Category: 401K
Update: Due to court ruling, the new fiduciary rules highlighted below were struck down in court, in early 2018, and are no longer applicable. However, the rest of the …
401K Loans are Becoming More Popular. Should you Borrow from your 401K? Here’s a fact that may surprise you – 17.6% of Americans with a 401K have an outstanding …
Surprise! You can Actually Over-Contribute to a 401K All good things come with limitations. And never is that more true than with retirement accounts. For those lucky enough to …
457B Plans Offer Participants an Opportunity to Turbo-charge their Retirement Savings This 457B overview article has been updated with information for the 2024 tax year. In the wake of …
Last week we talked about decent advice in much too small doses from mainstream personal finance gurus. This week, we have a slightly different animal – horribly misguiding advice …
Me: Forgive me father, for I have sinned. Father Finance: You are in a safe place to share your sins, my son. What would you like to confess? Me: …
Have you ever wondered, “Hmmm… can I roll this retirement plan over to that retirement plan”? Retirement plan rollovers can be confusing. Sometimes there are goofy rules around when …
I was recently approached by a longtime reader with a seemingly random question on 401Ks, Is it better to max out your 401K each year as soon as possible? …
