Why Don’t I Have Two 401(k) Accounts for Roth and Pre-Tax?
“I see Roth 3% and pre-tax 3% on my paycheck. Why don’t I have two accounts?”If you’ve asked this question—or…
Employees
Does My 401(k) Loan Affect My Credit?
If you’ve taken (or are thinking about taking) a loan from your 401(k), you might wonder how it impacts your…
What Is the Super Catch-Up Contribution?
A Retirement Savings Boost for Ages 60–63 If you’re between the ages of 60 and 63, a special savings opportunity…
Understanding Vesting in Your 401(k): What You Should Ask Your Employer
Navigating the world of 401(k) retirement plans can feel overwhelming, but understanding a few key concepts can help you maximize…
Do I Need a 1099 From My 401(k)?
Tax season comes with plenty of questions, and one of the most frequently asked is: “Do I need a 1099…
Why Am I Receiving Excess Contributions From My 401(k)?
Did you get a notice saying some of your 401(k) money is being sent back for “excess contributions”? Getting a…
What’s the difference between active and passive mutual funds?
Active and passive mutual funds represent two different investment strategies, each with its own approach to portfolio management and associated…
The Hidden Value of Your 401(k) and How to Recognize It in Your Compensation
Your paycheck might feel like the end of the story, but there’s often an untold chapter that holds immense value…
What You Need to Understand About Your Company’s 401k
Here are 8 key points to grasp about your employer’s 401k plan: 1. Voluntary Contribution A 401(k) plan is a…
Disadvantages of Taking a Loan Against Your 401(k)
Your 401(k) serves as a crucial pillar in building your financial security for the future. While the option to take…
What is a Target Date Fund?
A target-date mutual fund, often referred to as a “target-date fund” or “lifecycle fund,” is a type of investment fund…
Generic vs. Personalized Advice – What’s Right for You?
When it comes to managing your finances and investments, there’s no shortage of advice out there. From generic tips that…