Tag Archive: 401k investment
New 401(k) rules have been released and they pertain to how the balance in an employee’s retirement planning account will be distributed upon termination of employment. The new rules actually create a convenience and will save many former employees quite a bit of money. However, there are alternative methods of handling these balances that could […]
Aside from health insurance, the 401(k) plan is arguably the best employer-provided benefit. Under this plan, employees elect to have a specified amount of their pre-tax wages placed into an investment account. In certain cases, the employer may match all or part of the employee’s contributions by depositing additional money into the plan. Employees may […]
The 401k employer sponsored retirement plan is a hidden gem on the list of employer-provided benefits. Employees designate a certain percentage of their pay to contribute to a tax-deferred account and they choose the allocation of stocks, bonds, and mutual funds into which this money will be invested. Employers frequently match a percentage of the […]
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