We’ve already told you how to buy Bitcoin and other cryptocurrencies. But should you? In the video above, Coin Talk podcast hosts Aaron Lammer and Jay Caspian Kang say yes...but they have some caveats. (In further conversation, they compare buying crypto to playing video games or gambling.)
What are the fees and penalties you’ll face for withdrawing IRA funds early to buy a house? That’s the question we’re considering this week.
If you’ve committed to making contributions to your 401(k)—great! You’re ahead of a lot of people when it comes to prepping for a healthy retirement.
Right after the Tax Cuts and Jobs Act passed, I wrote about how Roth IRAs are looking better than ever thanks to lower tax rates. One downside, however, is that Roth IRAs have income limits: The amount you can contribute begins to phase out if your modified adjusted gross income is $120,000 in 2018, and you’re…
Roth IRAs offer tax-free growth and more flexible withdrawal rules than traditional retirement accounts, making them the savings product du jour for personal finance writers and bloggers. But to make the most of them, you need to know exactly what those withdrawal rules are, and they can get complicated.
One of the complications of saving for retirement via investment vehicles like a 401(k) is that it takes so long to reach a point where it seems like the market is actually working for you.
Each Monday we’re tackling one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at email@example.com.
You should always pay attention to fees and pricing of financial product, but now it’s more important than ever. Latest reminder: Wealthfront, the roboadvisor known for its low-fee, passive investing options, will soon start charging all new users a 0.25 percent advisory fee, and will auto-enroll wealthy investors…
The Fiduciary Rule is one step closer to death, and that means it’s once again A-ok for your retirement planner to scam you.
Much ink has been spilled on the relative superiority of Roth IRAs versus traditional IRAs, but let’s reexamine as the Roth—dubbed “the golden child of the retirement planning world” by NerdWallet—turns 20.
If you’ve been paying attention to corporate investing strategies the past few decades, then what companies are doing now with their extra money from the Republican tax plan is no surprise. A handful have given one-time bonuses to workers (fewer have given actual raises), but a significantly higher portion of the…
Spotify is planning to go public through a direct listing on the New York Stock Exchange in the next few weeks, and that’s piqued the interest of investors hoping it’s the next hot tech stock (a little more Netflix, a little less Snapchat). So, should you invest?
Hello friends. Friendly reminder that while our financial lives may seem like a disaster and we’re all stressed out about not having enough money, one of the few financial vehicles that actually benefits people who use it is the 401(k).
Gary Cohn aside, there is going to be another market correction (or crash) at some point, and you’ll want to be prepared when it happens.
Gary Cohn has resigned as President Donald Trump’s chief economic advisor over proposed steel and aluminum tariffs, leading to the Dow dropping 300 points Wednesday.
Investing is an important part of a healthy financial life. You want your money to grow, and, short of winning the lottery, investing is the best way to do that. But as Jonathan Clements, the editor of Humble Dollar, reminds us in his newsletter, it’s hardly the only thing that matters.
If you’re worried about your exposure to gun stocks, Morningstar has a new report about how to find out whether your funds are invested in these companies and some things you can do about it. (And read our general piece about divesting.)
Warren Buffett has made a reputation for himself as the world’s greatest investor, and he’s a big fan of index funds. Funds are basically one big investment made up of a bunch of individual ones. If you’re into lazy, set-and-forget investing, you’re familiar with them. But how do you find out exactly what’s in your…
In the aftermath of another mass shooting in America, you may wonder what you can do about the gun violence that plagues the U.S. You could donate to help the victims’ families, support organizations like Everytown for Gun Safety, make gun-safety legislation your primary issue when voting for someone, or run for…
With the market fluctuations the past week or so, there have been questions about when to rebalance your portfolio, if at all. Some say it shouldn’t interfere with your long-term plan, and to stick to once a year. Others say the time to rebalance is right after the market goes up or down by five percent or more.