It’s one of the fundamental rules of financial planning: you must save for retirement. But what is the best way to do it? Most people have access to a “defined contribution” retirement savings plan through their employers, like a 401(k). Here’s what it is, if you should contribute to one and other retirement savings options.
Posts Tagged ‘roth 401k’
Should You Contribute to a 401(k)?
March 16, 2011Financial Advice for 20-Somethings: Retirement Savings
March 10, 2010As a 20-something, I’m finding more often than not that I’m in great need of guidance when it comes to financial decisions. Thankfully, I have people within my reach that are much more money-savvy than I. They’re who I turn to with any and all of my questions about managing money. With a little help [...]
Roth 401(k) vs. Traditional 401(k)
January 14, 2008More employers are offering the option of a Roth 401(k) in addition to the traditional 401(k). It’s great to have options, but how do you know if you should go the route of the Roth or stick with the regular?
