Category: Advisors

Robotics, automation will thrive under new trade tariffs 

A tariff is defined as a schedule of duties imposed by a government on imported or, in some countries, exported goods. In a world that is so interconnected, the impact...

Stressed about money? Here’s what to do about it

You should read your anxiety about money as a call to action, says certified financial planner Douglas Boneparth. “Money tends to be an emotional area of...

6 cognitive biases that can derail your portfolio

1. Overconfidence. Clients affected by this bias often overestimate the confidence level and the accuracy of their own judgment as greater than the objective accuracy of...

The lure of a 401(k) loan could mask its risks

If you don’t come up with the cash by the time your federal return is due, the loan morphs into an early distribution and is generally subject both to income taxes and...

Graduates need to focus on final paycheck, not just the first one

Drew Angerer | Getty Images Graduating students wait for the start of New York University’s commencement ceremony at Yankee Stadium, May 16, 2018 in the Bronx...

Maxed out your 401(k) plan? Here’s another way to save

Thomas M. Barwick | Getty Images Retiring baby boomers will more than double Medicare and Medicaid costs by 2020, according to industry data. Retirement savers who have...

3 overlooked ways to make your money last in retirement

The Federal Reserve rate hike of a quarter point should be good news for retirees, industry pundits say. But those experts also say you may want to hold off on...

Forgot to withdraw from your IRA? How to avoid that killer penalty

If you realize you have failed to take an RMD, prepare to come clean. “You need to ‘fess up to it as soon as it happens, because the longer it goes, the more...

4 ways women can close the retirement earnings gap

Women have clearly made enormous strides in the workplace. Unfortunately, when it comes time to retire, many women still do not have the savings they need. According to...

Solving America’s retirement security challenges

With an entire generation on the cusp of retirement, the rules governing retirement plan administration need to be modernized to make it easier for employers to offer...