Can You Take Money Out of Your 401k?

If you are looking to take money out of your 401k you need to know a little something about the rules that apply for a loan, distribution, or rollover.

401k Investments- Picking the Best Funds for Your Own Long Term Retirement Planning

Life used to be easier in the area of retirement plans. This does not mean it was better, just easier. There were fewer decisions to make. A person worked their entire life, retired and received their pension. The company controlled all aspects of...

Retirement planning in your 20's: planning to retire while you still have time on your side

Start to plan for retirement in your 20's. Start early by contributing to your 401K, Simple IRA, and Roth IRA and finish rich!

How to Find Your Retirement Money from Previous Employers

You may be entitled to thousands of dollars from old retirement plans with former employers. You only need to follow a few simple steps to claim this money.

An Introduction to Roth IRA Limits

Roth IRA, what is it really? Roth IRA is not a retirement plan for people who have a lot of money. It is a retirement account which is meant for people who have average salaries, meant for people who are just like you and me. However, what is...

Traditional 401K vs. Roth 401K

Switching to a Roth 401(k) Plan

A Roth 401(k) allows employees to save on an after-tax basis, but it's not right for everyone. Knowing your retirement savings options helps you ensure you have enough to retire the way you want, when you want.

Procrastination: Enemy #1 in Reviewing Your 401k Options.

 This article will highlight how to overcome the common problem of so many 401k plan participants when trying to select from the investments among their 401k options. Procrastination can take many forms:...

Cash Out 401k

Cash Out 401k Think twice before you do it. A cash out 401k can cost you a lot of money now, and a lot of money down the road. If you are leaving a job and have a 401k just hanging around, then you have 4 options:

Using 401k for Mortgage

Contributing to a 401k plan is sound personal finance advice. For many Americans, their 401k plan represents a large chunk of net worth. Over several years, salary deferrals and long-term investing performance can add up to an account with a sizable...