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Should I Cash Out My 401(k) to Pay Off Debt?

I'm a 33-year-old woman who's been unemployed for the past six months. So far I've been doing okay living on unemployment, but the money I put into my 401(k) is just sitting there. I'm not sure how much longer I will be unemployed, and in another...

Ask an Advisor: How Do I Create a Retirement Savings Plan?

My husband and I are in our late thirties, and we're not sure how much we should be saving for retirement. How can we estimate what we'll need and how much we should be putting aside each year to cover it? We both want to retire in our sixties. —...

What Is the Alternative Minimum Tax?

What is the alternative minimum tax, and how do I know if I owe it? The alternative minimum tax, or AMT, is an income tax levied by the U.S. government on certain individuals, corporations, estates and trusts and was intended to prevent wealthier...

What Is My Tax Bracket?

What is my tax bracket? Your tax bracket determines the rate at which your income is taxed. How much of your income is taxed depends on your state of residence and filing status, which may be as single, married filing jointly (or qualifying...

Do I Really Need a Financial Advisor?

While many people avoid working with a financial advisor because of the presumed cost, hiring a trustworthy, qualified advisor can actually be the best investment you make. Experts generally recommend seeking out an advisor prior to a major life...

Should I Get an ARM or Fixed-Rate Mortgage?

I’m finally ready to buy a house, but I’m confused about the right kind of mortgage to get. The guy I talked to at the bank said an adjustable mortgage was the way to go to save money, but I’ve heard bad things about them that make me nervous....

Can Gifting Stock Reduce My Tax Bill?

Are there tax advantages to donating stock to charities rather than cash? While donating cash to charities is most common, investors can get more bang for their charitable bucks by gifting stock instead. Either strategy can help reduce your...

Is it Too Late to Start Saving?

I’m 57 years old and wondering: Is it too late to save money for retirement? I expect to be working for another 10 years. Is that realistic? -- Maria, Trenton, NJ Unfortunately, the American dream of retiring at age 65 seems to be a thing of the...

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