You may be able to use early withdrawals from retirement accounts, without penalty, under certain circumstances. (ronmerk/morguefile.com) Q. I read your article "Tapping 401(K) if you're unemployed" about using an IRS rule called 72-t to take money out early. I'll turn 55 in February and I've been unemployed for more than a year. My unemployment ran out last year. Even though I'm a year away from 55, is there anything I can do? -- Unemployed A. Taking money from your retireme
If you've been unhappy with your employer's health plan offerings, you're not alone. But if you have a high deductible plan, your employer probably offers a chance for you to save on taxes. We're talking about health savings accounts, or HSAs. HSAs are tax-advantaged medical savings accounts used to pay for qualified medical expenses -- tax-free, says Michael Green, a certified financial planner with Wechter Feldman Wealth Management in Parsippany. "Qualified withdrawals can
Why it's dangerous to market time with your long-term investments. (svklimkin/morguefile.com) Q. With all the Trump turmoil, what international investments should I avoid? And which should I buy?
-- Looking for opportunity A. Ah yes. Something in the new cycle is making investors question what they should do now. That's a dangerous business. "I am always amused about how people work so hard to try to figure out where the market is going and they are usually so horribly wrong