Step away from the 401(k)

The Wall Street Journal reported today that withdrawals from 401(k) plans are on the rise.  This, along with decreasing contributions, is not a surprise given the weakening economy and the stock market craziness we’ve seen. However, remember to think twice before taking a withdrawal from your 401(k) plan.  Not only are you cracking open your [...]

Where to park your money now

Do you have a stash of cash that you may need to access in the next 1 to 12 months?  You might want to look into a regular, old FDIC-insured savings account.  These offer safety and flexibility because they’re insured by the US government and allow you to get to your money anytime you need [...]