There is plenty of awesome content on a weekly basis over on the Mullooly Asset Management company website. Be sure to check it out, and get a little bit more info on the firm and our philosophies.
Here’s what I’ve been reading this morning:
‘Has Your Company Suspended Its 401(k) Match?’ – Mullooly Asset Management
- COVID-19 has certainly brought some challenging times for individuals and businesses everywhere. If your company has recently suspended its 401(k) matching contribution, and you’re worried about your retirement account, this post goes over a few things you can do to gain peace of mind.
‘Can I Get Unemployment Benefits After Quitting or Refusing a Job?’ – Greg Iacurci – CNBC
- The answer to this question isn’t one-size-fits-all. Greg outlines how different states have different rules for unemployment, and how the CARES Act expanded the amount of qualifying circumstances in which you could collect unemployment.
‘There’s Got to Be a Better Way’ – Christine Benz – Morningstar
- Individuals getting started in the market for the first time is a great thing, but Christine writes about how there has to be a better way to get introduced than by picking individual stocks. Investors rarely learn the right lessons and behaviors from beginning their investing career with individual stock picks.
‘Roth 401(k) vs. 401(k): Which is the Better Option?’ – Nick Maggiulli – Of Dollars and Data
- As with the article linked above, this question is also not a one-size-fits-all situation. There is plenty of nuance that goes into the decision to use a Roth 401(k) or a traditional 401(k). Luckily for us, Nick does a great job breaking down the factors in that decision.
ENJOY!