When searching and sifting through copious amounts of confusing and conflicting information concerning financial retirement savings and plans it is quite likely that you have come across the term 401(k). You may have wondered if that was the newest robot in the Star Wars saga but the truth of the matter is that it is [...]
Posts Tagged ‘401 K Plans’
IRA vs. 401 (k)
Many people find all the options that are available when it comes to retirement planning to be quite confusing. If you are one of those this article is dedicated to explaining the differences between a 401 (k) plan and an IRA (Individual Retirement Account). There will be many terms you will come across during your [...]
Help Is on the Way for 401(k) Investors
More employers are educating workers on 401(k) plans – from the benefits of tax-deferred growth to the importance of consistent saving. However, research shows that employees are still in the dark when it comes to investing their assets.
According to a recent study by human resources firm Hewitt Associates, most employees didn’t rebalance or re-allocate their [...]
Common 401(k) Mistakes
Believe it or not there are many mistakes that can be made along the way when it comes to financial retirement savings and investing. Unfortunately a good many of these mistakes center around the 401(k), which can be a tremendous boost to your retirement plans when used properly in order to build your portfolio. The [...]
401(k)
A 401(k) plan is an employer sponsored plan. The employer makes direct contributions to the account that are deducted from the employee’s paycheck. Most companies will match the paycheck contribution up to a certain percentage. In general, the contributions are before tax dollars and grow tax deferred until they are withdrawn. After-tax contributions are also [...]
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