If you need funds to cover an unexpected expense, taking a loan from your 401(k) account may sound appealing. Although many retirement plans offer these loans, borrowing from your 401(k) comes with unique risks and costs that can seriously compromise your long-term...
Brad McMillan, Commonwealth’s CIO, recaps January’s market and economic news. The U.S. stock market reported lower-single-digit gains, while international and emerging markets lagged behind. The economy performed well, as strong retail sales, a healthy jobs market,...
Quick Hits Positive Start to the Year Mixed Month for Bonds Economic Growth Continues Update from the Fed Risks to Monitor Solid Foundations for the New Year Positive Start to the Year It was a solid start to the new year for markets, with all three major U.S....
If you claim your social security benefits and later realize doing so might not have been in your best interest, you may have an opportunity for a do-over. There are three strategies that may apply, depending on your individual circumstances. Let’s take a look at...
Brad McMillan, Commonwealth’s CIO, recaps December’s market and economic news. Markets around the world were up from 3 percent to 6 percent last month and up by double-digits across the board for the year. The lack of a recession drove these positive results, with job...
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