Below you'll find a list of all posts that have been tagged as “401k”
Your 401(k) Offers You Valuable Benefits You Just Can’t Find Anywhere Else In the midst of economic adversity, market volatility, geopolitical uncertainty and a host of other things (including a still-active pandemic, now in its third year), it can be hard to find a silver lining. However, there is one thing that keeps showing you some love every day — …
One of the best ways for you to save toward your own retirement and ensure your future security is through an employer-sponsored 401(k) plan. If you don’t participate, you’re missing a golden opportunity to save for retirement while lowering your tax burden on those savings.
A 401(k) account is one of the most valuable tools for saving and planning for retirement. Many plans offer features that can help you set aside more of the money you earn for retirement and grow wealth for your financial future. If you’re able to save the maximum amount available, you should. Here are a few ways to do so: …
Early withdrawals from retirement accounts are not only costly, but they can also disrupt your financial future. Think about the long-term consequences before you tap your 401(k) for an emergency expense. Your 401(k) account is designed to help you build a nest egg for retirement, but you may tap it for other purposes. If you’re thinking about using it for …
Raising a family is rewarding and expensive. Consider taking these steps to support your family financially through a program of smart investing. Building a career and raising a family requires management skills. Juggling your time, priorities, and money now while planning for the future can be daunting. Saving now to send your kids to college, take care of your parents …
There is a good chance your 401(k) is one of your single largest assets. And the decisions you make about it can have a lasting impact on you and your family. Knowing your options at retirement are key in a financial plan. Key Points Your 401(k) may be your single largest retirement asset. The wrong decision can result in …
A 401k plan participant leaving an employer typically has four options (and may engage in a combination of these options): Rollover assets to an IRA Roll over the assets to his new employer’s plan, if one is available and rollovers are permitted Leave the money in their former employer’s plan, if permitted or cash out the account value. A rollover …
