1,536 results found
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9 ways to withdraw money early from your IRA - without paying a penalty
The IRS allows penalty-free early withdrawals from traditional IRAs in certain circumstances, called hardship provisions. Hardship provisions spare you the 10% penalty, but not taxes, on the withdrawn sum. IRA early withdrawals that can be penalty-free include expenses for healthcare, college, childbirth, and a first h
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Do You Have More or Less Money in Savings Than Other People Your Age?
If you have less money saved on average than people in your age group, here are a few ways to grow your savings.
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How To Make Your Money Last As Long As You Do In Retirement
The main goal of investing for retirement is building up enough wealth to cover your living expenses (and pay for fun) for as long as you live. The problem? There is not a single soul on Earth who knows when they’re going to die. You can speculate all you want, but the reality is, you don’t know if you’ll last until 85
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How to Save Money for Kids: Here Are Some of the Best Ways
Raising kids is costly. You'll spend money on food, clothes, education, medical bills, birthday presents, extracurricular activities, and much more.
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Teach Kids About Money While You’re Stuck At Home
We are all locked down at home, and probably running out of things to do to entertain our children. This might be a golden opportunity to teach our kids some valuable lessons about money, and not just because April is Financial Literacy Month. Learning how to handle money properly at an early age might sound a little b
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The envelope budgeting method can help keep you honest about your money
Setting up a budget is an important part of managing your money. You can figure out how much you earn, record all your major monthly expenses, and
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The 'retirement savings waterfall' explains where your money should go to build the most wealth
It can be hard to figure out where to put the money you save for retirement when there are multiple types of accounts you can open. The "retirement savings waterfall" can help you prioritize, by explaining where your money should go first, and then where any extra money should go. First, take advantage of any employer
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Unemployment May Give You More Money, But It Can't Give You This
Unemployment benefits are looking a lot better than usual these days, thanks to the extra $600 per week the CARES Act provides to all recipients during the COVID-19 pandemic. Some people are actually earning more money from unemployment benefits than they did working their normal jobs, but even for these individuals, u
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What I wish I knew about money when I was younger
To celebrate Financial Literacy Month, Old National Wealth Management team members share what they wish they knew about money when they were younger.
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How Old National Bank ‘Pays it Forward’ Through Community ACE Teams
Collaboration is one of Old National’s six core values, one which our ACE Team members truly takes to heart. ACE (Associate Community Engagement)