Put That Old 401k to Good Use
A company sponsored 401k plan can be a great way to save for and build your financial future. These savings plans allow for pre-tax contributions from your paycheck, and the funds are deducted from your gross pay automatically. They can have numerous potential advantages that include: Matching contributions Tax-deferred earnings Various investment choices The ability to borrow money from your account and pay yourself back with interest. However, once you leave an employer you may have some choices to make. You can: Let your account... Continue Reading
Category | IRA