Recently I shared a post on retirement readiness that focused on the employer’s responsibilities in helping employees build a retirement plan balance that is sufficient for them to retire without a reduction in standard of living. But employees won’t succeed in achieving their retirement dreams unless they do their part as well.
A frequent question I get from 401k plan participants is “What type of contributions should I make Bob, Roth 401k contributions or traditional pre-tax 401k contributions?” It now appears that everyone would be better off making Roth 401k contributions only. Here’s why.
Follow these 10 steps to achieve your retirement goals.
Prepare your 401(k) account for the coming bear market.
It’s one of the worst financial decisions you can make.
You will be surprised at many of these.
You will be surprised by the answers to your most frequently asked questions.
After more than 30 years of conducting education meetings, I suggest the following 401k education best practices.
Listed below are obstacles that 401k plan participants need to overcome to propel themselves successfully down the road to retirement readiness.
Here are some of the 401k investing errors your participants often make and suggestions on what you can do to help them avoid the most common 401k investing mistakes.