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How Will the End of the Obama-Era MyRA Impact Retirement

On Friday the 28th of July, the Trump administration announced that they’re shutting down the Obama-era retirement program called ‘myRA’. The program was aimed at allowing mainly low-income earners, and also those who don’t have a savings program at their work a chance to save for retirement. The Treasury announced the program termination because the […]

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Will the New Fiduciary Rule Impact your Retirement?

If you haven’t heard of the new conflict of interest rule, or fiduciary rule that the Department of Labor has now enacted this week, buckle up. This new rule expands the “investment advice fiduciary” definition under the Employee Retirement Income Security Act of 1974 (ERISA). With the passing of this legislation, it will automatically elevate all […]

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We Have More Debt Now Than we Did Pre-Recession

The average American has almost the same amount of debt, or more than before the 2008 financial crisis. What type of debt is holding Americans down? The average household with credit card debt owes $16,061, up 10% from $14,546 10 years ago and $15,762 last year, according to a new analysis of Federal Reserve Bank […]

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Protecting Your Retirement from Market Turmoil

The financial collapse of 2008 seriously impacted millions of Americans retirement accounts, so much so that we’re still trying to recover. So what’s happening now, and are we doomed to repeat history? The fallout from brexit is still having an effect on markets worldwide, and China’s economic slowing is forcing other markets to beg the […]

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Will Brexit Impact Your 401K?

Global stock markets on Friday did not react well to the Brexit vote by the United Kingdom, that decided to officially part ways with the European Union. Whether you’ve been closely following the vote, or you’re are just getting up to speed, you’re probably wondering what to do with your 401K or IRA now that […]

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