Insurance may not provide the protection needed for assets. Other strategies include transferring ownership to an entity. Learn more in this week’s Financial Tip.
Leaving your job? Consider what you’ll do with your 401(k) carefully, as some can carry severe tax consequences. Read more in this week’s Financial Tip.
There is still time to save $5,000 ($6,000 for age 50+) for retirement for the 2011 tax year. You have until April 17th. Learn more in this week’s Financial Tip.
For those in the U.S. military, the government offers the Thrift Savings Plan, as a retirement savings vehicle. For those with more than 20 years of active duty service, the government offers between 40-50% of his pay for the rest of the veteran’s life.