Early champions of the most ubiquitous retirement plan in the US say it hasn"t lived up to its promise — 5 financial advisers break down where it shines and fails

YouTube screencapThe 401(k) — perhaps the most ubiquitous but frequently underutilized retirement vehicle in the US — came under fire last week in a gloomy article from The Wall Street Journal, in which .....»»

Category: topSource: businessinsiderJan 11th, 2017

India Fails to Break Deadlock on New Sales Tax

The Goods and Services Tax is supposed to simplify India's financial landscape. Indian Finance Minister Arun Jaitley’s plan to launch a new national sales tax next April got a jolt on Saturday after a two-day meeting with state officials ended w.....»»

Category: europeSource: fortuneDec 3rd, 2016

Community banks due a break early in Trump term: Hensarling

Community banks will face less red tape and be able to lend to more small businesses once Congress erases financial rules conceived after the economic downturn of 2008, a leading Republican lawmaker said on Thursday. The plan from Jeb Hensarling, chairman.....»»

Category: topSource: yahooDec 1st, 2016

ASK A FINANCIAL PLANNER: "How do I get around tax penalties if I want to retire early?"

Samantha Lee/Business Insider Certified financial planner Jeff Rose answers: My wife and I have recently made the decision to retire in 10 years. Over the next ten years, we plan to put $40,000 a year into a retirement account and withdraw 3%-4% percent a.....»»

Category: topSource: businessinsiderNov 6th, 2016

Taking an early retirement may be financially risky

You will need some luck to ensure financial success in early retirement.         You will need some luck to ensure financial success in early retirement.        .....»»

Category: topSource: usatodayOct 21st, 2017

Trump advisers say tax cut proposal won"t favor rich

President Donald Trump's top advisers say his proposed tax plan would not cut taxes disproportionately for the rich — despite an early non-partisan analysis that says it will......»»

Category: topSource: foxnewsOct 2nd, 2017

Trump advisers insist tax cut proposal won"t favor rich

President Donald Trump's top advisers say his proposed tax plan would not cut taxes disproportionately for the rich — despite an early non-partisan analysis that says it will......»»

Category: topSource: foxnewsOct 1st, 2017

McDonald"s lifts Dow; Trump tax trade fades

(Reuters) - Gains in McDonald's lifted the Dow in early afternoon trading on Thursday, while a cooling of the enthusiasm generated by President Donald Trump's tax plan pressured financial and technology stocks......»»

Category: topSource: reutersSep 28th, 2017

Finally…A Tax Plan: Financials Lead U.S. Stocks Higher

The three major stock benchmarks all rose today, with the S&P 500 hitting a record high before paring early gains as financial stocks led the day......»»

Category: blogSource: barronsSep 27th, 2017

Private equity may win in U.S. Republicans" tax plan

WASHINGTON (Reuters) - U.S. President Donald Trump's promise to close the "carried interest" tax break that benefits some of Wall Street's wealthiest financiers could be defanged if his administration proceeds with an exemption for certain firms......»»

Category: topSource: reutersSep 26th, 2017

I retired at 34, and I don"t care how much you love your job — I think everyone should plan to retire early

Mr Crazy Kicks Mr Crazy Kicks reached financial independence and retired at 34. He shares why retiring early is the best decision a person can make. For instance, your circumstances might change — and financial freedom all.....»»

Category: topSource: businessinsiderSep 24th, 2017

Lincoln National"s App Gives Easy Access to Retirement Plans

Lincoln National's (LNC) frequent product launches continue to sharpen its competitive edge. Lincoln National Corp’s LNC Retirement Plan Services business recently announced the launch of Lincoln Financial Mobile App compatibl.....»»

Category: personnelSource: nytSep 20th, 2017

Money in America: Small sacrifices early can add up to big savings later

Editor’s note: We reached out to executives who work in financial planning for their thoughts on what people should be thinking about at various life stages for wealth management. Here are comments as conveyed by Lorna Sabbia, head of retirement and.....»»

Category: topSource: bizjournalsSep 6th, 2017

IRS relaxes retirement withdrawal rules for Harvey victims

Hurricane Harvey victims in dire financial straits can take a hardship withdrawal or a loan from their employer-sponsored retirement plan, such as a 401(k), the IRS said Wednesday......»»

Category: topSource: moneycentralAug 30th, 2017

Timeline takes shape for new Yum Center financing deal

Financial advisers to the Louisville Arena Authority said Monday that they hope to hit the bond market to refinance the debt for the KFC Yum Center by October, and authority officials plan to address members of Louisville Metro Council later this week. .....»»

Category: topSource: bizjournalsJul 31st, 2017

Chris Whalen: "Gundlach Isn"t Wrong, He"s Just Early"

Chris Whalen, Chairman of Whalen Global Advisers and a very well-known financial analyst (he was one of the original forecasters of Leh.....»»

Category: blogSource: zerohedgeJul 30th, 2017

Using the "starve and stack" method to save $50,000 in 2 years could make a difference of up to $1.6 million in retirement

Columbia PicturesSetting goals for yourself is smart, as long as you have a roadmap for achieving them. This is especially true for financial goals, like eliminating debt or reaching a six-figure net worth. Devising the right plan is more of a math .....»»

Category: topSource: businessinsiderJul 25th, 2017

TPK, O-film alliance plan in limbo

A planned partnership announced early 2017 by Taiwan-based TPK Holding and China-based Shenzhen O-film Tech may not be realized due to financial issues at O-film, according to industry sources......»»

Category: topSource: digitimesJul 25th, 2017

Hunt Valley advisory firm becomes independent. Now it plans to double its assets to $4 billion

A team of financial advisers based in Hunt Valley have split off from HighTower Advisors to form their own firm and plan to double their assets under management to $4 billion over the next three years......»»

Category: topSource: bizjournalsJul 5th, 2017

SBA Gets a New Restructuring Plan

The agency is adopting guidelines to get back on track after a botched 2014 early-retirement program......»»

Category: topSource: incJun 21st, 2017

What I did on my summer vacation: 3 steps to get your retirement plan on track

Make it a priority to get your financial house in order......»»

Category: topSource: marketwatchJun 13th, 2017