A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...
I’ve been challenging conventional financial wisdom for years, and today I want to expose one of the biggest myths in retirement planning: the 401k match as a “100% return.” As someone who’s helped ...
Let's imagine you're 30 years away from retirement and your 401 (k) usually gives you a yearly 8% return, which is a bit ...
An employer match is one of the most valuable features of many 401(k) plans. Even without an employer match of your contributions, however, a 401(k) can still be useful for retirement savings. The tax ...
401k matches are wise to take advantage of if you’re able to make the contributions. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to ...
When a company suspends its 401(k) match, it amounts to a pay cut, some workers say. For countless American workers, the 401(k) company match is simply a fact of life: They contribute regularly to ...
Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...
A Reddit user discussed whether to contribute to a 401(k) or HSA. You should contribute enough to a 401(k) to earn your full employer match. After earning your matching contributions, maxing out an ...
Strategizing retirement savings in your 20s can be a daunting task. That is the dilemma of Reddit member in the subreddit r/personalfinance who found himself at a crossroads. At 24, he is in an ...
Growing your wealth without effort might sound farfetched to you, but people do it every day. When you invest your money, it grows while you're off doing other things. It's not likely to make you an ...