Senior Personal Finance Correspondent
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Nov 5, 2014

Retirement withdrawal strategies that can pay off big

NEW YORK (Reuters) – Having your own tax-deferred retirement account is a bit like having one of those self-titrating morphine buttons that hospitals use: Press it whenever you need quick relief.

But once you’re retired and able to tap your 401(k) or individual retirement account (IRA), it’s not easy to titrate your own doses of cash. Withdraw too much, and you use up your nest egg too quickly; too little, and you might unnecessarily crimp your retirement lifestyle.

Nov 5, 2014

Stern Advice-Retirement withdrawal strategies that can pay off big

NEW YORK, Nov 5 (Reuters) – Having your own tax-deferred
retirement account is a bit like having one of those
self-titrating morphine buttons that hospitals use: Press it
whenever you need quick relief.

But once you’re retired and able to tap your 401(k) or
individual retirement account (IRA), it’s not easy to titrate
your own doses of cash. Withdraw too much, and you use up your
nest egg too quickly; too little, and you might unnecessarily
crimp your retirement lifestyle.

Oct 21, 2014

The tax hit that loyal investors will take in 2014

NEW YORK (Reuters) – If you are the kind of steadfast investor who buys a mutual fund and holds it forever, prepare to pay for your loyalty next April, when you settle up your 2014 tax bill.

At the end of this year, many mutual funds are expected to distribute sizeable capital gains to shareholders who will have to pay taxes on them.

Oct 21, 2014

Stern Advice-The tax hit that loyal investors will take in 2014

NEW YORK, Oct 21 (Reuters) – If you are the kind of
steadfast investor who buys a mutual fund and holds it forever,
prepare to pay for your loyalty next April, when you settle up
your 2014 tax bill.

At the end of this year, many mutual funds are expected to
distribute sizeable capital gains to shareholders who will have
to pay taxes on them.

Oct 1, 2014

Stern Advice-Should you tap your 401(k)to buy a house?

NEW YORK, Oct 1 (Reuters) – It makes sense, given the gains
workers have seen in their retirement plans and in home prices
in recent years, that they would consider tapping their 401(k)
accounts to buy homes. And that is exactly what a growing number
of workplace savers are doing, according to a new study from
Fidelity Investments.

“Over the past year alone, more than 27,000 investors took
loans specifically for the purchase of a home,” said Fidelity,
which looked at data from workplace retirement plans it runs.

Sep 3, 2014

Stern Advice – Fall means it’s time to hit the (tax) books

NEW YORK, Sept 3 (Reuters) – When everyone else starts
loading their backpacks and shopping the back-to-school sales, I
know it is time for me to dive back into TurboTax.

That’s because fall is the perfect time to plan my approach
to the tax forms I won’t file until next April. By using the
next four months strategically, I may be able to reduce the
amount I have to pay then.

Aug 13, 2014

How to force yourself to buy low and sell high

NEW YORK (Reuters) – Investors who wish they were better at buying low and selling high actually have a tool that can force them to do just that. It’s called “rebalancing” – the practice of regularly re-allocating a portfolio so the investments in it stay in their originally intended proportions.

A 60 percent stocks-40 percent bonds portfolio will get out of kilter if you leave it alone long enough. To rebalance, you have to cut back on the portion that grew – typically the stocks – and add money to the other side.

Aug 13, 2014

Stern Advice-How to force yourself to buy low and sell high

NEW YORK, Aug 13 (Reuters) – Investors who wish they were
better at buying low and selling high actually have a tool that
can force them to do just that. It’s called “rebalancing” – the
practice of regularly re-allocating a portfolio so the
investments in it stay in their originally intended proportions.

A 60 percent stocks-40 percent bonds portfolio will get out
of kilter if you leave it alone long enough. To rebalance, you
have to cut back on the portion that grew – typically the stocks
- and add money to the other side.

Jul 30, 2014

How to buy financial advice now

NEW YORK (Reuters) – The financial advice business is changing dramatically in every aspect, from how advisers spend their time, to what they charge, to how they label and promote themselves.

The result? Further confusion for consumers who probably sought help to find clarity in the first place.

Jul 30, 2014

Stern Advice-How to buy financial advice now

NEW YORK, July 30 (Reuters) – The financial advice business
is changing dramatically in every aspect, from how advisers
spend their time, to what they charge, to how they label and
promote themselves.

The result? Further confusion for consumers who probably
sought help to find clarity in the first place.

    • About Linda

      "Linda Stern is an award-winning personal finance journalist who loves to write about how the big picture affects your pocketbook. A former contributing editor at Newsweek magazine and a long-time Reuters columnist, Stern covers everything from credit cards to retirement planning to investing. As a Washington-based correspondent, she sneaks in as much tax and economic policy as her editors will allow. She tweets at www.twitter.com/LindaStern. And when she expresses opinions, they are her own and not those of her employer."
      Joined Reuters:
      October 2010
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