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Should I Withdraw from My IRA or 401k?

Should I Withdraw from My IRA or 401k?

by Michele Cagan | Apr 24, 2020 | Do Your Own Taxes, Personal Finance, Retirement Planning

Know This BEFORE You Pull Money from Retirement Accounts The CARES Act (aka the Coronavirus Aid, Relief, and Economic Security Act) made it easier than ever to borrow or withdraw money from your retirement accounts before retirement age. And even though most of the...
Don’t Ditch Your Retirement Portfolio! Trust Your Investment Plan.

Don’t Ditch Your Retirement Portfolio! Trust Your Investment Plan.

by Michele Cagan | Mar 9, 2020 | News, Personal Finance, Retirement Planning, Saving and Investing, You Need to Know This

The stock market is suffering, and I know you’re scared. It’s terrifying to think that half of your money disappeared overnight. But here’s what you need to remember: It didn’t. Until you actually sell the investments in your retirement accounts, you have not...
5 Ways the SECURE Act Changes Your Retirement

5 Ways the SECURE Act Changes Your Retirement

by Michele Cagan | Feb 27, 2020 | Personal Finance, Retirement Planning, You Need to Know This

If you’ve been having a hard time saving enough money for retirement, the SECURE Act could help turn that around. At the very end of 2019, the SECURE Act (Setting Every Community Up for Retirement Enhancement Act) became law. The main focus: making it easier for...
HSA: The Best Retirement Account You’re Not Using

HSA: The Best Retirement Account You’re Not Using

by Michele Cagan | Jan 7, 2020 | Personal Finance, Saving and Investing, You Need to Know This

And How to Open One Today Don’t be fooled by the name Health Savings Account (HSA)… HSAs are really retirement accounts in disguise. And if you’re eligible for an HSA, you definitely want one, because they combine all the best features of other retirement plans… and...
Avoid This Major Money Mistake…

Avoid This Major Money Mistake…

by Michele Cagan | Dec 3, 2019 | Personal Finance, You Need to Know This

My Money Mistake: Not Buying Pet Insurance Full disclosure: I live in a zoo. My home is full of dogs and cats, and I love them all. What I don’t love is the vet bills, and we have a LOT of them. I’ve always ignored pet insurance – I’m not sure why – but now I see that...
Is a Self-Directed IRA Right for Me?

Is a Self-Directed IRA Right for Me?

by Michele Cagan | Nov 30, 2019 | Personal Finance, Retirement Planning, Saving and Investing

Note: This post contains affiliate links. If you buy something through one of these links, I may receive a commission. If you’ve ever felt trapped by the investment choices in your 401(k)… if you want to invest your retirement savings in something other than the...
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