When you’re evaluating your finances, you might need an expert to guide you through the process. Here are eight reasons why you should consider hiring a financial advisor.
Cash dividends provide immediate income, while dividend reinvestment lets you take advantage of the power of compounding. Learn the pros and cons of dividend reinvestment and DRIPs.
UTMA accounts, UGMA accounts, and 529 plans are all designed to save for a child’s educational expenses—though the first two are custodial accounts that can be used for more than education. The best option depends on what you are trying to accomplish.
An UGMA account is a custodial account that is established for a minor beneficiary and funded by parents or others. All money in the account must be used for the benefit of the minor beneficiary.
UTMA and UGMA accounts are custodial accounts that are used to save for the benefit of a minor beneficiary. The acronyms hail from the state laws that put these accounts in place - Uniform Transfer to Minors Act and Uniform Gifts to Minors Act. Learn how to use them.
They both provide retirement income—but you fund your 401(k)—maybe with an employer match—and your employer funds your pension. Here's how they work.
As bad as the current stock market downturn feels, it’s hardly one of the biggest market crashes in U.S. history. There are strategies to survive and thrive in whatever happens with the market.
Certificates of deposit (CDs) and Individual Retirement Accounts (IRAs) are commonly used for saving and investing. Learn how these two ways to build assets compare.
You may have wondered whether it’s possible to withdraw money from your 401(k) without a penalty before age 59 1/2. You can if the rule of 55 applies to you. Here’s how.
An annuity is a contract between an insurance provider and an investor that can help you save for retirement and supplement your 401(k) or IRA disbursements.
Internal Revenue Code Section 72(t) allows you to take early withdrawals from your retirement account without paying a penalty by using a substantially equal periodic payments (SEPP) plan. Here’s what you need to know.
Real estate can be a lucrative investment, whether you invest directly in properties or indirectly through REITs, REIGs, and crowdfunding. Here are six ways to invest in real estate.