What Is a 501k Plan & Is It an Alternative for Saving for Retirement?
…Happened That the “Father of the 401(k)” Never Foresaw Ted Benna, Widely Credited as the “Father of the 401(k)” Ted Benna is widely credited with finding a way to capitalize…
…Happened That the “Father of the 401(k)” Never Foresaw Ted Benna, Widely Credited as the “Father of the 401(k)” Ted Benna is widely credited with finding a way to capitalize…
…to AARP, “What an investor pays in 401(k) fees could add up to significant costs over the life of a 401(k) plan. For example, for an employee who has been…
…IRA are often even worse than 401(k) fees While all the attention has been focused on the confiscatory fees you pay in a 401(k) plan, IRA fees have gotten ignored….
…it assumes the employee never contributes another dime to a 401(k) and also assumes the initial 401(k) does not suffer a significant loss of principal, such as the pruning that…
…there have been new studies revealing just how devastating to your financial health a 401(k) can be: Recent 401(k) Wealth-Killing Revelation #1: A new academic study by two Yale and…
…ANALYSIS! Are There Restrictions on Repaying Loans? Unlike mandatory 401(k) loan repayment schedules, you set your own repayment schedule with a Bank On Yourself loan. Some 401(k) plans don’t allow…
…dime of it. Why Life Insurance Policy Loans Beat 401(k) Loans Bill Williams borrowed against his 401(k) plan to help put his son through college. But there are many problems…
…WGN See Pamela Yellen on WGN SuperStation discussing “401K Scary But True Facts” (5 minutes), 2010 Bank On Yourself/401(k) Discussion on Good Day New Mexico See Pamela Yellen on Good…
…401(k) says it’s a monster that should be destroyed. But the pandemic, shutdown and resulting economic downturn have exposed dangerous cracks in the 401(k) system. I’ll explain three of them…
…2: Redirect Future 401(k) Contributions to Enjoy Multiple Benefits and Tax Advantages Rather than funding a 401(k) at his new job, Jason puts the same $19,000 a year he was…