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  Two factors drove the 3-4% drop of the three major U.S. equity indices. One, fears over rising interest rates. Two, a big selloff of tech shares.1,2 Closing market bid yields for the 10-year and 2-year note were barely changed from Tuesday at 3.22% and 2.88%, but those yields were respectively at levels unseen since 2011 and 2008. The perception …

Getting rich quick can be liberating, but it can also be frustrating. Sudden wealth can help you address retirement saving or college funding anxieties, and it may also give you the opportunity to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or envy. You may …

Investors would be taxed less if this idea gets the green light Recently, President Trump and Secretary of the Treasury Steven Mnuchin both voiced their support for an intriguing idea: the indexing of capital gains.1 The idea is not new; President George H.W. Bush’s administration briefly considered it in the early 1990s. It is certainly appealing, especially for wealthy investors. …

Many baby boomers are vowing to work past age 65, even into their seventies. You may be one of them, and you may realize that ambition. Keep in mind, though, that some people end up retiring prior to age 60 and not by choice. If you sense that could happen to you, think about some of the moves you could …

Two recent court rulings may make you want to double-check. How often do retirement plan sponsors check up on 401(k)s? Not as often as they should, perhaps. Employers need to be especially vigilant these days. Every plan sponsor should know about two recent court rulings. One came from the Supreme Court in 2015; another, from the U.S. District Court for …