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Make The Most of Your 401(k) With Low-Cost Index Funds
Monday, May 4, 2015 - 4:08pm | 639Investors who participate in employer-sponsored 401(k) plans are already way ahead of most Americans. According to 2014 data from the Federal Reserve, only about half of private-sector workers are stashing away money in their employers' plans. But even the steady-Eddie savers face the often...
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The Majority Of Americans Are Not Buying Stocks
Thursday, April 9, 2015 - 11:26am | 344A recent Bankrate Money Pulse survey reports that 52 percent of Americans don’t own stocks or stock-based investments such as 401(k)s and mutual funds. The survey cited several reasons why Americans are opting not to invest, a choice which could lead to lower overall wealth and retirement...
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9 IRA FAQs: Invest In Yourself, Educate Yourself
Tuesday, January 13, 2015 - 1:12pm | 924Retirement planning is an essential part of rounding out your financial portfolio and investing in your future. While there are various methods of savings vehicles, one of the most common retirement plans is an Individual Retirement Account (IRA). IRAs are not the same as 401(k)s or other...
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3 Tips For A Year-End Tax Checkup
Friday, December 26, 2014 - 3:06pm | 632As the year comes to and end, just a few days remain for some last-minute tax moves to prep for April 15, 2015. When considering late-in-the-year moves, a few things must be kept in mind: Do not act out of haste and fear Revisit specifics in order to get the best options available Be...
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Do Retirees Need Life Insurance?
Wednesday, March 19, 2014 - 1:07pm | 1231“If you owe somebody or love somebody, the answer is ‘Yes.’” Marvin Feldman, President and CEO of nonprofit insurance education organization, Life Happens, provided that simple, all-inclusive answer to Benzinga’s question recently as part of a wide-ranging discussion on the subject of retirees...
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McDonald's 401(k) Plan Is Supersized Compared To Many
Monday, March 10, 2014 - 2:59pm | 522Despite criticism for the low wages it pays its workers, McDonald’s (NYSE: MCD) offers generous retirement options in the form of the company’s 401(k) plan. Workers who set aside one percent of their wages receive a 300 percent match from McDonald’s. The next four percent is matched 100 percent...
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Wal-Mart's $15.6 Billion Retirement Plan Said To Be Open To Bids, But Banks Remain Hesitant (WMT)
Friday, June 21, 2013 - 2:28pm | 431Wal-Mart's (NYSE: WMT) $15 billion package of 401(k) retirement accounts may be up for grabs after reports circulated that the company is considering switching the bank that holds the accounts. Currently, Bank of America (NYSE: BAC) holds the accounts but the retailer may be looking to switch...