Navneet Pahal

Navneet Pahal

About the Author :

Meenakshi JainNavneet Pahal CRPC ® Financial Advisor, is a Managing Partner at Pahal, Vora and Associates, a private wealth advisory practice of Ameriprise Financial Services, Inc. Visit www.pahalvoraandassociates.com, email: navneet.k.pahal@ampf.com, or Call: (619) 358-9893 for more information.

How to Financially Prepare for a Natural Disaster

How to Financially Prepare for a Natural Disaster

With the focus on the COVID-19 pandemic, the coming hurricane and wildfire season is likely not on many Americans’ radars right now. However, with many people in a financially precarious position over the last couple of months, it’s more important than ever to be prepared for a natural disaster. While no one can predict exactly when a disaster like a …

Don’t Let Emotional Investing Cloud Your Judgement

Don’t Let Emotional Investing Cloud Your Judgement

It’s important to maintain a level head in times of market turbulence. But that is often easier said than done, especially in the heat of market volatility. Even with the best intentions, investors can be challenged by their own bias and emotions when it comes to making investment decisions. Emotional investing may be amplified during periods of market stress. But …

Should I use my 401(k) to fund my child’s college education?

Should I use my 401(k) to fund my child’s college education?

By Navneet Pahal You can, but it isn’t your best option. Your 401(k) plan should be dedicated primarily to your retirement. There are two primary drawbacks to using your 401(k) for college funding. First, if you withdraw funds from your 401(k) before you are 59½, you will owe a 10% premature distribution penalty on the withdrawal. This penalty is in …