What is an 801k retirement fund?

Answer Deciding on a retirement plan can be a daunting experience. Luckily there are options to choose from that suit different needs and desires. One of the plans that is getting attention is the 801k re... Read More »

Top Q&A For: What is an 801k retirement fund

Is a 401(k) a vested retirement fund?

You are immediately vesting in your own contributions to a 401k plan, which means if you leave your job you can keep your contributions. However, companies may require you to work for several years... Read More »

What is a SIMPLE IRA retirement fund?

SIMPLE is an acronym that stands for savings incentive match plans for employees. A SIMPLE IRA is a retirement savings plan some employers can offer their employees.Individual ContributionsThe annu... Read More »

What is the difference between a retirement annuity and a pension fund?

Retirement planning is fraught with a lot of jargon and competing products sold by brokers. Two common types of products to help people save for retirement include retirement annuities and contribu... Read More »

Rollover Retirement Fund to Conventional IRA Vs. Roth IRA?

When it comes to deciding the destination for your 401k rollover, it may feel like one IRA is just as good as another. Choosing a Roth over a traditional IRA--or vice versa--has both long- and shor... Read More »