What is a stock market correction?

What is a stock market correction?

How to make sense of sudden drops in the market There’s nothing quite like the rush of watching your investments gain value. The same could be said about the moment of panic when you see them start to take a tumble. However, it’s common to see plenty of...
What to know about your 401(k) and taxes

What to know about your 401(k) and taxes

Key points A traditional 401(k) has pretax contributions and withdrawals that are taxed as ordinary income. A Roth 401(k) has after-tax contributions and tax-free withdrawals during retirement. 401(k) withdrawals before age 59½ may be subject to early withdrawal...
Just Starting Out? Learn From Our Mistakes

Just Starting Out? Learn From Our Mistakes

Invest early, even if it’s scary If the stock market scares you, nationally syndicated Washington Post columnist Michelle Singletary can relate. Singletary says she avoided investing for many years because in her first job out of college, an older co-worker —...