Is $1 Million Enough to Retire? A Practical Income and Longevity Analysis
Pre-retirees can take actionable steps now to strengthen their financial future. Learn essential retirement planning strategies and avoid costly mistakes.
Borrowing from Your 401(k)? One Wrong Move Could Trigger a Massive Tax Bill
Borrowing from your 401(k) may seem simple, but one mistake, like leaving your job, can trigger taxes, penalties, and long-term damage to your retirement savings. Understanding the rules before you borrow is critical.
Company Stock In Your 401(k)? Don’t Forget To Elect NUA
If you’re retiring or leaving your job and have company stock in your 401(k), understanding NUA (Net Unrealized Appreciation) could save you thousands in taxes. Many miss this valuable opportunity by rolling everything into an IRA without considering the tax implications. Our latest article breaks down how NUA works, common tax mistakes, and when choosing NUA makes sense. Learn how factors like your age, retirement timeline, and stock performance play a role. Don’t overlook this strategy if your company stock has grown significantly in value—it could make a big difference in your retirement savings.
