What Is a 403(b) Retirement Plan – Contributions, Withdrawals & Taxes
A 403(b) retirement savings plan is a tax-advantaged way for public school and nonprofit employees to save for retirement. What is a 403(b) plan, how does it work compared to other retirement accounts, and should you participate if your employer offers one? Find out here.
Self-Directed IRA Definition – Pros & Cons, Prohibited Investments
Self-directed IRAs offer flexibility to enjoy tax benefits while investing in alternative assets such as real estate and franchises. But they come with significant restrictions and cumbersome administrative hurdles. Learn more about self-directed IRAs and their pros, cons, and limitations.
6 Best IRA Rollover Promotions to Transfer a Retirement Account
If you’re ready to roll over assets from a former employer’s 401(k) plan, you stand to extract serious value from the transaction — upward of $1,000, $2,000, even $3,000 for sizable accounts. Here are the best IRA rollover promotions available to U.S. investors right now.
Social Impact Investing – What It Is and How to Get...
Figuring out how to support social and environmental changes with your investing dollars is challenging, but there is growing interest in social impact investing. Many purposely choose to invest in companies making a positive difference. Learn what social impact investing is and how to get started.
3 Risks of Investing in the Stock Market – Volatility, Timing...
Fear of loss keeps many people from investing in financial markets, but building wealth in the stock market doesn’t have to be scary. You just need to be aware of the risks. Learn the biggest risks of investing in the stock market — volatility, timing, and overconfidence — and how to mitigate them.
M1 Finance vs. TD Ameritrade – Which Online Stock Broker Is...
Both M1 Finance and TD Ameritrade appeal to a wide range of investors, but they have clear — and, in some cases, stark — differences. Depending on your needs and preferences, you’ll likely find one or the other more compelling. Which is a better fit for you?
UGMA vs. UTMA Account – Which Is Better to Save for...
There are several ways to save for education. People often think of 529 plans when it comes to saving for college, but you can also use UTMA and UGMA accounts. Each account has different benefits and drawbacks. Before choosing, learn more about how these accounts work and what features they offer.
9 Best Investments to Make During a Recession With Volatile Markets
The outbreak of the COVID-19 pandemic in the first months of 2020 has led to a lot of U.S. market volatility. But there are still investment opportunities. Understanding what those opportunities are and how to take advantage of them can leave you poised to succeed when the economy returns to normal.
Why Emotion Is the Enemy of Investing – How to Avoid...
Your emotions can get in the way of earning strong returns on your investments. In fact, removing emotion from your investment decisions can increase your returns by up to 23% over 10 years. But to do that, you first have to know what motivates you to make emotional decisions.
Should I Cash Out My Retirement Account to Pay Off Debt?
It’s hard to get ahead when thousands of dollars in debt is diverting your money and attention from investing and building wealth. That leaves many borrowers wondering if they should raid their retirement accounts. But that can come with a lot of downsides — and there are better alternatives.
14 Best New Brokerage Account Promotions & Bonus Offers – April...
Did you know America’s top investment platforms also offer impressive new-account bonuses? Top-tier brokerage account promotions dwarf the leading bank and credit card promotions, promising thousands to new customers. That makes now the right time to consider a new brokerage firm.
Enron Scandal – Company’s History & Fraudulent Accounting Explained
Since its accounting schemes were exposed and the company collapsed in 2001, Enron’s name has become synonymous with corporate fraud and corruption. How did Enron get away with its misdeeds for so long, and how can investors avoid falling for another fraud like it? Learn more here.
