6 serious mistakes of the newly retired

For about two years now, a class-action lawsuit has been ongoing in court, with minor league baseball players trying to get back pay based on federal and state minimum wage and overtime laws. Casto points out that a number of things might happen in your life. Source: 6 serious mistakes of the newly retired

IRS gives tardy retirement savers more rollover time

Taxpayers who attest to honestly missing the IRS’ 60-day limit for tax-free 401(k) and IRA rollovers can now qualify for a waiver. Be careful how you handle that rollover, make sure it is a custodian to custodian transfer or you could face stiff penalties, even thought the IRS is allowing some exceptions. Source: IRS gives […]

Don’t be tricked by high dividend yields

When it comes to high-dividend stocks, you often get what you pay for. I’ve been talking about this for quite some time, others seem to be in agreement.  Beware the high-dividend yields some stocks offer.  See why there are a mirage more often than not. Source: Don’t be tricked by high dividend yields