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5 Different Types of Retirement Plans You Need to Know About

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You’re probably familiar with terms like 401(k) or Roth IRA, which are types of retirement plans. You might be less sure about the particular characteristics of these accounts or how they follow specific rules laid out by the Internal Revenue Service (IRS) to protect your retirement funds. Employers can match contributions.

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4 Smart Money Moves to Plan for Financial Security

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Besides all the external factors that have essentially set them up for, well, failure (think the Great Recession and the COVID-19 pandemic), only 16% of millennials can be considered financially literate, according to George Washington University’s Global Financial Literacy Excellence Center. Trust me: I get it. The key is to start today.

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Alexa von Tobel Explains How to Teach Kids Financial Literacy in New Book Money Matters

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Now, von Tobel is helping set other parents and their children up for financial success with a new children’s book, Money Matters : A Guide to Saving, Spending, and Everything in Between , published by Rebel Girls. “I That’s not setting them up for success, von Tobel explains, since just about everybody needs to work to pay their bills.

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Preparing to Move Overseas? Read This First

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Have you decided to live the #beachlife or the #retired life or just the #offgridlife? As soon as you move abroad , you’re in charge of paying for your medical expenses, as your United States health insurance won’t let you submit any assertions, says Elena Jones, a personal finance expert at FinanceJar. Save up for the move.

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Can COVID Booster Shots Save Your Business? 

Allwork

billion California Public Employees’ Retirement System. . An internal survey my company just completed for a Fortune 500 SaaS company showed that 64 percent of respondents felt somewhat concerned about COVID in the office. By failing to take action, they are falling into the omission bias.

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During a Recession, Entrepreneurs Are in the Driver’s Seat

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Mel Robbins, international best-selling author and motivational speaker, calls attention to the recession mindset. In fact, according to an article in Republic , “Because startups and other private investments have such long time horizons—five to 10 years on average—they… typically aren’t impacted by the ups and downs of the public markets.”.

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What I Learned From Wearing the Same Outfit for 2 Weeks

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In a July 2016 profile , The New York Times wrote that President Barack Obama—who wore only blue and gray suits—daydreamed about retiring to Hawaii to “open a T-shirt shack that sold only one size (medium) and one color (white)” with Rahm Emanuel, the U.S. The human mind is well set up to form habits and routines to conserve its energy.”.

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