Tag: Retirement Savings
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Can You Use Your Retirement Savings to Start a Business?
When people go looking for money to launch a company, they check banks, investors, credit cards, maybe a rich uncle. The account most of them skip over is sitting right in front of them: their own retirement plan. It’s legal to tap it. The IRS has clear rules for it. And depending on the method…
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Little Or No Retirement Savings? Here Are 5 Tips That Can Help
Most Americans know they need to save more for retirement. But most Americans aren’t doing it. Just how bad off are some of them? A study by the U.S. Government Accountability Office found that about half of households 55 and older had no retirement savings at all. Clearly, many Americans could be headed for retirement…