Retirement

Socially Responsible Investing

Socially responsible investing (SRI) is the practice of choosing stocks, bonds or mutual funds based on political, religious or social values.  This investment strategy can be hazardous to an individu…

Ten Ways to Wreck Your Retirement

Personal retirement accounts are a valuable tool in building a retirement nest egg. The recent fall in the stock market has caused some savers to cash out their savings. This is unfortunate because th…

Retirement Account Reforms: Good and Bad

Since January 2008, 401(k) account balances have dropped up to 25 percent, on average, leaving millions of workers and retirees worried about the future of their retirement savings. Congress and Presi…

To Roth or Not?

In 2006, the Roth 401(k) plan was introduced as an alternative to regular 401(k)s. Whereas contributions to regular 401(k)s are made with pretax dollars, Roth 401(k) contributions are made with after-…

401(k) Loans = Retirement Insecurity

The popularity of 401(k) plans has grown in recent years.  According to the Employee Benefits Research Institute, almost two-thirds of employers offer such plans and millions of employees now contribu…

A Wiser Way For Retirees to Donate

Charitable gift funds are more than a toy of the nearly rich. They offer a surprising advantage to retirees with ordinary incomes. Using a charitable gift fund, a retired couple can increase their giv…

Automatic 401(k)s: A Win for Workers

Congress has made it easier for workers to prepare for retirement by passing the Pension Protection Act of 2006. Most of the media coverage has focused on how the new act will affect corporate defined…

Ten Steps to Reforming Baby Boomer Retirement

As 77 million members of the Baby Boom generation begin to retire, America is about to experience one of the most dramatic economic, sociological and demographic changes in its history. The institutio…