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Thursday, June 14, 2018

This week’s retirement strategies and news


June 14    
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  Personal Finance
 
The popularity of 529 savings plans has fallen, but they still provide advantages for users saving for college.
 
  How to keep on top of your personal finances in a growing economy  
  The economy is in high gear, but many report their personal finances don't necessarily mirror that progress. Here are four areas to watch.  
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  FILE - In this July 27, 2006 file photo, wind turbines stand clustered offshore in Dronten, the Netherlands.  U.S. Interior Secretary Ken Salazar will announce Wednesday, April 28, 2010, his decision whether the Cape Wind project can proceed off the   ESG funds: What you need to know about socially responsible investing
Investments in environmental, social and governance funds, known as ESG funds, are skyrocketing. How to add them to your portfolio.                              
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  Personal Finance      
  U.S. Capitol seen from left of center on a clear day.   Benefits: These retirement cut proposals threaten millions of federal workers
Recently, the White House issued a new threat to federal worker benefits. Here's a closer look at the four proposals that lawmakers might consider in the near future.                              
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  Personal Finance      
  Man and girl at a laptop with paperwork spread out in front of them   Retirement planning: Should I open an IRA for my child?
If your kids have money from an after-school or summer job, it pays to help them reap the benefits of opening a retirement account.                              
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  Personal Finance      
  Driving services like Uber are a popular side hustle.   Side hustles are changing how people plan for retirement
The gig economy offers many a way to catch up or even get ahead, but too often, our debts are getting in the way.                              
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  Personal Finance      
  Smiling older man at desk   Do I need a nest egg if I never plan to retire? Quick answer is absolutely!
You may be thinking you don't need to concern yourself with building a nest egg. But while there's nothing wrong with planning to never retire, not saving for the future is a move that could come back to haunt you at the worst possible time in your l                              
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  Personal Finance      
  Eggs with IRA, 401K, Roth written on them laying on a pile of cash..   Pete the Planner: A critical look at Roth IRAs, a financial product I've used for 20 years
The Roth IRA is the best financial product that exists today. But Roth IRAs aren’t perfect, and today I’m choosing to lean into their imperfections.                              
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  Social Security cards   Social Security: Will I not get spousal benefits because of state retirement pension?
Does a state pension block me from collecting spousal Social Security? And, when calculating when to claim benefits, does a discounted rate affect the break-even age?                              
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  Personal Finance      
  Jar of money labeled retirement.   9 legal ways to use your retirement savings early
If you qualify for one of these exceptions, you could tap your IRA, 401(k), or other retirement accounts early.                              
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  Personal Finance      
  Social Security card inserted in money.   Here's how the Social Security retirement benefit formula works
Do you know how much retirement income to expect from Social Security?                              
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  The Day In Pictures Gallery
Two women comfort each other outside Notting Hill Methodist church, on the first anniversary of the Grenfell Tower fire in London, June 14, 2018. The fire devastated the 24-story North Kensington tower block on June 14, 2017 killing 72 residents.

Two women comfort each other outside Notting Hill Methodist church, on the first anniversary of the Grenfell Tower fire in London, June 14, 2018. The fire devastated the 24-story North Kensington tower block on June 14, 2017 killing 72 residents.
 
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Americans are depressed and suicidal because something is wrong with our culture
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Val Kilmer brings Iceman to Tom Cruise's 'Top Gun: Maverick' party, reports say
 
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