As chief strategist/consumer education for Charles Schwab & Co. Inc., Schwab Pomerantz is a leading advocate for individual investors. She speaks and writes extensively about personal finance issues and is a driving force in the movement to improve financial literacy in America. As president of the Charles Schwab Foundation, she also oversees the company's philanthropic strategy and resources.
With her father, company founder, chairman and CEO Charles R. Schwab, Schwab Pomerantz co-authored "It Pays to Talk: How to Have the Essential Conversations With Your Family About Money and Investing," which Publishers Weekly called "a well-rounded primer that provides one-stop shopping for the many phases of financial understanding and planning."
Schwab Pomerantz is a sought-after speaker whose public appearances have included appearances on "The Today Show," CNBC and NPR. In 2001, Working Woman magazine recognized her as one of four “Market Movers” in America who are “rewriting the rules of finance,” and she was also recognized as one of the “25 power Elite” in the financial services industry by Investment News. For four consecutive years, The San Francisco Business Times has named her one of the San Francisco Bay Area’s 100 Most Influential Women in Business.
A graduate of the University of California, Berkeley, with a bachelor’s degree in Political Science, Schwab Pomerantz later earned a master’s degree in business administration from George Washington University. She holds NASD Series 7, 63 and 8 registrations.
Most people don't realize that 529 assets can be used at any eligible institution of higher education.
Once you and your wife have a clearer picture of the type of retirement you want, it could be helpful to meet with a financial adviser -- if for no other reason than to confirm your calculations and make sure you're on track.
Whether you plan to collect benefits soon or are worried there won't be anything for you to collect by the time you reach retirement, take a look at these 10 common myths and misunderstandings about Social Security.
From phishing in order to steal personal information to offers of too-good-to-be-true investment opportunities, Internet users of all ages need to be aware of how to protect themselves.
At the risk of sounding obvious: Stop using your cards, and use cash or checks instead.
Even if you're not receiving Social Security benefits at age 65, you're still eligible for full Medicare benefits.
By starting in your 20s, you give yourself a huge advantage; in fact, if you continue to save just 10 percent of your salary each year, you should be in pretty good shape come retirement time.
If you want to give money to your kids, an equal amount to each sibling would probably be the fairest.
Once you reach 591/2, you can take penalty-free distributions from either a traditional or Roth IRA at any time but you may have to pay income taxes (non-deductible contributions can be withdrawn tax-free).
In volatile times like these, your age is your best advantage. Investment choices depend largely on your time frame and feelings about risk.
As someone who believes in the power of tax-advantaged growth, I'd say having a 529 account is one of the best things you can do
Even though you'll have your hands full with the new baby, there are some administrative things you should take care of right away.
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