Retirement

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Behind on Your Retirement Savings?

What steps could you take to catch up?

If life has not allowed you to build substantial retirement savings, what can you do to improve your retirement prospects? Here are some suggestions.

Play catch-up. If at all possible, take advantage of the catch-up contributions the IRS allows you to make to IRAs and other retirement accounts starting

Behind on Your Retirement Savings?2021-02-23T14:03:34-08:00

Taking a Loan from Your Retirement Plan = Bad Idea

Why you should refrain from making this move.

Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that, because these loans are not only risky but injurious to your retirement planning.

A loan of this kind damages your retirement savings prospects. A 401(k), 403(b), or 457 should never be viewed like a

Taking a Loan from Your Retirement Plan = Bad Idea2021-02-23T14:03:34-08:00