Maximum 401k Contribution
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Saving for Retirement: Compound and Grow Your Employer Matching Retirement Plan
If your employer offers a matching contribution to your retirement plan, the cardinal rule is: contribute whatever the employer is willing to match—even if it is only a percentage of your contribution and not a dollar for dollar match.
Imagine depositing $1,000 of your money into the bank, but instead of getting a crummy toaster, you receive an extra $1,000 to go along with your deposit. To add to the fun, imagine getting a tax deduction for you Read More...
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Women and Your Finances
Your finances don’t have to be a problem and you don’t need to be complacent and let your husband do all the finances. You have to know what’s going on for your own self-preservation. Money is a subject too easily walked around. It’s one of the top two problems in today’s marriages. You need to know about your money and finances and even your credit score.
Money is sometimes avoided in hopes that you will find a rich, nice guy, a dream job, Read More...
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Never Pass Up Employer Matching on Your 401k
With the near extinction of the "gold watch and nice pension" for a career well done, the burden for a financially secure retirement now falls on the shoulders of you, the employee.
However, that doesn't mean your employer isn't trying to help you out. Most companies offer employees the option of contributing to a 401(k) retirement account, while some companies even match a certain portion of your contribution - but more on that later.
First o Read More...
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