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401(k) Loan VS 401(k) Withdrawals: Which is Better?

Many people are already familiar with the 401(k) retirement savings account. This is one of the most famous retirement savings options that employees have. This is because of the comprehensive benefits and flexibility it provides to the account holder to

Difference Between a 401(k) and an IRA: Which is Best?

Saving for retirement is one of the most important aspects of life. This is because retirement life is mostly dependent on the savings that the person has made till now. So, making a proactive and effective long-term savings plan using

Pension Rights After Divorce: Is my Ex wife entitled to my pension if she remarries?

Have you recently separated from your partner and are considering your pension, or is my ex wife entitled to my pension if she remarries? But don’t panic; you need to know some important facts and information based on legal laws

Term Life Insurance and Suicidal Death: What’s Covered?

Insurance policies are meant to ensure the future well-being of one’s family in the case of passing. But many conditions are applicable in the policy, and this term can restrict the coverage from being released to the beneficiary. Suicide is

Selling a Term Life Insurance Policy is Possible?

If you have a term life insurance policy, then you must be wondering, since the cash value accumulation is not there, can I sell my term life insurance policy? Why not? If you are stuck with a term insurance policy,

Does Gambling Winnings Affect Social Security Retirement Benefits?

Retirement is a phase of life; from now onwards, you don’t have to work anymore. You can now enjoy your life and focus on things that matter most to you. At this point in life, you become eligible to receive

What Happens to My Pension If I Go on Disability?

Striking with a disability can also cause financial imbalance, with pain, months of recovery, and other factors. In this situation, questioning about what happens to my pension if I go on disability is obvious, especially if you are looking for

Can a 401(k) Loan Be Denied? | Know the Truth, Reasons, and Next Move

The 401(k) is one of the most used retirement savings plans among employees. It is because this account offers various features, and a 401(k) loan is one of its benefits. The 401(k) loan is a significant advantage of this account

Can I Retire At 55? -Know The True

Retirement at the age of 55 is an ideal time for living the rest of your life with joy and peace of mind. But with rising living costs, unbalanced economic conditions, and handling complex financial planning, the concern catches focus:

457(b) Retirement Plan: Everything You Need to Know

Everyone is doing their best to improve their own lives and those of their families, and also saving for the future to make their retirement a peaceful place to live. For this reason, many people go for retirement plans like