by Deborah Goldman | Protect
The countless choices can be mind boggling while researching your retirement investing options. However, there are certain decisions that should not be either/or. Why do you need life insurance? Life insurance pays a death benefit to your beneficiaries if you should...
by EveryIncome | Retirement
Both pension plans and 401(k) plans are employer-sponsored retirement plans, but there the similarities end. The two plans have different risk levels, investment opportunities, and employee/employer contribution levels. What is a pension plan? A pension plan is...
by EveryIncome | Retirement
What is a pension? It’s a question few workers would have asked a generation ago, when pensions were the most common type of retirement plan. Today, pensions have largely been replaced by the 401(k). Only 22 percent of Americans have pension plans, with the majority...
by EveryIncome | Retirement
SIMPLE plans help small businesses provide retirement plans to their employees while also offering a way for the self-employed to take advantage of the tax benefits of employer-sponsored retirement plans. What does SIMPLE stand for? SIMPLE stands for “savings...
by EveryIncome | Retirement
When you invest in an IRA, you have two choices — a traditional vs. a Roth IRA. The two plans grow funds in much the same way, with one noticeable difference: How your contributions and withdrawals are taxed. Here’s a quick explanation of the differences: What is a...
