Inflation makes prices of goods and services go up over time. It’s why the cost of everyday items changes from year to year. But do your retirement savings in a 401k keep up with the rate of...
Category: Retirement and Savings
The term 401(k) beneficiary relates to two situations. The first is an employee who participates in a 401(k) plan. The second is a person named as the recipient of the plan’s money should the...
Job seekers are seeing increasingly more options for employment and are enticed by the benefits of joining a startup. However, financial stability is an important factor, and employees want to know...
When it comes to benefits associated with a traditional job, a retirement plan is one of the most significant. By choosing to invest in a strong retirement plan, you can build your wealth and create...
Are 401K Loan Payments Made Pre-Tax? Or, Are They Made Post-Tax?
You may be able to take a loan on your 401K, which is a retirement savings account. Payments into your 401K are usually made pre-tax, but what about loan payments on your 401K? Are 401K loan payments...
401Ks are a great benefit offered by employers as a way to help you plan for retirement. But what happens with the money you have in your 401K account? Are 401Ks invested in stocks and the stock...