Roth IRA vs. 401(k): Fundamental Differences
There is a wide range of long term retirement plans that can create sustainable sources of income that can support your lifestyle in retirement and Roth IRA and 401k are two of such plans that are worth comparing. Both are retirement investment savings that...
401k Contribution: Your Best Move to Prepare for Retirement
A few years ago, when my friend Martin (the name have been changed) quit his job to go back to school, he received a payment from his former company for the 401K savings he had contributed. While he knew he’d be getting the money...
Women and Retirement Savings: Why You’re Not Saving Enough
Listen up, ladies. Listen really hard, because your future is on the line. As a group, you’re not saving enough for retirement. According to a recent publication by TIAA (which happens to be the firm my employer uses for retirement purposes), women should be...
No 401k? No Problem! What to Do If Your Employer Doesn’t Offer a 401k Plan
Your employer doesn’t offer a 401k or other retirement plan? Be bummed for about two seconds, then get over it. No 401k? You have options! However, if you think you’ve got a get-out-of-jail-free card (as in, you don’t need to contribute to a retirement...
5 Reasons Why Maximizing 401k May Not Be Your Best Strategy!
For most American in the private sector, aside from their pension, if they have one, their 401(k) is most likely the biggest part of their retirement asset planning. This means that how much is invested into it and how well it performs in the...
