If an employer does not offer a retirement plan, what might be another way to save for retirement?

ways to save for retirement when employer does not offer retirement plan

You may have an employer who does not offer you a retirement plan. This puts you in a difficult place where you don’t have a retirement savings strategy. This situation would be experienced by both the self-employed and those who have created their own business. They could not ask the employer to provide them with … Read more

How to Protect your 401(K) , Pension and Retirement Savings in the Event of Divorce

how to protect your 401k during a divorce

Divоrсе hаѕ аn еmоtiоnаl аnd finаnсiаl соѕt. Yоu аnd уоur futurе еx-ѕроuѕе muѕt dесidе hоw tо dividе аll уоur аѕѕеtѕ, inсluding retirement ассоuntѕ likе уоur 401(k). Finding a ѕоlutiоn thаt bоth раrtiеѕ саn аgrее оn iѕ part of thе сhаllеngе, but уоu аlѕо nееd tо figurе out hоw tо minimizе tаxеѕ оr уоu’ll lоѕе еvеn … Read more

Advantages of a 403(b) Retirement Plan

403(b) Retirement Plan

The 403(b) retirement plan is a great financial structure for saving money. Much as with a 401K plan, contributions to your 403(b) retirement plan are made on a pre-tax basis. This can reduce your income tax bill tremendously. Not everyone can take advantage of a 403(b) retirement plan. They ‘re only available to employees of … Read more

Retirement Planning and Tips

Retirement Planning and Tips

When it comes to retirement planning, no age is too young to begin. It helps to have some practical retirement planning and tips to help you define and meet your retirement goals. Most people never bother with retirement planning which is why the majority of Americans will have difficulty supporting themselves when they reach retirement. … Read more

What is a 401k Plan?

What is a 401k Plan

A 401(k) is a powerful tax advantaged retirement instrument, provided by some employers, in which the employer or employee or both, contribute money towards a fund that the employee can tap into once he or she retires. Many citizens look forward to retirement when they can finally escape from the day to day commute and … Read more