Make Smart Financial Decisions
To change your 401k contribution, log in to your plan provider’s online portal, usually accessible through your employer’s HR website, and navigate to the section where you can adjust your contribution percentage; most plans allow you to make changes …
When it comes to retirement planning, your 401k is one of the most powerful tools to help secure your financial future. But as your financial situation changes, so too might your ability to contribute to your retirement fund. Understanding …
When it comes to saving for retirement, there are many options available. Two common choices are the SEP IRA and the 401k. Both of these retirement accounts offer different benefits and can help individuals prepare for the future. But, …
Investing in real estate is a popular way to grow wealth, but many people don’t realize that they can use their 401k to do so. A 401k is a retirement account that offers tax advantages, but it can also …
Retirement planning is a long-term goal, but sometimes, things change. If you’re an employer or a plan participant, you might wonder: Can I terminate my 401(k)? While the primary purpose of a 401(k) plan is to provide a retirement …
When it comes to your 401(k) retirement plan, understanding how plan compensation works is essential for both employees and employers. One of the most critical factors in determining how much you can contribute to your 401(k) is the amount …
401(k) retirement plans are one of the most popular ways for employers to help their employees save for retirement. Employees rely on these contributions to build a secure future. However, there are situations where employers may stop contributing to …
When you think about a 401(k) plan, you likely imagine a full-time employee working a typical 40-hour week. But what if you’re working part-time? Can you get 401k part-time? The good news is that recent changes under the SECURE …
Contributing to a Solo 401(k) is a smart move for self-employed individuals and small business owners looking to save for retirement. However, understanding how to report Solo 401(k) contributions on your tax return can be a bit tricky if …
When it comes to saving for retirement, a 401(k) is one of the most common and effective tools available. One of the most powerful aspects of a 401(k) is the potential for compound interest, which can significantly grow your …