Every week we post a new episode of the Mullooly Asset Podcast! EVERY WEEK! Be sure to stay up to date on every episode by clicking here. We’re talking about all things personal finance, investing, stock market, economy, and more.
Here’s what I’ve been reading this morning:
‘How to Save for Retirement: 457 vs. 403(b)’ – Casey Mullooly – Mullooly Asset Management
- The easiest way to start saving for retirement is through a work place retirement plan. Having an employer-sponsored retirement savings plan is a key factor in whether Americans save for retirement. In this post, we’re going to cover two popular types of work place retirement plans for those in the public sector, the 457 plan and the 403(b).
‘How to Avoid Individual Retirement Account Deduction Mistakes’ – Kate Dore – CNBC
- You might have heard that some IRA contributions could be tax deductible. While that is true, it’s not true for everybody. This article looks at the rules behind being able to deduct your IRA contributions.
‘Going Mental’ – Jonathan Clements – Humble Dollar
- When it comes to thinking about your finances, for some people it helps to use a little bit of “mental accounting”. Some may argue it’s not a good solution, but Jonathan writes about why it can work for people.
‘BlackRock is Adding Annuities to 401(k)’s’ – Dawn Lim – The Wall Street Journal
- There seems to be a lot changing under the hood of 401(k) plans nowadays. Between adding different types of annuities, and changing target date funds, there is plenty for investors to know. This article helps explain what’s going on.