Articles related to Retirement
What is a 401k? A 401k plan is a special account funded by withholding employment income prior to taxes. It is employer sponsored, providing employees with an avenue to begin saving for a secure future. Contributions are taken from every paycheck, allowing regularly scheduled contributions. Some employers may also offer matching contributions up to a …
If you’re like most people, you probably dream of retiring early. Who wouldn’t want to quit their job, enjoy a leisurely lifestyle, and still have enough money to live comfortably? While it may seem like a pipe dream, there are actually several different strategies you can use to retire early. We’ll take a detailed look …
An IRA is a powerful vehicle that empowers people to preserve their golden years and bask in the warmth of tax benefits. There are several types of IRAs. For example: Traditional, Roth, SIMPLE, SEP and Inherited IRA. We’ll focus on the two most common forms, Traditional and Roth. Each having their own benefits that must …