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Mark Struthers

The 401k Loan, A Useful Tool (If Used Correctly)

401ks are for retirement. With pensions going the way of the dodo bird, flip phones, and fax machines, our retirements are dependent on 401ks and Social Security. While their primary purpose is retirement, 401k loans do have a feature that can be a great tool if used correctly: the ability to borrow money from yourself. …

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The SECURE Act Is Here! What You Should Know. (before you buy that annuity)

MNice Investor talked about the possibility of the Stretch IRA going away with passing of the SECURE act back in June 2019: , RIP Stretch IRA (Maybe?) SECURE stands for Setting Every Community Up for Retirement Enhancement. The accuracy of the name is debatable, unless you are selling annuities. For many of you, SECURE will have little …

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Don’t Be Afraid of The HSA This Open Enrollment Season!

I don’t think it was a coincidence that #HSAAwarenessday occurred right before Open Enrollment, nor was it a coincidence that I decided to write a blog post on HSAs (Health Savings Account) at the same time. Making smart choices during Open Enrollment matters more than ever: Rising healthcare costs being one of the major reasons …

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jeopardy risk assessment

I’ll Take Jeopardy, Risk, & Retirement For $1,000, Alex.

I’ll take Movies In The DirectTV Guide for $500, Alex. The answer: “Two hit men, a boxer, a crime boss, and others meet their fates over the course of two days.” James Holzhauer’s question: “What is Snatch?” Correct question: “What is Pulp Fiction?” Living in Minnesota, I don’t often read the Chicago Tribune, but the …

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