While a 401(k) is designed to help you save for retirement, maxing out your plan is not always the right move. There's no rule against contributing only a portion of your income to a 401(k) and ...
Maxing out a 401(k) could mean saving a boatload for retirement. You may want to look outside of a 401(k) if you're not happy with your plan's investment choices or fees. Also consider the ...
Maxing out your 401(k) annually is a great idea, but consider saving even more with a personal IRA and a taxable brokerage account, as well. Taxes come due on your 401(k) contributions at the time of ...
Can there be too much of a good thing? Absolutely. If you doubt it, buy a few gallons of your favorite flavor of ice cream -- and then eat all of it. Saving for retirement in a 401(k) plan is a very ...
Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...