Understanding your 401(k) and the optimal amount to save is essential for ensuring a comfortable retirement. Are you confident you’re saving enough now to support your future lifestyle?
Kevin Mercadante |
Kevin Mercadante |
Understanding your 401(k) and the optimal amount to save is essential for ensuring a comfortable retirement. Are you confident you’re saving enough now to support your future lifestyle?
Holly Johnson |
Is dipping into your 401(k) the right move? While it may be tempting during challenging times, this article delves into the pros, cons, and alternatives to consider when deciding whether to tap into your retirement savings. With insights on the CARES Act and valuable advice, it helps you make an informed decision about your financial future.
Jeff Rose, CFP® |
Discover Blooom, a service that specializes in optimizing work-sponsored retirement plans like 401(k)s. While it’s geared towards improving your retirement account’s performance and reducing hidden fees, it may not be suitable for individuals with broader financial goals beyond retirement.
Jeff Rose, CFP® |
When facing credit card debt, you might consider tapping into your 401(k) for relief, but before you make a move, it’s crucial to explore alternative options that won’t jeopardize your retirement savings. Discover better strategies to manage your credit card debt in this insightful article.
Kevin Mercadante |
Discover the path to a more secure retirement by rethinking your 401(k) strategy. In this illuminating piece, delves into the essential steps, from substantial contributions to wise investments, guiding you towards a retirement plan that exceeds the norm and ensures a prosperous future.
Jeff Rose, CFP® |
Learn the ins and outs of 401(k) vesting in this insightful guide. Discover the importance of full vesting, understand the different vesting schedules, and see how it impacts your retirement savings.
Jeff Rose, CFP® |
Considering a 401(k) rollover to an IRA? It’s a crucial financial decision that can offer greater control, investment options, and fee savings, but understanding the nuances is essential. Explore the reasons why, how, and when to make this move in our comprehensive guide.
Jeff Rose, CFP® |
2023 study conducted by the Bureau of Labor Statistics (BLS) followed the employment history of individuals born between 1957 and 1964 up to the age of 52. The data revealed a trend towards fewer job changes as people get older. On average, individuals switched jobs 5.7 times between the ages of 18 and 24. However, […]
Jeff Rose, CFP® |
As retirement approaches, understanding Required Minimum Distribution (RMD) rules for your IRA and 401(k) is crucial to avoid hefty penalties. This article breaks down the when, why, and how of RMDs, helping you navigate this important aspect of retirement planning.
Jeff Rose, CFP® |
Tax rates for married couples filing jointly are much more generous than what they are for a single person. This can be a problem in retirement when one spouse dies and the other has a sudden increase in their tax liability.
Jeff Rose, CFP® |
Uncover the secrets of maximizing your financial future with the “Rule of 55.” Ready to learn how this strategy can change your retirement game?
Jeff Rose, CFP® |
Navigating the complexities of 401(k) rollovers in the face of job changes or company mergers can be a daunting task. Explore your options, from transferring to traditional or Roth IRAs to keeping your 401(k) as is, considering the tax implications and investment control that align with your financial goals and preferences.