Should You Start a 401(k) After Age 60?
A reader of AskTheMoneyCoach.com wanted to know whether or not it’s a smart decision for them to launch a 401(k) or 403(b) investment plan later in life. The person asked me simply: Q: “Should I start a 401(k) or 403(b) investment plan at 63 years of age?” A: Yes! Actually, I think it can be […]
Should I Take a Loan From My 403(b) Savings Plan?
Q: I have a question from a reader who wanted to know what she should do from a loan she received from her job. “I requested and received a loan from my 403(b) plan to payoff credit cards. It was for $12, 800. I was told it would take 90 days to process, but the […]