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Even though it may not be the best way to grow your money, many Americans have 401(k)s. If a recession hits, what should someone do with that money? Let’s talk about how you can recession-proof your 401(k) so you don’t have to worry about losing those savings in the event of a recession. http://bit.ly/2MY3O4A
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Tips For The Retirement Investing For 40s And 50s Age Group People
Is your current age group in the range of 40s and 50s and are you making any contribution to some retirement package of your employer? Indulging in a premature cashing of your retirement contributions is surely the dumbest idea which any responsible person who is absolutely serious about saving for his retirement years would ever dream of entertaining irrespective of others people views or suggestions.Should You Have a 401K, an IRA Or Both?
Everyone has different goals, and everyone invests differently. This is a very personal decision and one you should definitely look at all the options for before making a decision.How to Take Money Out of Your Retirement Plan and Avoid the 10% Penalty Tax
Most people know that if they take money out of an IRA before turning age 591/2, they have to pay a 10% penalty tax on the money. But did you know that there are actually some exceptions to the tax code?Roth IRA FAQs
There is always know to more about retirement account options. This article covers some of the common Roth IRA questions so you know more of the basics for these accounts.The Hidden Costs of Your 401k
Most people think that as an employee participating in their company’s 401k plan, that there are no costs to them for their account. Some of the costs are paid by the employer, but some are also paid by the employee, they just don’t ‘see the costs’ deducted from their account!
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