Summer Mail Bag — Estate
As we close out the last weeks of the summer, my in-box is begging for responses. I will spend the next few weeks plowing through a bunch of your great …
Retirement planning
IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions
Terry Vine | Getty Images Higher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance. Currently, “catch-up contributions” allow savers …
As longevity increases, this group carries the most stress and burden
Increased longevity is challenging people to rethink the traditional three-step life path of education, work and retirement. But one age group — individuals ages 40 to 59 — is more …
Even millionaires are feeling financially insecure, report finds
Earning a good salary is one thing, feeling “rich” is another. Even doctors, lawyers and other highly paid professionals — also referred to as the “regular rich” — who benefit …
Jill On Money: College bound financial advice
Millions of families are packing up to send their kids to college. Before starting the journey, hopefully they are spending as much time on course selection as on preparing students …
Why Americans are struggling with car loans
There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 …
401(k) hardship withdrawals are rising in 2023, reports find
After falling sharply last year, retirement account balances are bouncing back in 2023 — but there are still signs of trouble. Helped in part by improved market conditions, retirement account …