The Junk Drawer Approach to Investing
It's easy to let investments accumulate like old receipts in a junk drawer.
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It’s morning and you’re out the door. Immediately your home’s smart devices take over, dialing down the heat, turning off the coffeemaker, and arming surveillance inside and out. In the car, rain-sensing wipers activate at the first drops; adaptive cruise control maintains a steady pace; and upon arrival, parking assist gets you into a tight space, no problem.
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401(k) savings are taxed as ordinary income when funds are withdrawn.