Cash is an essential part of any financial and investment plan. It's important to have enough cash to serve as an emergency fund in case of unexpected personal events such as injury or illness or broader events such as an economic downturn. From an investment standpoint, cash can also serve important roles including reducing overall portfolio risk and by allowing investors to take advantage of attractive market prices.
If you are a participant in a 401K plan, it likely you are invested in a Target Date Fund or have the option to do so. But do you know what a Target Date fund is? Let’s dig in!
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The IRS has released record high contribution increase for 2023. This article details the changes.
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Do you have a long-lost retirement account left with a former employer? Learn how to identify lost retirement accounts and reclaim your money.