As the nation prepares to inaugurate a new president with strongly different viewpoints and policy prescriptions than those who have preceded him, a number of financial rules and regulations have found themselves suddenly on the chopping block. President-elect Trump and potential members of his administration have already openly challenged last…
529... or IRA?
As a new year dawns, many of us are taking a fresh look at our household budgets, determining where and how we plan to save money over the next twelve months. During that process, we’ll inevitably face tradeoffs between various financial goals—should we pay down debt, or build up our…
(Asset) Location, Location, Location
When it comes to portfolio construction best practices, most of us are aware of the benefits of asset allocation and diversification. But with tax-deferred retirement accounts becoming an ever-larger part of the average investor’s investment portfolio, asset location has arguably become just as important as its much more famous allocation-focused…
Getting To Know Your 401(k)
In mid-December, defense contractor Lockheed Martin elected to settle an eight-year-old class-action lawsuit brought by more than 100,000 of its workers and retirees, alleging excessive fees inside the company’s 401(k) plan. While the suit was unusual in its size and scope, it was indicative of a recent trend toward greater…
