Retirement, Investing and Budget Expert
Ashley Chorpenning is an experienced financial writer currently serving as an investment and insurance expert at SmartAsset. In addition to being a contributing writer at SmartAsset, she writes for solo entrepreneurs as well as for Fortune 500 companies. Ashley is a finance graduate of the University of Cincinnati. When she isn’t helping people understand their finances, you may find Ashley cage diving with great whites or on safari in South Africa.
Posts by Ashley Chorpenning:
Requesting financial aid often feels like it requires a mile-high stack of paperwork. And as if the endless form-filling isn’t enough, just getting the right type of aid can be confusing. A financial aid advisor can help students and their families navigate the complicated financial aid process and help them get the funding they need. To better understand the services these advisors can provide, here’s a breakdown of what they offer. Read more
Retirement savers and participants in 401(k) plans may soon face a new Department of Labor (DOL) policy, presenting them with either more investment options or just unnecessary costs, depending on one’s perspective. In December 2020 the DOL issued its final rule regarding an exemption to the Employee Retirement Income Security Act (ERISA) that would let financial fiduciaries be paid for advice on rollovers by third parties so long as they act in savers’ best interest. However, before it takes effect the so-called “fiduciary prohibited transaction exemption” is likely to be toughened by the incoming Biden administration. Here’s an overview of the development along with possible pros and cons of the newly released exemption. Read more
Retiring in China, the world’s most populous nation with some 1.4 billion residents, can offer financial benefits and geographic diversity but also significant challenges. It is generally less expensive to live in than the U.S. and the nation, which has the world’s third-largest land mass, offers a vast array of landscapes and seascapes to choose from. However, the government has been rolling out a social credit system that could affect the quality of retirees’ experience in the country. Here’s a rundown of the key things to know if you’re considering retiring in China. Read more