Archives for 401(k)
Penny Wise, Pound Foolish: Retirement
I'll cut straight to the chase'“if you aren't saving for retirement, you are taking money out of your future pocket and wasting it. If you've been following the blog, you…
Same-Sex Marriage and Retirement Plans
At MorningstarAdvisor, Natalie Choate answered the question below about same-sex marriage and retirement plans. She practices law in Boston, specializing in estate planning for retirement benefits. Her book, Life and…
Four things you need to know about Roth 401(k)’s
When I posted recently on how to choose whether to fund your 401(k), Roth, or traditional IRA, I forgot to mention another category: the Roth 401(k). The Roth 401(k) rocks.…
Should I fund my 401(k), Roth, or traditional IRA?
There are three types of retirement investment accounts for employees: 401(k), Roth IRA, and the traditional IRA. If your employer offers a match to your 401(k) contributions, then your first…
Why don’t more 401(k) plans include index funds?
This weekend, the Boston Globe had an article on a change made to 401(k) investment plans during the Bush administration. The change enabled businesses to automatically enroll employees in the…
Are You a Taxpayer or a Shareholder?
Yes, this is a trick question. Millions of Americans, of course, are both, whether we like it or not. And we have our dismal 401k balances to prove it. If…
Have 401(k) plans failed?
The stock market's dramatic dive over the past year has some people questioning the usefulness of 401(k) plans. A recent article on reports: "This is the biggest test that the…
News Bites: Worker, Retiree and Employer Recovery Act of 2008 and what it means to same-sex partners
Thanks to Mombian for pointing out that Bush signed a gay rights bill: Call it a Christmas present for gay and lesbian couples. President Bush signed the Worker, Retiree and…
Shifting your 401(k) on the Shifting Careers blog at NYTimes.com
'œThe question isn't at what age I want to retire, it's at what income.' '“ George Foreman Remember when I asked the question, 'œWhy did you cash out your 401(k)?'…
Why did you cash out your 401(k)?
I'm doing research for a post and wanted to know if you've ever cashed out your 401(k). If so, why did you do this? What did you spend the money…