By withdrawing the retirement money early, the politician will have to pay a 10% penalty as well as regular income taxes.
<i>Breakfast with Benjamin</i>: The billionaire investor is calling on the United States to allow China's currency to join the International Monetary Fund's basket of currencies.
Though most say it is never a good idea to take early distributions, the presidential hopeful should be in a better position than most to recover.
<i>Breakfast with Benjamin</i> Gold enjoys its best performance since January as the dollar's run takes a breather.
Put retirement savings ahead of college; if you're older, you have less room for error, and you need to take care of yourself first.
FutureAdvisor starts offering free online access to 529 plans, Coverdell Educational Savings Accounts, UTMAs and UGMAs, with hope that consumers will sign on to advice platform.
Record inflows raising concerns of a 'crowded trade'
Treasury Dept. met its deadline but significant hurdles remain to get workers signed up.
Demand evaporates as stocks rally, investors prepare for higher U.S. interest rates.
Accountants prepare clients to refile income tax returns for refund of county taxes.
<i>Breakfast with Benjamin</i>: Goldman Sachs analysts believe stocks' most recent record high could be the last for a while.
Only 30% of financial advisers are actively looking for clients under age 40, according to a new survey.
Workers forfeit an estimated $24 billion a year by not contributing enough money to their 401(k) plans to capture their employer's full match.
Even as fiduciary duty becomes a common phrase in the parlance of financial advisers, insurance agents are still offered gold watches and other incentives for annuity sales.
Employers are looking to discuss the specific needs of plan participants, which will eventually lead to solutions you can offer.
Top literary picks for when you want to improve your business or enjoy a fun beach read.
Advisers' jobs include not only helping clients reach a secure retirement but also helping them live through that retirement
Clients potentially living deeper into their 100s has planning implications advisers would be wise to start thinking about now.
Paying tax now on today's balance may be preferable to paying future tax on a much larger sum, year after year.
The platform, which can be white-labeled for advisers, powers risk profiling, account opening and digital advice, and allows advisers to input their own portfolio models.
