401(k) plans can provide employees with before-tax contributions and free money from your employer. Were you aware of the match contributions (e.g. free money) and tax benefits offered from 401(k) company sponsored programs? Outlined below are the pros and cons of a 401(k) plan and whether if it is a good plan for … [Read more...]
Hey Boss! Why don’t you pay for my future!
Why is over $30 billion dollars invested in 401k plans? For starters many 401k participants are earning contributions from their employers. Have your employer pay for your future and learn about what a 401K can do for you in this video. Spend a few minutes if you want to learn more about how a 401k works and if … [Read more...]
401k Contribution Maximum Limits 2020
Each year the IRS lays out rules that determine the 401k contribution maximum limits for an individual contributing to a 401(k). Generally, the IRS adjusts this amount with inflation, and these 401k contribution limits and withdrawal rules are changing both in the years 2020 and 2019. This is important because 401k's, … [Read more...]
