Contributing enough to the 401k plan in order to get the full employer match is among the most basic rule in saving and investing. When it comes to matching your 401k contributions, employers can do ...
Receive EITC, Contribute to Traditional 401k Not Roth 401k
Most financial articles are written for people with higher incomes, because people with more discretionary income naturally want to know what to do with their discretionary money. However, people with ...
2019 2020 401k 403b IRA Contribution Limits
[Updated in July 2019 with projections for 2020.] Retirement plan contribution limits are adjusted for inflation each year. After inflation pushed up both the 401k/403b/457 contribution limit and ...
401(a) Plan Contribution Limit
Most people working at private companies have a 401(k) plan, and that's it. Those who work at educational institutions or non-profits often have a 403(b) plan, which works more or less the same as a ...
Roth 401k Makes People Have More Money To Spend In Retirement
Reader Joel left a comment on my blog post The Case Against Roth 401(k) and asked about a study by Harvard and Yale professors which concluded that Roth 401k makes people have more money in retirement ...
My Smartest Financial Decision
This post is sponsored by Alliant Credit Union, where I’m a customer. All opinions are strictly my own. I made many financial decisions all these years, some smart, some disastrous. Thinking back, ...