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5 Things to Know If You Hope to Retire at 62

5 Things to Know If You Hope to Retire at 62
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What Happens to Your 401(k) When You Quit a Job?

When you quit your job, you still have access to your 401(k) funds. In many cases, you can leave the money where it is or roll it over to a new retirement fund.

What High Earners Need to Know for Trump-Era Tax Expirations

In 2017, the Trump administration spearheaded a comprehensive series of tax cuts. Called the Tax Cuts and Jobs Act (TCJA), the law reduced corporate taxes by about 40% and household taxes by varying degrees for most individuals. While the corporate tax cut is permanent, most of the individual tax reductions will end in 2025 or […] The post What High Earners Need to Know for Trump-Era Tax Expirations appeared first on SmartReads by SmartAsset.

4 Reasons You Shouldn t Cash Out Your 401(k)

What happens to your 401(k) when you leave a job? Instead of draining your retirement account when you quit, consider these options to keep investing.

Interest Rate Hikes Are Paused: What That Means for Your Retirement and Savings Plans

The Federal Reserve is pressing pause on its series of interest rate hikes designed to tame inflation – for now at least. The Federal Reserve Open Market Committee announced Wednesday that it would leave the federal funds rate unchanged, forgoing … Continue reading → The post The Fed Is Pausing Its Interest Rate Hikes. What That Means for Your Retirement and Savings Plans appeared first on SmartAsset Blog.

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