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401k Asset Allocation: Two Methods for Headache-Free Diversification

Want to do one thing to ensure the money you’re saving today in your 401k or IRA will be around tomorrow? Diversify. Too many Americans have watched their retirement dreams disappear because they invested solely in the company stock of their e … [Read more...]

Where Should You Invest First? Your Company’s 401k or an IRA?

Decoding retirement savings is as thrilling as an all-day cram session for a standardized test. I get that. But just like that grad school exam, your future depends on it. A few weeks ago, I sent my focus group a quick survey on 401k plans. I knew … [Read more...]

Should I Invest in my Employer’s Stock?

Some employers allow employees to purchase company stock either through a 401(k) plan or stock options. These incentives are provided as employee benefits that can be used for retirement or as a bonus. Over time, your employer's stock can add up … [Read more...]

Should I Contribute More to My 401k?

One of the most common questions we get asked by budding investors is how much they should contribute to their 401k plan; more specifically, should they be contributing more? For most, the 401k is going to be a first introduction into retirement … [Read more...]

Six Financial Tips for 20-somethings From Financial Planner Cliff Caplan

It's tempting to think that journalists who write about money for a living have all the answers. (Ugh. You should see my checkbook.) By way of analogy, I'd like to suggest a different way of thinking. We all know Steven Spielberg ranks as one of … [Read more...]

The Five (And Only Five) Times it Might be OK to Tap a Retirement Account

Back in November, I spotlighted a letter from a reader who agonized over a debt dilemma that involved his retirement savings. "Nick from Michigan" wanted to tap his 401(k) to pay off $12,000 in credit card debt, but couldn't pull the trigger. I … [Read more...]

Can I Cash Out My Old 401(k) And Take The Cash?

It's a basic but all-too common question posed on financial blogs like this one: "I just left my job. I have like $1,000 sitting in my old 401(k) and I'm short on cash. Can I just cash out the 401(k)?" About cashing out old 401(k)s Technically, … [Read more...]

Roth 401ks vs. Traditional 401ks

Last week, we asked: 401k or IRA? So the obvious follow-up is: Roth or traditional? If you read that and say, “huh?” Don’t feel bad. Despite hundreds of articles I’ve read on the topic, I have yet to find one that explains the differences between R … [Read more...]

Which Retirement Account Is Right For Me?

Unless you’re new to the personal finance scene, you probably already know that you should be socking away a good deal of money into one of those handy-dandy retirement accounts to prepare for your future. This is especially true for the t … [Read more...]

What To Do If Your Employer Doesn’t Offer a 401(k) Plan

About 75 percent of Americans have done at least a little saving for retirement. Yet only 55 percent of full-time employees in America contribute to an employer-sponsored 401(k) or 403(b) retirement plan, according to reports by the Employee Research … [Read more...]