As you probably know, I’m a big believer in the humble 401(k) plan. Even though it’s a very basic tax shelter widely available to regular middle-class Americans, I challenge you to find something better. I’ve spent my entire professional career looking, and I have yet to find one. If you religiously max out your 401(k)...Read More

How can you argue with an act of Congress named “Setting Every Community Up for Retirement Enhancement” (SECURE)? Who wouldn’t want an enhanced retirement? The SECURE act, which recently passed the House of Representatives with a vote of 417-3, is now being debated in the Senate. And at first glance, it looks great. If passed, Americans over...Read More

Our fearless leaders in congress don’t always get it right. If fact, I’d go so far as to say they generally make a royal mess of things. But when they created the 401k plan in 1978, they created the single best tax shelter and asset protection tool in U.S. history. And importantly, they made it...Read More

The following first appeared on Kiplinger’s as 3 Things You Should Always Ask a Financial Adviser. Your choice of financial adviser might be the single most important decision you ever make, short of your spouse or maybe your doctor. While you might not be putting your life in his or her hands, per se, you’re...Read More

The following is an excerpt from How to Use Your 401k in Your 50s and 60s: If you’re like most working Americans, chances are good that you’ve had access to a workplace retirement plan such as a 401k for decades. Hopefully, you’ve been faithfully contributing over the years and, by now, you have a decent-sized, tax-deferred...Read More