8 Reasons Not to Contribute to Your 401(k)

Saving for retirement is super important provided you don’t want to be 78 and eating Alpo. While you have been paying into social security your whole life and you might even hold a unicorn pension, it’s important to save enough on your own in case these don’t come through for you. An employer sponsored plan, or a 401(k) may be … Read More

9 Things You Need to Know About 401(k)s

Employer sponsored retirement plans can be awesome. They often offer a contribution match and the ease of payroll deductions. Let’s discuss some things that you should know about 401(k)s. 1. You (and others) are not contributing enough to your 401(k)s. Did you know that while average 401(k) balances are up, the average account still cannot support a person’s retirement? In … Read More

7 Things to Know About Your 401k Plan

Simply put, a 401k is a retirement savings plan sponsored by an employer as an added benefit to its employees. Any piece of financial literature will tell you that if your employer offers a 401k plan with a match, you should definitely be contributing. Organizations factor this money into the total compensation package they extend to potential employees upon hire, … Read More

4 Reasons Not to Contribute To Your 401k

Despite the fact that 401ks are a great benefit a lot of companies offer to employees, there are several valid reasons to not contribute to a 401k program. Even so, many individuals choose not to contribute to a 401k because they feel intimidated by retirement accounts, or contributing regularly might not be in their best financial interests long term. Most … Read More