Tag: Retirement

Roth 401(k) vs. Traditional 401(k) | Similarities, Differences, and Examples

Roth 401(k) vs. Traditional 401(k) | Similarities, Differences, and Examples

The 401(k) is a common financial tool for building up retirement savings. Not only does it offer tax advantages, but some employers match their employees’ contributions. If you’re starting a new job, opening and contributing to a 401(k) is almost always a good idea. But should you put your money into a traditional 401(k), as nearly … Continue reading Roth 401(k) vs. Traditional 401(k) | Similarities, Differences, and Examples →

10 Things I Learned From Working For Millionaires

10 Things I Learned From Working For Millionaires

I have worked as a Pension Administrator in the retirement plan industry for over a decade. We handle thousands of 401k plans, pension plans, and 403b plans, and 457's. We complete their annual compliance testing, trust accounting, retirement plan designs, assist with processing loans and distributions, and filings of their tax forms such as the … Continue reading 10 Things I Learned From Working For Millionaires →

How Much Money Should I Save Each Month? How Much Do I Need To Retire?

How Much Money Should I Save Each Month? How Much Do I Need To Retire?

We all know that saving money is important, and asking yourself “how much money should I save?” can be a difficult question to answer when beginning. Being someone who has worked in the retirement plan industry for over ten years, I get asked this question a lot. Between saving for emergencies, retirement, vacations, etc. there … Continue reading How Much Money Should I Save Each Month? How Much Do I Need To Retire? →