Hey, all you laid-off, middle-aged bankers, accountants, programmers, marketers and other well-trained corporate types out there–listen up: Ever thought about working at a not-for profit?The business world is crumbling all around us, but non-profits have been growing faster than either the business or government sector–and they’re facing a shortage of talent. Best of all, the [...] [read full article…]
Barack Obama’s hair turned a little gray during his 20-month quest for the presidency but he’s hardly the only one showing some age. President-elect Obama will lead a country that is aging rapidly as the huge baby boomer generation heads toward retirement. By the year 2030, there will be 72 million Americans over age 65–about [...] [read full article…]
Finding a job is challenging for anyone in tough economic times but it’s harder if you’re over age 50. It’s illegal for employers to discriminate based on age, but any older job-seeker will tell you it happens every day. That reality is colliding with the intent of baby boomers, most of whom hope—and need—to keep [...] [read full article…]
Q: I enjoyed your recent column on Roth IRAs. I’m looking into converting my 401(k) to a Roth in 2010 (when rules on adjusted gross income for Roth contributions will be eliminated). I am 66. Does the 5-year waiting period for withdrawing funds apply? – F.G., Palm Coast, FL A: If you want to shift [...] [read full article…]
“Should I stay or should I go?” I’m fairly sure The Clash wasn’t thinking about 401k accounts when they wrote that English punk rock classic. But it’s a good song to sing whenever you leave a job and need to decide where to park your fund balance. Many people naturally lean toward taking their 401(k) [...] [read full article…]
