401(k) balances are down, while hardship withdrawals are up
The average 401(k) balance fell 4% in the third quarter while withdrawals and loans rose, according to a recent report by Fidelity.
Source: cnbc.com
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Giving Tuesday: How to maximize tax deduction for charitable giving
If you're planning to donate to charity on Giving Tuesday, it can be tricky to claim a deduction on your taxes, experts say. Here are four tax-savvy options.
Source: cnbc.com
If rates have peaked, how to get the biggest bang from cash in 2024
Don't settle for meager yields on your savings.
Source: cnbc.com
Can money buy happiness? 60% of adults say yes, it costs $1.2 million
If happiness has a price tag, the average person believes it's $1.2 million, according to Empower's financial happiness report.
Source: cnbc.com
How Secure 2.0 may prompt more workers to use of a Roth 401(k)
Roth is a type of after-tax savings. Secure 2.0, a retirement law passed last year, is poised to increase adoption even more in the workplace.
Source: cnbc.com