Taking full advantage of your 401k plan today can help you achieve financial goals sooner, and provide enough income for a comfortable retirement. For most working people, Social Security checks alone will not be enough to maintain the standard of living they are used to, once they are no longer working. If you are lucky, [...]
Posts Tagged ‘Retirement’
Knowing Your 401k Plan.
Posted by admin on April 22nd, 2010
Posted in 401k Retirement Plan 
Tags: 401k Plan, 401k Plans, Account Statements, Additional Income, Assets, Brochures, Earnings, Federal Government, Financial Goals, Financial Magazines, Investment Options, Investments, Maximum Percentage, Plan Administrator, Prospectus, Quarterly Basis, Retirement, Salary, Social Security, Social Security Checks 
No Comments »401(k)
Posted by admin on December 30th, 2009
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 In general, the contributions are before tax dollars and grow tax deferred until they are withdrawn.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 [...]
Posted in 401k Retirement Plan Tags: 401 K Plans, Allocations, Array, Assets, Calculators, Earnings, End Result, Financial Planner, Free Money, Investments, Mutual Funds, Paycheck, Retirement, Slumps, Stock Market, Tax Contributions, Tax Dollars, Time Factor, Vested Balance, Volatility No Comments »
