As of January 2012, there are new 401k fee transparency rules in place to help those participating understand the fees and the funds themselves. See more about the new regulation.
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As of January 2012, there are new 401k fee transparency rules in place to help those participating understand the fees and the funds themselves. See more about the new regulation.
The power of long periods of compounding is huge. Therefore you should start saving for retirement as early as you possibly can. But don’t take my word for it, let’s look at the math.

Even if you are in what you consider a true emergency situation, it’s important that you take a step back and consider your options, and understand what a 401k loan is really all about.
Your 401k or RRSP savings won't be enough for you to retire on and it's foolish to expect the government to support the retirees with social programs.
If you're leaving an old job you might need to think about rolling over a 401(k) plan into a new IRA. Here's how to go about doing that.

Setting aside money in a tax-advantaged retirement account is one way that you can build your wealth. You receive favorable tax treatment, either deferring taxes until a later date, or paying taxes now and watching the money grow tax free.
A common misunderstanding of individuals contemplating when to retire is that you can not access your retirement accounts until you are at least age 59 1/2. You may be surprised to learn that there are ways to withdraw funds from your retirement accounts before age 59 1/2 and avoid paying the 10% early withdrawal penalty.

Just because your company has a 401(k) doesn’t mean that it’s the right choice for you. Before you just blindly participate in your company’s 401(k), make sure that it makes sense.

Before you decided that it is not possible for you to offer a 401(k) plan to your employees, consider that you might be falling prey to some misconceptions. Here are four common misconceptions.
The options for investing are endless. Choosing the correct first investment is important for your financial future. This article helps you figure it out.





