Tag Archives: retirement planning

piggy-bank

What You Should Know About the Roth 401(k)

Determining when to pay taxes could make all the difference in your retirement nest egg

While many people save for retirement in a 401(k) plan because it lets them defer…

By Tamara E. Holmes

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retirement

5 Things to Know about Phased Retirement

Is easing into your golden years right for you?

Here’s what you need to know about phased retirement:
1) You’ll see whether your retirement savings is…

By Sheiresa Ngo

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4. Increase your savings

Don’t feel like you can save more money---or are you simply fed up with getting next to nothing on the savings you are stashing away? Maybe the best way to begin saving more money is just by getting a different savings account; online savings accounts boast rates that are sometimes five times the national average.

Use MoneyRates.com to find which banks are offering the highest interest rates on savings accounts, CDs and money market accounts.

Retirement Planning Milestones

How to plan for your golden years at each life stage

Are you prepared for retirement? If not, you have plenty of company.
The Center for Retirement…

By Sheiresa Ngo

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retirement

American Workers Still Struggling to Save for Retirement

TIAA-CREF survey shows significant savings gap

The TIAA-CREF Lifetime Income Survey found that 65% of Americans are saving 10% or less…

By Sheiresa Ngo

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3 Retirement Killers: Protect Yourself Now or Regret it Later

The odds are better than ever that you'll live long enough to regret not planning for retirement

If you haven’t started saving for retirement, you need to start today

By Alfred Edmond, Jr.

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retirement

How to Start Your Retirement Planning in an Intelligent Manner

Tips for planning for your golden years

Here’s how to make sure you’re on the right track for retirement

By Sheiresa Ngo

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Don’t Let Boomerang Kids Ruin Your Retirement

Here’s how to protect your finances from children returning to the nest.

Tips for protecting your retirement funds when you have children.

By Sheryl Nance-Nash

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If you are considering offering a retirement plan for your employees, doing so before the end of the year could provide tax benefits.  Your business might be eligible for a $500 tax credit for the first three years of your plan to help defray setup costs. In addition, any employer contributions to employee plans enjoy tax deductions, and a business owner can realize personal tax savings by contributing to a plan.

What to Do When Your Retirement Nest Egg Starts to Dwindle

Here’s how to handle financial curveballs during your golden years.

How can pre-retirees avoid or minimize the impact of an economic downturn on their retirement…

By Sheryl Nance-Nash

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(Image: Thinkstock)

Give Your New Graduate A Financial Head Start

Getting young adults on the right path with their finances is the best way to mark a rite of passage to adulthood.

Getting young adults on the right path with their finances is the best way to…

By Alfred Edmond, Jr.

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Larry Berkley

Preview B.E. Business Report: The Luxury of Time In A Tough Economy

Tourneau Exec Larry Barkley, Entrepreneur of the Week Cake Man Raven, wealth-building expert Ryan Mack and relaxing executive getaways

This week on the Black Enterprise Business Report our Power Player is Larry Barkley, senior…

By BlackEnterprise.com

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The Foy Family (Photo by Quantrell Colbert)

Slow & Steady Savings

Their portfolio is a mix of long- and short-term investments that also include domestic and…

By Aisha I. Jefferson

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Kason Davis

Too Young to Think About Retirement? Think Again!

Just ask today’s retiring boomers whose retirement plans have fallen short. Even for those with…

By LaToya M. Smith

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Earl G. Graves Sr., Chairman & Publisher, Black Enterprise

The Time to Plan Your Retirement is Now

You’re 30 years old. Do you have any idea how much money you’ll need to…

By Earl G. Graves, Sr.

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Photo by Chris Hamilton

Tackling a Prosperous Retirement

Business investments are paying off for ex-football player Tony Jones and wife Kamilla

Retired NFL offensive tackle Tony Jones and his wife, Kamilla, have heard the horror stories…

By Aisha I. Jefferson

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Earl "Butch" Graves Jr., President & CEO, Black Enterprise

Why Living in the Moment May Sabotage Your Future

I can’t fathom why so many people are content with sabotaging their retirement plans. Yet…

By Earl "Butch" Graves Jr.

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Playing Catch-Up

To reach their retirement goals, Lee and Tayo Ferguson must save more and spend less

Lee and Tayo Ferguson have all the trappings of middle-class success: two stable careers, a…

By Carolyn M. Brown

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On Their Behalf

Choose the best retirement plan for your employees

Only 18% of small business owners participate in a 401(k) or thrift plan according to…

By Renita Burns

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Retiring Rich: How to Build a Nest Egg With Your Spouse

Advice, tips and strategies you can use now to ensure a secure retirement in the future

Planning for retirement is crucial at every point of your life, and that planning changes…

By Renita Burns

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retirement

Retiring Rich: Asset Allocation 101

Advice, tips and strategies you can use now to ensure a secure retirement in the future

Asset allocation or balancing risk and reward based on your retirement timeline is important to…

By LaToya M. Smith

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Home Base: A 401(k) Option for the Self-Employed

Information and resources especially for home-based business owners

Sole proprietors and owners of owners of home-base businesses are less likely to own IRAs…

By Renita Burns

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Retiring Rich: Are You Ready for More Transparency in Your 401(k) Fees?

Advice, tips and strategies you can use now to ensure a secure retirement in the future

Beginning July 16, 2011, the Department of Labor will require plan providers to disclose fees…

By Patricia Stallworth

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Cutting Edge: When Your Employer Switches 401(k) Providers

How to figure out what it means for your portfolio

A few months ago, we received notice from our human resources department that we were…

By Renita Burns

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Money Matters: College Savings Vehicles

Sending a nephew to college

Last December, I became the primary caregiver of my late sister’s 5-year-old son. I’m currently…

By John Simons

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Seeking A Golden Retirement

Using shrewd, disciplined investing, the Smiths prepare themselves for life after work

The birth of their first child in 1984 prompted Johnny and Karen Smith to embark…

By Nicole Lewis

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