Featured Posts
The Future of Business is Changing
Read more from our writers on how we think our future business world and what you can do to prepare for the change.
Alternatives to a 401k
One of the most important things to think about when it comes to retirement is whether or not retirement is a financially viable option for you. This means that over the course of your working life, you should be investing in some kind of retirement plan. Traditionally, this would be a 401(k), but the options are endless! Here are just a few:
The Pros and Cons of 401(k)s
If you’ve worked for a medium or large company, chances are good you’ve heard of or have a 401(k) plan. It’s the most popular retirement savings plan in the U.S. A 401(k) plan is a retirement savings plan sponsored by one’s employer. It allows employees to set aside a percentage of their income to save for retirement, usually through direct deposit.
What Could President Biden’s Proposed Changes to 401(k) Plans Mean for You?
The 401(k) plan was introduced in 1978, and since then has become one of, if not the, most popular retirement plan in the US. 401(k) retirement plans are offered by employers, and give employees the opportunity to save for retirement while they earn. 401(k)s also offer a tax break on employee income—income set aside in a 401(k) is not taxed until it is withdrawn years later. Some employers will match a percentage of an employee’s contribution incentivizing the use of these plans.
401(k) Plans Explained
401(k) plans have been around since the late 1970s and have become an integral part of almost every single career known to man. However, there are many people that get bogged down in all of the details of what these plans actually are. If you are one of those people, you’re in luck! We’re going to break it down for you.
Pilfering Your Pension During the Pandemic
TIMES are unusual for certain, and many of us are concerned about our monthly cash flow – incomes may have dried up, but outgoings have not. But if we do not want to run up credit card debt to pay for our utilities, where else may we get our hands on some accessible cash? Many of us have savings in our retirement accounts – 401k or IRA accounts – and there are ways to access this money.
What Employees Value in a Modern Workplace
The quintessential “traditional” workplace is being phased out as employers shift the benefits they offer to reflect those that modern employees value most in a company to which they're considering applying.
Post-Pandemic: Maintaining and Growing 401(k)s in the New Economy
The number of companies offering pensions has decreased dramatically in recent years, and the prevalence of employers opting for a 401(k) in their place is projected to continue to flourish in a world on the other side of the Coronavirus. If you have a 401(k) retirement savings plan, the effort to predict how a post-pandemic economy will affect your nest egg has probably been top of mind.
UpDATA : Business & Finance Trends
Who We Are
Read more about who we are and what we’re about below.
Write for Us.
Do you have a topic you’d like to see posted on our blog? Write for us! Send us a message with your topic suggestion and we’ll be in touch with next steps.