As a retirement plan, 401(k) plans currently outpace the competition, with more than 54 million Americans participating in a 401(k) plan, and nearly 550,000 plans offered. Employer sponsored, 401(k) plans are by far the easiest mechanism for workers to get started saving for retirement. And because there is typically an employer match for contributions up to a certain percentage, workers can end up leaving a significant amount of money on the table if they choose...
Looking for a financial professional? Here are some tips to see if someone is a good fit.
As the go-to investment option for most companies and their employees, 401(k) plans provide many benefits to plan participants, including deferment of taxes, the likelihood of an employer match, and a high maximum allowable for annual contributions. But for those that are self-employed, or whose employer does not offer a 401(k), a traditional or Roth IRA is an option. In many ways, a 401(k) and an IRA are similar in scope, with contributions for both...
There's more to preparing for retirement than just saving. Here's what to consider.
While so much of personal finance is common sense – don’t spend more than you make, don’t buy a house you can’t afford, start to invest money while you’re young, many young people today enter the workforce fresh out of college, with a boatload of student loans, and with no clue how to properly manage their money. The truth is that many young adults struggle out of college, finding themselves further in debt in just...
If you have any doubts about meeting the tax deadline, you may want to consider filing for an extension.
If you haven't started planning for retirement yet, it's not too late.
At the end of the month, do you often find yourself with a lot less money than you expected? Do you have a hard time determining exactly what you spent your money on? Do you feel that you should have more to show for your hard work than you currently do? Are you and your spouse or partner always fighting about money? If any of these are true, you may want to consider creating a...
Considering donating to a cause? There's a few things you should check first.
While some of us are spenders, others savers, most of us fall somewhere in between. Can you account for where your cash goes, or do you frequently find yourself wondering exactly where your money goes each month? The good news is that there are a lot of things you can do to save money starting today. Here are just a few of them. Decide what you’re saving for. It’s a lot easier to forego lunch...
Tax scams are likely to increase over the next few months. Here’s how to spot one.
April 18th is fast approaching. Here's how to stay organized so you can get your taxes filed.
