With loans harder to come by, more Americans have resorted to raiding their 401(k)s, but as Josephine Bennett reports, borrowing early can have big consequences.
In this edition of Getting Personal, Chris and Tess talk about Employee Stock Purchase Plans, emergency money for students overseas and financial planning towards the end of life.
Last week, Marketplace's Bob Moon examined a way to borrow from Social Security without breaking the bank. Bob's back this week with host Tess Vigeland to answer some of your questions on the option.
Did you know that if you borrow from your Social Security early and pay it back later, the government will call things even? Bob Moon reports on an option that almost sounds too good to be true.
A down market can be the best time to rearrange your money. Scott talks to Christine Fahlund about taking advantage of the moment to convert your Traditional IRA to a Roth.
We'd all like some guidance on our finances, but how can you make sure your adviser has your best interests in mind? Jeremy Hobson explains how to pick the right financial planner.
Many baby boomers are expected to keep working past retirement age, but those who do retire will be looking for a steady income. Commentator Todd Buchholz advises heading off one of their choices.