When to Skip Your Company’s 401(k)
The 401(k)—the most common way Americans save for their retirement years—is only a little over four decades old. Established by the Revenue Act of 1978, the 401(k) became a way…
How to Use After-Tax Contributions to Funnel More Into Your 401(k)
Photo: Ground Picture (Shutterstock) As the end of the year approaches, you may have already maxed out your 401(k) plan contributions for 2022. However, some plans have an option to…
How to Tell If Your Employer’s 401(k) Is Actually Good
Photo: karen roach (Shutterstock) Considering we’re amidst the Great Resignation—in which 50% of employees are looking for new jobs—employers are scrambling to retain talent through perks like bonuses, increased pay,…
Should Your 401K Contributions Be a Flat Rate or a Percentage?
Photo: Tada Images (Shutterstock) When you start a new job with an employer that sponsors 401(k) plans, you’re usually given the option to contribute part of your monthly earnings as…