Quick facts about the 401(k) A 401(k) is a tax-favored retirement savings account offered by employers Individuals can contribute up to $18,000 a year ($23,000 if age 50 or older) Some employers offer the choice of both a traditional 401(k) and a Roth 401(k) You can contribute to both a 401(k) and an IRA in the … Continued

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What credit scores are: Three-digit numbers expressing the likelihood you’ll repay someone who lets you use their money (like a loan or credit card). Who has a credit score: People who have been listed on an account that was reported to any of the three credit bureaus: Equifax, Experian and TransUnion. An account can be a … Continued

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Do you ever completely screw up your budget? You have a few days or weeks when you manage money perfectly and then all of a sudden you just massively blow it out of the water? This happens to everyone at least once. Even the most perfect of budgeters have a moment where they flat-out don’t … Continued

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