What rate of return should I expect on my 401(k)?

June 30, 2024 No Comments

A: We hate to drag out that old hedge-y phrase, “it depends.” But it does. Your 401(k) plan’s rate of return is directly correlated to the investment portfolio you create with your contributions. Although each 401(k) plan is different, contributions accumulating within your plan, which are diversified

What rate of return should I expect on my 401(k)?

July 7, 2024 No Comments

What to do after maxing out your Roth IRA?

June 30, 2024 No Comments

A: Congratulations on saving for retirement! In 2018, you can contribute a maximum of $5,500 (or $6,500 if you are 50 or older) to a Roth IRA. Aside from a Roth IRA, there are a number of different retirement plans and tax-deferred savings vehicles for

What to do after maxing out your Roth IRA?

July 7, 2024 No Comments

What was the first company with a $1 billion market cap?

June 30, 2024 No Comments

A: United States Steel Corportation (NYSE:X) was the world’s first company to surpass the market capitalization mark of $1 billion dollars. In the early 1900s, John Piermont Morgan wanted to do for steel what he had done in railroads. The only problem was that Andrew

What was the first company with a $1 billion market cap?

July 7, 2024 No Comments

What will happen to my SEP IRA if I leave my current employer?

June 30, 2024 No Comments

A: Because the funding vehicle for the SEP is a Traditional IRA, the same transfer and rollover rules that apply to a Traditional IRA also applies to an SEP IRA. The SEP is treated as a Traditional IRA, except that it is allowed to accept

What will happen to my SEP IRA if I leave my current employer?

July 7, 2024 No Comments

What would privatized Social Security mean for Americans?

June 30, 2024 No Comments

A: The current Social Security system in the United States operates in a pay-as-you-go framework; the Social Security taxes paid by today’s workers enter the general fund and are immediately used to pay for current claimants. Privatization would eliminate the pay-as-you-go process. Instead, each taxpayer’s

What would privatized Social Security mean for Americans?

July 7, 2024 No Comments

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