Finding Out Just What is a Roth IRA?

The topic of retirement planning is nothing new to forward-thinking individuals. While retirement may be decades in the future, now's the time to begin planning. The modern financial industry offers a myriad of options. Investments such as 401(k)s and SEP plans offer basic-level retirement planning. However, many find these plans to be too restrictive. Roth IRAs are attractive to many as it offers tax-free retirement income. While there are drawbacks, for some, the … [Read more...]

4 Things You Need to Know about a 401k

What is a 401k? As the time approaches for retirement, it can cause a lot of stress, especially when trying to figure out how to get the most out of your long years of hard work. If you are young, searching for the right retirement plan is crucial to future success. The 401k retirement plan meets all of your needs without sacrificing quality. You need to know a few things about the plan before you invest in it, though. History of the 401k What is a 401k? In the … [Read more...]