A 401(k) plan is a financial tool that allows you to save a percentage of your pre-tax dollars for retirement. And, because life is unpredictable, you are allowed to take out loans and make...
Category: Retirement
Buying a home can be a great way to build wealth over time and set your family up for financial success. Unfortunately, it can also be incredibly stressful, especially if you're unsure about your own...
The success of 401K plans is crucial to the US Economy because social security alone won’t be enough for today's living costs. Therefore, 401K plans are protected by federal regulations regarding...
A 401(k) plan lets you allocate a fraction of your salary towards retirement savings. The money you save in your plan is most commonly invested in mutual funds and potential individual securities....
As a general rule, your 401(k) plan shouldn't be the first place you look when you need to cover major expenses such as medical bills. But when you have no other option, it might be necessary to tap...
Frequent changes in the value of your 401k can cause you to lose sleep over your retirement plan, especially if you check your account balance often. But if you understand what causes these...