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…
Employees
This section is geared towards employees who want to understand how their 401(k) works. Whether you’re new to your company’s retirement savings plan or already contributing, these articles offer clear, practical advice for every stage of your journey.
You’ll learn:
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What a 401(k) is and how it works
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How much to contribute for long-term growth
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What to do if you change jobs
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Common mistakes to avoid and how to fix them
- What to know about vesting, rollovers, and withdrawals
Designed for participants seeking to optimize contributions, navigate plan features, and make informed long-term financial decisions.
Our goal is to help you feel confident about your retirement plan and your future.
What’s the Difference Between a Participant and an Employee?
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An employee is anyone who works for a company, whether or not they’re part of the company’s 401(k) plan.
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A participant is an employee (or former employee) who has enrolled in the 401(k) plan and has a balance or active account.
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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…
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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…
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Are You On Track for Retirement?
Retirement is a significant milestone in life, and the financial decisions you make today play a crucial role in determining…
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Frequently Asked Questions about 401k’s
We know it can feel like diving into the financial deep end, so we’ve gathered the FAQ’s (most frequently asked…
