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A New York Times (NYT) article recently sparked a discussion on Reddit about whether the shift from traditional pensions to 401(k) plans was a mistake. The debate captured a range of opinions ...
Let’s go over three key mistakes many savers make — and how to avoid them. 1. Mismanagement of retirement accounts. Transitioning to retirement requires a thorough review of your savings ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
5. Medicare. Some survey respondents were also unfamiliar with Medicare — and, to be fair, it can be quite confusing. If you’ve paid into Medicare for at least 10 years, Part A (hospital ...
Raymond Monsour Scurfield (born 1943) is an American professor emeritus of social work, The University of Southern Mississippi, Gulf Coast. He retired in November, 2021 from private practice (with Rivers Psychotherapy Services in Gulfport MS).
401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.
Here are the biggest mistakes you can make with your 401 (k) and how to avoid them. 1. Not making saving a habit. Not contributing enough, not contributing consistently and not increasing ...
Biography. Bill Collins was born in Sutherland, Sydney, the son of a policeman and school teacher. He was educated at Canterbury Boys' High School and the University of Sydney, where he obtained a Bachelor of Arts with Honours in Latin in 1959, a Diploma of Education in 1960 and a Master of Education in 1965.