The importance of your employer’s match of your retirement investing in their company sponsored 401k plan cannot be overstated. Many people worry about earning the highest possible investment return on their stocks, bonds, and mutual funds. They aim to earn 8%, or 10%, or 12% per year as they march toward retirement. Meanwhile they miss [...]
Is a 401k the right retirement investment for you? Calculate the benefits of a 401k retirement account based on your income and years to retirement below. Then, get information about starting a 401k from multiple offers at different banks by completing our form.
Most employers sponsor a retirement plan for their employees. The most common option is the 401(k) plan. Most people prefer to use their employer’s sponsored plan to save for retirement as it is a lot easier than having to go through the steps to open up an IRA on their own. Many employers go as [...]
As of 2006, The Pension Protection Act allows employers to automatically enroll employees in 401k plans. This is an effort to get the retirement ball rolling. It seems like a great idea. But, like all financial decisions, automatic 401k enrollments have their pros and cons. Yay How can people saving be a bad thing? “It [...]
When it comes to retirement planning, you are better served by starting as early as possible. There are many options for retirement planning out there. One possibility is opening a 401k plan. A 401k plan is essentially a long term plan offered through an employer. Here is a guide to understanding how a 401k works. [...]
Worried about being able to live comfortably into retirement age? You’ve probably heard before that you should start investing for retirement at an early age. Maybe you haven’t done it yet because you think you have plenty of time left, or maybe you haven’t done it yet because you don’t know how to invest invest [...]