Roth IRAs can be a powerful tool in your retirement plan. But if you earn too much you can’t contribute directly to them. That’s why high earners turn to Roth conversions to bypass these strict income limits on Roth contributions, especially because there is no limit to how much you

According to the latest Retirement Confidence Survey, workers who said they feel somewhat confident in their ability to afford a comfortable retirement is up from 64% in 2023 to 68% in 2024. Even though their confidence is up, 62% of workers report that preparing for retirement makes them feel stressed.

As you approach retirement, it's essential to consider one of life's most significant uncertainties: healthcare costs. And while it's impossible to predict the exact expenses you'll incur, understanding the potential impact can help you make informed financial decisions. Why is healthcare so important in retirement planning? Rising Costs: Healthcare costs

Did you know that 1 in 5 Americans have inactive 401(k)s worth thousands of dollars? Don’t let your hard-earned money go to waste! Here’s how to reclaim yours. How to find a lost 401(k): Contact your old employer’s HR department Check old 401(k) statements for account details Use look-up databases

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your

With some 95% of its activity occurring subconsciously, your brain can be quite tricky. With every spontaneous signal, our cerebral synapses expose us to countless behavioral biases, duping us into making misguided money moves long before our rational resolve kicks in. Since many of our most powerful biases are based

How to Boost your Retirement Savings For many of us, a trip to the grocery store is a constant reminder of how much inflation keeps creeping into our pocketbooks. Add taxes, market volatility, and the rising costs of healthcare and it’s no wonder so many of us are feeling anxious

One of the first decisions you’ll need to make after accepting a job offer is deciding how you’ll invest your employer plan. These plans are generally funded with pre-tax money and, in many cases, your employer will match your contributions. That’s essentially free money. But most plan providers will offer

Here is an update on some significant changes designed to help Americans save more for retirement. You may have heard of the SECURE Act 2.0, which Congress passed as part of a larger federal spending bill last week.1 This legislation builds upon the 2019 Setting Every Community Up for Retirement Enhancement