The end of March 2021 marks the one-year anniversary of the stock market bottom and the end of the shortest bear market on record. Since then the U.S. stock markets have quickly reached new highs, with the Dow Jones Industrial Average (DJIA) briefly crossing 33,000 last week.
The Roth 401(k) has become an attractive investment account, with investors attracted to their qualified tax-free withdrawals and contributions which receive after-tax treatment. But like other 401(k) plans, the Roth 401(k) carries with it numerous rules that impact their ultimate tax treatment.
Losing a spouse, whether through death or divorce, can be devastating both emotionally and financially. The loss can take months or even years to adjust to since there is no way to prepare for death or divorce despite having discussed contingencies with each other or their financial professional.
Women can experience more challenges saving for retirement than men, and unfortunately, COVID-19 has added even more challenges.
Based on how long you’ve been on this planet I bet that you can easily name events in your lifetime that seemed to change the world. Where were you on 9/11? How about when Kennedy was shot? Or Pearl Harbor?
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