over a four-decade career compared with lower-cost options.