2016 was a banner year for 401(k)-related lawsuits, as employees felt the need to take legal action in order to have issues with sub-par retirement plans rectified – and, as the author of today’s article acknowledges, the issues that prompted these lawsuits are unlikely to improve under the current regime in Washington. As such, he outlines three things to look out for with 401(k) plans that can significantly impact how much money you have for your retirement – and how much money is lost to fund managers and other plan middlemen. To find out what these are, CLICK HERE.
The author of today’s article notes that Individual Retirement Accounts have become a lot more complicated in a number of critical ways since their introduction in the 1970s. As such, he provides a comprehensive overview of the internal workings of IRAs – including the various types of IRA accounts, funding options and distribution of funds. He then proceeds to outline seven strategies that can be used to help revive your IRA. To read more, CLICK HERE.
There is no end of lists purporting to identify the best cities or states in which to retire – but, for those planning on relocating to a warmer or less expensive locale in retirement, today’s article cautions there are a number of factors to consider that could lead to unexpected consequences – both financial and non-financial. The big one? Taxes – including the risk that you could end up being taxed by two states if you’re not careful. To read more, CLICK HERE.
Boeing, Lockheed Martin, and Nordstrom are among the companies that have been targets of a President Trump Twitter attack, and the share prices of the companies Trump goes after almost always drop in the immediate aftermath. But are there lasting effects? Today’s article looks at what the Wall Street Journal’s “Trump Target Index” – which tracks the post-attack performance of 12 stocks that have been the target of Trump tweets in the past year – indicates. What does this index show, and what’s the lesson for investors? CLICK HERE to find out.
While many financial firms recommend that U.S. investors have some exposure to foreign stocks, that entails exposure to the currencies of the countries in question, and the author of today’s article notes “that means in addition to the stock’s performance, your total return will include the performance of the foreign currency translated into U.S. dollars.” With a strong dollar, this has had the effect of hurting the returns of U.S. investors with foreign stock exposure. As such, the author recommends considering exchange-traded funds that hedge currency exposure, leaving investors with only the stock return. To read more, CLICK HERE.