Getting ahead financially isn’t merely about earning more. It’s also about what you do with that money once you receive it. Investing can help your net worth grow, but debt can eat away at it. That means most people understand they need to invest and pay down debt. But it leaves a lot of people […]
401k
IRA vs. 401(k): How Do They Differ? [Which to invest in first]
Employer pension plans are a thing of the past. Which means saving for retirement is a must, today more than ever before. Saving in any retirement plan is better than not saving at all. But you need to know your options to navigate your retirement savings plans effectively. There are a few differences to consider […]
Should I Rollover My 401(k) or 403(b) After Changing Jobs?
Millennials are job switchers. Gallup polls have found that 21% of millennials report changing jobs within the past year. Outside of learning the new company org chart, job switching presents another challenge: what to do with your old 401(k) or 403(b). Currently, many millennials do nothing. As a result, a 2017 study found that 59% […]
How Do I Use My 401(k) to Build Wealth?
Whether you’ve just started a new job or you’ve been with the same company for years, it’s critical for you to understand your retirement plan benefits. Knowing the fundamentals of your 401k savings plan will enable you to make wise choices about saving and investing for your retirement. This is an incredibly important issue for […]
