Consequences Of Borrowing From Your Retirement PlanMost 401(k) plans and some 403(b) and 457 plans allow the participant to borrow from their plan, but is it a good idea?
Retirement Plan LimitsLet’s start with the employer plans, 60% of employers offer some sort of retirement plan, but only about 50% of employees take advantage of the plans offered.
It’s National Save for Retirement Week!I know we have weeks dedicated to so many different things. Did you know we have a donut week? So we should have a Save for Retirement week!
Using Your Retirement Plan As A Revolving Savings AccountAccording to the Employee Benefit Research Institute’s latest study on borrowing, more than 20% of participants have outstanding loans from their retirement plans.
No Retirement Plans At WorkListeners tell me they’re not worried, they’ll have their Social Security, but Social Security was never intended to be your only source of income in retirement.
Are You Saving Enough For Retirement?The average 401(k) balance came in at $80,600 at the end of the second quarter of this year (2013) according to a report released by Fidelity, which represents 12.4 million U.S. workers.
Your Over The Hill Retirement Plan BonusWorkers over 50 can contribute an extra $5,500 this year to their 401(k), 403(b), 457.
Know Your Retirement Plan Options And LimitsSixty percent of employers offer some sort of retirement plan but only about fifty percent of employees take advantage of the plans offered.
How To Use Your Retirement Plans To Lower Taxable IncomeLooking for a tax shelter? The best way to beat taxes is by investing in your retirement plan.
Estate Planning Is Essential While Still CompetentHonor Dad this Father's Day....Get his estate in order.
Dumb And Dumber Money Moves: More Dumb MovesIn doing research on Dumb Money Moves I found a great list in a CNN article.
Questions From Listeners: Zero InvestingMy wife and I both turn 40 this year. We have about $300,000 saved in our retirement plans.