Do you have a retirement plan from a former employer? Last week, I received two separate questions about what to do with a 401(k) from a previous job. Both times the person asking the question was thinking about moving it and both times they decided to leave it where it is after reviewing the pros and cons. Continue reading “7 Reasons NOT To Roll Your Retirement Plan into an IRA”
With spring right around the corner, it seems employees start to ask themselves if this work stuff is really worth it. This week alone I have seen an uptick in the number of employees that are contemplating whether or not it is time to take this next step. Here is just a smattering of the questions we have received via phone calls and emails this week alone: Continue reading “When Do You Know It’s Time to Retire?”
As you open your most recent 401k statement, take a few minutes to check out a few important features of your retirement plan. What is the employer match, if any? Many companies have either reduced or eliminated the match over the past few years. At the very least, you should be contributing up to the amount your company is willing to match. But, what if you don’t have a match at all? Should you contribute to an IRA instead?
Here are some points to consider in favor of re-directing your dollars towards an IRA: Continue reading “401(k) or IRA: Which Retirement Saving Choice Is Right for You?”
