All Strange Things About India and world
Good news for savers: The IRS announced yesterday that next year’s contribution limits for 401(k)s and other tax-advantaged retirement plans are being increased to account for inflation. Since it’s always…
Saving for retirement is a crucial part of everyone’s financial planning. I’ve recommended before that dividing your money into multiple accounts helps you see all your saving goals separately. A…
While it’s always challenging to lose your job, the severance package offered by your employer can soften the blow. However, before accepting a lump sum severance payment, it’s worth considering…
Planning for retirement is a critical financial goal that requires careful consideration and disciplined saving. However, life can sometimes throw unexpected financial challenges our way, leading some to consider tapping…
The 401(k)—the most common way Americans save for their retirement years—is only a little over four decades old. Established by the Revenue Act of 1978, the 401(k) became a way…
When it comes to planning your retirement, there’s often a lot of confusion. While socking money away to earn tax-deferred interest is a pretty simple concept, the wide variety of…
There’s a lot of magical thinking surrounding retirement. The rule of thumb is to target about 80% of your current income for your retirement, and while that number is a…
When you leave a company–whether or not it’s on your own terms—you might panic about what happens to your employer-sponsored retirement account. While you have a few options for handling…
Many EPFO subscribers have been contributing on threshold salary of Rs 15,000 per month. (File)New Delhi: As many as 1,20,279 persons have applied online to opt for higher pension under…
Photo: fizkes (Shutterstock) For big retirement savers, the silver lining of record-setting inflation is the record-setting cap increase for your 401(k) in 2023. But if you leave a company–whether or…