A 401(k) is key to many retirement nest eggs, but many plan sponsors now offer a second option: a Roth 401(k). What is a Roth 401(k)? A Roth 401(k) is a type of 401(k) account that allows you to make after-tax contributions and then get tax-free withdrawals when you retire...
A 401(k) is a retirement savings plan that lets you invest a portion of each paycheck before taxes are deducted depending on the type of contributions made. Because of 401(k) tax advantages, the federal government imposes some restrictions about when you can withdraw your 401(k) contributions...
Who needs a 401K? - Brief Article
A TriNet 401(k) plan can help you attract top-notch talent, give your company a competitive advantage and help boost your team’s retirement savings. Learn how.
Anyone that tells you a sure way to make money with no potential downside is a liar and you should be careful. Most employees fail to make money from their 401K because the system is filled with people and tricks built to scam money out of you, so they listen to these people and ...
Is a Roth 401(k) better than a traditional 401(k)? Whether you choose a traditional 401(k) or a Roth 401(k), the tax implications might be better or worse for you depending on a variety of factors—like your age, your current income and what your income will be when you retire. ...
A SEP IRA, or simplified employee pension IRA, is a type of traditional IRA for self-employed individuals, including anyone with freelance income, or small business owners. It's "a very simple way to recreate a type of employer retirement account similar to a 401(k)," ...
One alternative to a 401(k) loan is a hardship distribution as part of an early withdrawal, but that comes with all kinds of taxes and penalties. If you withdraw the funds before retirement age (59 ½) you’ll typically be hit with income taxes on any gains and may be assessed a 10...
A 401(k) plan is an employer-sponsored retirement savings plan. It allows workers to invest a portion of their paycheck before taxes are taken out. Learn more.
A 401(k) match from your employer is a great way to boost your retirement savings and is a common feature of most plans. Make sure you understand exactly how the terms of your plan’s match work, so you canmaximize itand ensure that you’re saving enough to meet your retirement goals...