Let’s be honest here: something for nothing is what we commonly believe to be the definition of free. However, even free offers have a cost. In the area of your 401k plan, your employer will likely offers free tools. Common among them will be informational brochures on how the plan works, how you opt-in,…
Tag Archive for retirement savings account
The Second Best Rule in Your Arsenal of Ways to Save Money.
by George Huss
Recall we said the number one rule for ways to save money was ~ pay yourself first! Here is the second rule ~ take personal responsibility! What does that have to do with money saving tips? What does that have to do with my retirement savings account and my 401k plan? Everything! Let me explain…
How Rebalancing of the Target Date Fund Among Your 401k Options Really Works.
by George Huss
This is an important enough concept to spend a bit more time explaining. Recall the Target Date Fund in your 401k, in theory, is to protect your retirement savings account by rebalancing your portfolio every year
Understanding Your 401k Options.
by George Huss
You have taken the first step and resolved to pay yourself first. Good. Now what? photo © 2010 Andrew Steele | more info (via: Wylio) Let’s look at what is inside your 401k. Most plans today have some number of investment choices on the main menu. They are almost all mutual funds. The notable…
