401k

Unlocking the Secrets of RMDs: How to Avoid Penalties and Maximize Your Retirement Savings

Required Minimum Distributions (RMDs) are extremely complex, but somehow the IRS still expects you to follow through with it. In this post, we’ll break it down as easily as possible, with our main goal being that you avoid any unnecessary penalties and that you know your options, no matter the type of account you have. … Read more

Meet Beagle [Find Lost Money – An Honest Review]

The average person changes jobs every 4 years. If you’ve had multiple jobs throughout your life, there’s a good chance you’ve had multiple opportunities to open a 401(k) account with each of the companies you’ve worked with. Clearly, this isn’t the most efficient way of doing things, but employers don’t really care about that. It’s … Read more

Are 401(k) Plans Worth It? [Not Always]

It’s a great question. I’ve always had a traditional 401(k) plan and lately, I’ve been wondering why it’s considered such a staple in retirement planning. Take a look at these two rules governing traditional 401(k)s: To me, these two rules are quite the downsides, so the upsides must be quite spectacular to make up for … Read more