by Robert Sechrist | Dec 27, 2021 | financial planning, Investments, Money, Taxes
If you are age 59 1/2 or older, you can start withdrawing from your 401(k) without triggering the early withdrawal penalty.(GETTY IMAGES) New retirees need to decide what to do with the money in their company-sponsored 401(k) plan. You can generally maintain your...
by Jason Sechrist | Dec 23, 2021 | financial planning, Investments, Money
Want long-term financial security? Don’t tap into your retirement savings without a plan. Having control over when and how you use your money is a key component of stretching funds across a long retirement.(GETTY IMAGES) Saving money for retirement is only part...
by Jason Sechrist | Oct 21, 2021 | financial planning, Money, retirement
Op-ed: An ‘active wealth’ plan can maximize long-term financial success KEY POINTS When economic conditions seem at their worst and investors around you are losing their heads, the best thing to do is keep yours. Active wealth means taking disciplined action across...
by Robert Sechrist | Oct 18, 2021 | financial planning, Money, retirement
A healthy balance between planning for today and the future is more important than you might think. Thanagon Karaket / EyeEm | EyeEm | Getty Images Select’s editorial team works independently to review financial products and write articles we think our...
by Jason Sechrist | Oct 14, 2021 | financial planning, Money
Decades of tax-free earnings, for starters, plus tax-free withdrawals Younger people tend to be in a lower tax bracket now than they’ll be in retirement, which is one reason why Roth IRAs are ideal for Millennials. Roth IRAs don’t get the same upfront tax break...
by Robert Sechrist | Oct 4, 2021 | financial planning, Money, retirement
How to prioritize your financial goals Determining the best way to ensure your financial security can seem overwhelming. For James and Michelle Bethe, deciding what to do with the $200,000 they had in savings had them at a standstill. As a teacher, Michelle, 36,...
