Instead of stuffing your face on Thanksgiving, try filling your retirement plan with heaping portions of tax-deferred dollars. Don’t end up like the Turkey on your plate. Start by reading this week’s terrific links.
Many public pension plans are a disaster. The Economist
Older workers often try to hide their age. The Wall Street Journal
Only 52% of Americans don’t own stocks or stock funds inside or outside a retirement account. Chicago Tribune
The SEC doesn’t like what it sees in teacher’s retirement plans. The Wall Street Journal
Almost 40% of retirees have more stock than they should in their 401(k). MarketWatch
Supporting adult children can wreck your retirement. CNBC
This New England Patriot is a super saver. People
A proposed new law would allow tax-free withdrawals to buy long-term care insurance. InvestmentNews
Lending cash to loved ones isn’t a great idea. Bankrate
Guaranteed Interest accounts have huge hidden costs. A Teachable Moment
