Three RMD to-do’s before the end of the year
The end of the year is full of deadlines for your financial matters. Here are three of the most important to-do items when it comes to taking your required minimum distribution (RMD) from a retirement account. If you’re at least 70 years old and have a retirement account, you should read over this list and […]
Why you don’t need life insurance for your kids
Buying life insurance for kids is one of the big mistakes people make when it comes to their finances. Here’s the simple reason they don’t need it: they’re kids! One of the biggest reasons you buy life insurance is to replace income in case you aren’t around to produce it, especially if people you are […]
Azzad Portfolios Again Achieve ‘Top Guns’ Status from Informa Investment Solutions
Falls Church, Virginia, Nov. 20, 2018 — Azzad Asset Management announced today that three of its investment portfolios have been recognized as PSN Top Guns for time periods ending September 30, 2018. The firm’s small cap growth, small cap value, and REIT (real estate investment trust) strategies received the distinction from Informa Investment Solutions’ PSN […]
Year-end investment tips
Just what you need, right? One more time-consuming task to be taken care of between now and the end of the year. But taking a little time to make some strategic saving and investing decisions before December 31 can affect not only your long-term ability to meet your financial goals but also the amount of […]
How safe are your retirement savings in a bankruptcy?
How safe are your retirement savings in a bankruptcy? Are they at risk if you roll over a 401(k) to an IRA? In most cases, your 401(k) funds qualify for creditor protection under a federal law known as ERISA. ERISA contains a special clause that basically blocks your 401(k) money from the reach of most […]
IRA do’s and don’ts for 2019
The end of the year will be here before you know it. Consider making the following IRA tips into New Year’s resolutions and start 2019 on the right foot. NOTE: If you’re interested in starting a traditional 401(k), profit-sharing, or pension plan for year 2018, Azzad’s deadline is December 1). Check IRA and employer plan […]
Quiz: What’s your risk number?
Over the past two days, we watched markets drop as they haven’t done since February: the Dow is down 1,400 points, and the NASDAQ is near correction territory. If you’re feeling anxious about it, there’s a decent chance it can be traced to one of two things: missing context or misaligned risk appetite. CONTEXT Over […]
Pop quiz: When did the Dow last drop as much as it did today?
Short answer: Who cares? You’re not selling today, so don’t fret. Longer answer: The last time was eight months ago, but let’s put things in context. The Dow dropped by more than 800 points today — an amount that definitely catches attention. But in the grand scheme of things, it’s just a blip on the […]
Is it time for a reckoning in stocks?
Is it time for stocks to sell off? In light of the 10th anniversary of the collapse of Lehman Brothers last month, we should remember that it’s a mistake to be complacent about what could happen in markets. Extreme economic and financial events are far more likely to occur than we like to believe. But […]
Should you save for a child’s education in your name or theirs?
There are three potential drawbacks to saving money for a child’s education under his or her own name: the kiddie tax, federal financial aid rules, and control issues. First, the kiddie tax. At one time, saving money for college in a child’s name was recommended because of the tax saving opportunities that resulted when children […]
