When it comes to retirement planning in the United States, most Americans can use all the financial help they can get. Because saving and preparing for retirement is often a confusing and difficult task, any ability to double-dip by improving the effectiveness of your retirement savings dollars is welcome. Are you taking advantage of these opportunities to make your savings contributions work harder?
1. Company Matches
Many workers are employed by companies that offer a company 401(k) or HSA match.…
Planning your finances can be a daunting task, especially when you have limited knowledge of personal financial management. Achieving your financial goals requires a lot of patience, discipline, and perseverance. Thus, it can take a long time to attain financial comfort and independence if you lack discipline. You may possess all of these qualities and are well off financially, but with the help of consultants, you can achieve your financial goals earlier than anticipated.…
Contributing to a 401K plan is one of the most important things you can ever do. The days fly by so swiftly, and before you know it, you look up and realize you’ve reached your golden years. If you have planned well, you could be sitting pretty, no longer needing to work, and able to fully rest and enjoy your time the way you want to. Structuring your 401K plan the right way is the key to making it all happen.…
