The Better Business Bureau (BBB) has issued a fraud notice for those individuals who sell their wares on Facebook Marketplace. Users of Facebook Marketplace should be wary of scams involving Zelle, in which fraudulent purchasers attempt to acquire expensive things using the popular peer-to-peer lending app Zelle.
Today, it appears that fewer individuals prefer to discuss managing investing portfolios. In truth, for many people, “investing” means choosing which mutual funds to buy.
You may want to consider Roth IRAs if you wish to add to your 401(k) or don’t have a 401(k) and need an alternative way to save for retirement. We’ll talk about Roth IRAs, how they differ from other retirement accounts, and how you can decide if you want one.
How Social Security calculates payment is complex, and a few fundamental concepts can improve lifetime benefits for millions of Americans whose most reliable income source is the Social Security program.
According to new research, Americans who transfer money from a workplace retirement plan to an individual retirement account may be caught off guard by seemingly minor increases in fees that can significantly erode savings over time.
The number one retirement expense is Health Care. The typical 65-year-old American couple’s healthcare bills after retirement would be enormous: The Boston-based wealth management behemoth Fidelity Investments estimates the retired couple would need 315,000 to cover unpaid medical expenses throughout their lifetimes. These are expenses that Medicare will not cover.
However, you can potential lower these expenses if you do this:
The number one retirement expense is Health Care. The typical 65-year-old American couple’s healthcare bills after retirement would be enormous: The Boston-based wealth management behemoth Fidelity Investments estimates the retired couple would need $315,000 to cover unpaid medical expenses throughout their lifetimes. These are expenses that Medicare will not cover.
However , you can potential lower these expenses if you do this:
To improve Americans’ participation in retirement plans, lawmakers are looking to other countries for inspiration. Foreign governments use various carrots and stick to ensure employers offer retirement-saving plans to their workers and encourage them to participate, according to a report published by the U.S. Government Accountability Office.
One of the things they are looking at is automatic enrollment. Your employer has to enroll you in a retirement plan at the percentage rate required by the Government. If you are struggling to pay your bills, wait until next year. Your participation rate will increase yearly.
Is this an abuse of government power?