An individual 401(k) allows you to save for retirement both as an employer and an employee, often enabling you to contribute more than would be possible with other retirement plans.
Your retirement savings plan .
Savings advice is only half of retirement plan Ron Bartizek Business LOCAL.
Justin and Taylor, in their mid 40s, are balancing two big goals that are the basis of their financial plan: funding college for their three children and saving for retirement.
Retirement planning is about more than saving money.
According to Michigan's Dana Muir , saving for retirement goes beyond mere financial planning for individual workers.
Criticism of retirement savings plan off-base .
Also, for those still saving, you have time to max out your retirement plan contributions for the year.
Everyone knows you have to save for retirement, but creating and following a proper plan is easier said than done.
It's nice to have a cushion of savings when you retire , in addition to a 401K or pension plan.
Recently, the Michigan Senate passed a public employee retirement plan , an initiative that would possibly save more than $200 million for public schools.
California could become the first state in the nation to offer a retirement savings plan for residents who have no retirement plan s.
If you're among the millions of private-sector workers whose employers do not provide a retirement savings plan, it may help to be living in California.
You can withdraw your investment savings and keep the money as a lump sum (sit), you can leave the money where it is (stay), or you can " roll over " your retirement savings into another retirement plan or an IRA.
These plans sound so official and dull, but if you're working for an employer who offers this retirement savings vehicle, and you're not taking advantage of it, you're leaving money on the table.