Gone are the days when someone retires from the company that launched their career. The path to retirement that existed for previous generations has changed for Millennials and Generation Xers, and this is changing how young people need to think about retirement planning. The new path forward offers more mobility, but it also comes with greater responsibility.
Personal Finance
Give Your Graduate a Roth IRA
You can’t wrap it and it won’t fit in a card, but a Roth individual retirement account (IRA) is a graduation gift that can last a lifetime. What better way to encourage your new graduate to invest than to provide a head start on retirement savings.
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On the Move
In our mobile society, it’s nice to know that you can take the money you’ve saved in your employer’s retirement plan with you if you change jobs. Or, your plan may give you the option of leaving your money where it is. Before you make a move, however, think carefully about what would be your best move.
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Switching Jobs
You’ve thought long and hard about leaving your current employer and are now ready to make the move. However, before you clear your desk and head for the door, here are a few tax tips to consider.
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