Posts Tagged ‘Paycheck’

No Pension, No Worries, Network Marketing Is The Key

The disappearing pension plan and retirement plans are making it more appealing to work at home. At one point, if you were working at a high income career you most likely had a pension plan set up by the corporation you worked for. A certain amount of money was withheld from each paycheck. The pension [...]

Should You Borrow From Your 401(K) Or TSP?

Conventional wisdom says that you should never, ever borrow from your 401(K). Financial gurus tell us that we should not take money out of our 410(K) for tax reasons and that many people do not have the self-control to pay back the loan.
With a Thrift Savings Plan (TSP), the government’s version of a 401(K) [...]

401(k) Retirement Plan

The cornerstone of retirement savings for many people today, the 401(k) plan is a savings vehicle that requires a hands-on approach which is why we are investing our time and money (intellect = money) in describing its features as fully as possible, so as for you to clearly understand and imbibe them. Ready? If [...]

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 In general, the contributions are before tax dollars and grow tax deferred until they are withdrawn.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 [...]