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Few misconceptions cleared about 401(k) Retirement Plan
401K

Few misconceptions cleared about 401(k) Retirement Plan

Not all 401(k) plan participants are completely educated about their 401(k) plans and really do have a lot of misconceptions about it. So how much do you really know about your 401(k) plan? Let’s find out. The entire 401(k) account is mine when I quit the job : This is one of the biggest mistakes one could make in his/her 401(k) retirement planner.
Tips for choosing the best retirement plan
Personal Finance

Tips for choosing the best retirement plan

The 401(k), the IRA, the 403(b), the 457 Plan, the Solo 401(k), the Simple IRA, the SEP IRA everyone is familiar with or has heard of Uncle Sam’s shorthand for popular retirement plans offered to the working populace of the country. while plans can be broadly divided into Individual plans (Rollover, IRAs, myRAs, Spousal IRAs, Roth IRAs and the usual traditional IRAs), Defined/Employer-sponsored retirement plans (Thrift Savings Plans, 457(b)s, 403(b)s/TSAs, Roth 401(k)s and the usual 401(k)s), and the Self-employed retirement plans (Simple IRAs, Solo Roth IRAs/Solo 401(k)s, etc.).
Retirement planning mistakes to avoid
Personal Finance

Retirement planning mistakes to avoid

There’s more to retirement planning than just funding your 401(k) or IRA. One of the chief reasons why people engage a financial planner is to know if, and when, they can retire. Just the thought of retirement can cause anxiety and many feel overwhelmed and unprepared. Listed below are some retirement planning mistakes that one should avoid.
Tax-friendly states for retirement
Personal Finance

Tax-friendly states for retirement

One cannot escape taxes even after one retires. But there are certain states that are more tax-friendly than others. And for the individuals who are going to retire and live on a fixed income, these tax-friendly states can be a better choice. So that they can comfortably spend their money as well as enjoy their golden retirement years in peace.
An overview on retirement plans and annuities
Personal Finance

An overview on retirement plans and annuities

Retirement plans are mainly classified into two types on the basis of benefit calculation namely: Defined benefit plans This is a pension plan where a final amount is calculated based on a formula that involves the service of a person with an employer and paid to all retirees from a dedicated trust fund.
Types of classic car insurance and coverage provided
Auto Insurance

Types of classic car insurance and coverage provided

A classic car insurance usually covers your collectible vehicle for a guaranteed price that is mutually agreed by you and the auto insurance company. The value of the automobile is based on the collectible car valuation guidelines. Collectible car insurance generally has an increased value of insurance if the vehicles are very well preserved.
How to buy the best home insurance quote?
Home Insurance

How to buy the best home insurance quote?

Also known as homeowner’s insurance (abbreviated in the United states real estate industry as HOI), home insurance quotes are a type of property insurance quotes that combines various personal insurance coverages. It is usually a package policy, which means it covers both your property, liability or legal responsibility for any property damage or injury that might occur to you, your home, a family member or other people.
Best retirement calculators
Personal Finance

Best retirement calculators

Retirement calculators reflect contemporary retirement planning where people invest their income in a savings account to enjoy its benefits after retirement. When you search for retirement calculators, you will be returned with a lot of hits, and you will be confused to choose one among them. There are various organizations offering a variety of calculators for financial planning for retirement.
Classic car insurance – eligibility criteria and finding the best insurance plan
Auto Insurance

Classic car insurance – eligibility criteria and finding the best insurance plan

Classic car insurance provides coverage for your antique or vintage cars in case of an accident, damage, or theft. Many auto insurance companies require that a collectible car should not be used primarily for the daily commute. They also consider maximum annual mileage restrictions, the ceiling of which depends on the state of the car.
4 features AARP car insurance advantage plus package
AARP

4 features AARP car insurance advantage plus package

AARP car insurance is ideal for most car users as it has different plans that can provide benefits in multiple ways. The advantage plus package is one of the highest-rated of the different plans offered by the AARP. The basic AARP car insurance has a variety of benefits itself, but with the advantage plus package, you just add a new range of benefits to the existing ones.

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