What Is a 457(b) Plan? A Unique Retirement Tool for Public Service Employees
Introduction When it comes to workplace retirement plans, the 401(k) and 403(b) are the most well-known options. These plans have become the standard for millions…
Category: Retirement Planning
What Is a SIMPLE IRA? A Guide for Small Business Owners and Employees
Introduction Small businesses are the lifeblood of our economy. They provide jobs and services that enrich our communities. However, due to their size and resources,…
What Is a SEP IRA? A Simple Retirement Plan for the Self-Employed and Small Businesses
Introduction Small business owners and self-employed professionals are masters of their craft. They are experts in their field, dedicated to serving their clients and growing…
What Is a Solo 401(k)? The Ultimate Retirement Plan for the Self-Employed
Introduction The modern workforce is changing. More people than ever are embracing the freedom and flexibility of being their own boss. They are working as…
What Is a Target-Date Fund? A Simple Guide to All-in-One Investing
Introduction You have taken the crucial first step. You opened a retirement account, like a 401(k) or an IRA. Now, you face the next daunting…
What Is a Pension Plan? A Guide to Guaranteed Retirement Income
Introduction For many of our parents and grandparents, the idea of retirement was often summarized by a single word: “pension.” It was a promise from…
What Is a Rollover IRA? A Smart Guide to Your Old 401(k)
Introduction You did everything right. You landed a great new job, and you are excited to start the next chapter of your career. In the…
What Is a 403(b)? The Essential Retirement Guide for Educators and Non-Profit Staff
Introduction When people discuss workplace retirement plans, the 401(k) usually dominates the conversation. It is the most well-known vehicle for retirement savings in the private…
What Is a Roth IRA? Your Guide to Tax-Free Retirement Growth
Introduction In the world of retirement planning, a few key accounts get most of the attention. However, one name often generates the most excitement and…
What Is a 401(k)? A Complete Guide to Your Workplace Retirement Plan
Introduction For many people, the first encounter with a 401(k) happens during the first week of a new job. Amidst a stack of onboarding paperwork,…