It is no secret that American businesses are suffering. In 2008, a large number of businesses closed their doors. It appears this practice will continue for years. Americans who have yet to lose their jobs are concerned about the future. Some are worried about job security and others are asked to take a pay cut. [...]

If you are just setting up a 401k retirement savings plan or if you have had a plan for years, but are now actively preparing for retirement, you may have many questions. The common being “where should I invest my money?” Of course, the decision is yours to make and you should speak with a [...]

If you have a 401k plan, you invested in the stock market. In 2008, many Americans saw their investments suffer. Some individuals lost most of their retirement due to the poor stock market and troubling economy. There wasn’t much that investors could do, as the economy just hit a wall. It was trouble all around. [...]

If your 401k is invested in the stock market, you saw a loss in 2008. You may have sat by helplessly as your retirement savings dwindled. Your first instinct and it may still be a consideration is to get out now. You can start to pull out of your stock funds and invest in safer [...]

If you have a 401k plan, chances are your money is invested in stocks. Unless nearing retirement, investment experts recommended dabbling in the stock market. For those who are able to wait and survive the market’s ups and downs, the stock market is a great way to invest, save, and make money for retirement. If [...]

A 401(k) plan allows United States workers to save for retirement. The greatest benefit of these retirement plans is deferred income tax. Until the money is withdrawn, it is not considered taxable income. Since 401(k) plans are usually composed of money market investments, stocks, and bonds, there is some risk involved. In 2008, the stock [...]

401k plans are retirement plans designed to supplement pensions and social security. They are funded through employee payroll deductions. An employer has the ability to match all or a percentage of funds contributed. The money is then invested for long-term success. Most individuals opt for bonds, stocks, or a combination of the two. If you [...]

If you need money and have been saving for retirement with a 401k plan, you may turn to that plan. You may want to use the money to weather your current financial storm. If you are relatively unfamiliar with the ins and outs of 401k plans, you may be confused. Many individuals know they are [...]

The American dream is to retire early. Who wouldn’t want to put work behind them and spend their days traveling, with friends and family, participating in hobbies, and relaxing? In the past, early retirement was an option for those in good financial standing. Most considered it a reward for good saving and careful planning. Today, [...]

If you are in your early 20s or 30s, do you have a 401k retirement savings plan through your work? If not, now is the time to get one. In fact, regardless of your age, if you aren’t participating in an employer sponsered retirement savings program, now is the time to get started. If your [...]

Next Page »