School of Saving and Investing

The School of Savings & Investing, presented by Meld University, conducts classes and publishes articles to help you stay abreast of the world of investing.

The word pro rata as it appears in the dictionary implying the article is focused on the pro rata rule for retirement contributions.
Backdoor Roth Contributions and the Pro Rata Rule

School of Saving and Investing

The backdoor method allows high earners to contribute to a Roth IRA, but the Pro Rata rule can present a challenge.

The letters ‘401K’ made from gold blocks are on fire, meant to indicate an oversight has ruined a retirement plan.
6 Simple Oversights That Can Ruin Your Retirement Plan

School of Saving and Investing

Saving for retirement is crucial for most Americans to enjoy their twilight years, but these 6 mistakes can ruin your retirement plan.

Red white and blue buttons with stars, stripes, and “CARES Act”. The CARES Act makes important changes to Required Minimum Distributions (RMD’s) for Retirement Accounts.
What the CARES Act means for Required Minimum Distributions (RMD’s)

School of Saving and Investing

The majority of media buzz on the CARES Act has been about fiscal stimulus. However, those nearing retirement should pay attention to RMD modifications for 2020.

Sidewalk with Facts (left) and annuities (right) person deciding which way to go - Annuities - Myth vs Fact presented by Meld University
Annuities: The Basics, and the 2 Biggest Myths

School of Saving and Investing

Annuities have gotten a great deal of attention in the media lately. In this article we examine the basics and the 2 biggest myths surrounding investing in annuities.

family packing boxes
Situational Investing – The Concept

School of Saving and Investing

Situational Investing – the concept is simple at first glance. People know they should invest according to their specific situation, but it not that simple.

Sign from IRS Building that reads "Internal Revenue Service"
IRS Provides Guidelines for Safe-Harbor Hardship Distributions from 401(k) Plans

School of Saving and Investing

In its March 2, 2017 Employee Plan News publication, the IRS included their memorandum providing guidelines for examiners to determine if a section 401(k) plan hardship distribution is “deemed to be on account of an immediate and heavy financial need” under the safe-harbor standards.