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…
financial advice
What Is a Third-Party Administrator (TPA)?
When it comes to managing a 401(k) or other retirement plan, the term third-party administrator (TPA) often comes up. But…
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…
What is a Recordkeeper?
A recordkeeper is a key service provider involved in the administration and management of retirement plans, including 401(k) plans. The…
Who Would Benefit from a Cash Balance Plan?
A Cash Balance Plan can be particularly beneficial for certain types of individuals or companies. While it’s essential to consider…
Questions to Ask a Recordkeeper before Hiring Them
Selecting the right recordkeeper for your company’s 401(k) plan is a critical decision. Asking the right questions can help you evaluate…
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…