401(k)

Was the 401(k) a mistake?

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The 401(k) is the best option that most people have for saving for retirement. But its introduction may have been a mistake. … Read More

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When is the best time to rollover your 401(k)?

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Rolling over a 401(k) to an account you own is a good idea, but the getting the timing right is important too. … Read More

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Should you borrow from your 401(k)?

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A 401(k) loan is an enticing prospect during financial hardship, and may seem more preferable than a withdrawal, but the risks are vast. … Read More

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It’s not enough to deposit money in your investment accounts

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If you just deposit money in your investment account’s settlement fund and stop there, it could cost you hundreds of thousands of dollars. … Read More

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Roth, IRA, 401(k), oh my! How to figure out where to put your investment money

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If you’re confused about where to put your investments and in what order, I break it down to a simple order. … Read More

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If you’re thinking about taking an early withdrawal from your 401(k)

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New legislation eliminates penalties for some early withdrawals from your 401(k). However, just because you can doesn’t mean you should. UPDATE: This legislation has expired as of the end of 2020. Penalties will apply again for early 401k withdrawals. These … Read More … Read More

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Time to be intentional with your accounts

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Verifying your accounts will keep your funds all accounted for, and will help you to decide if it’s time to change servicers. It’s a new year, and with it the usual deluge of good intentions, lofty goals, and everything going … Read More … Read More

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Why a 401(k) is the most lucrative investment product for most people

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Lord have mercy, my day job just recently started offering a 401(k)! When I switched jobs last year, I was dismayed, as one can imagine, that there was no employee-sponsored retirement plan offered to me. When I asked, as politely … Read More … Read More

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Start checking your investments!

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When I started at my last job, I signed up for the 401(k). (A 401(k) is one of the most lucrative ways that you can invest in a tax-advantaged way with scale.) I picked some investments, a reasonably diversified set … Read More … Read More

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6 example ways to invest your 15%

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Save 15% for retirement. You’ve heard it all before. And now you know how you determine how to determine which investment vehicles comprise that 15%. But with so many different options and scenarios, it’s easy to get lost. So here … Read More … Read More

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