financial accomplishments worth celebrating

9 Financial Accomplishments Worth Celebrating

Whether we like it or not, our finances provide a foundation for the other aspects of our lives. Failing to have our finances in order can put a strain on our relationships, our careers, and set us back years towards achieving financial independence. The journey towards financial independence can be long, arduous, and flat-out tough.[…]

401(k) loan questions

Frequently Asked 401(k) Loan Questions…Answered!

The majority of 401(k) providers offer a loan provision that allows participants to loan themselves money from their 401(k)’s at a relatively low interest rate. We often get questions about whether it’s a good idea to loan yourself money from your 401(k). While it can seem attractive on the surface due to low interest rates[…]

achieve financial independence

The New Retirement: 7 Habits to Achieve Financial Independence

The FIRE or financial independence and retire early movement has grown in popularity over the last decade. The Great Recession saw many retirement savings wiped out through poor financial decisions coupled with the worst recession of our lifetimes. The traditional retirement mold has been broken. Why wait until your later years to leave a job you’re[…]

how much should i contribute to my 401(k)

How Much Should I Contribute to My 401(k)?

The 401(k) is the primary tool used to save for retirement today. It can be hard to determine how much to contribute to your 401(k) when you factor in debt, savings, and other financial goals. This article explores how to balance the 401(k) contributions with other financial priorities to help you answer the question, how[…]

401(k) rollover options

Left Your Job? Review Your 401(k) Rollover Options

When leaving an employer for a new job, your 401(k) remains in the former employer’s plan. Only when you designate to roll over the 401(k) will the account’s assets be moved. There are four 401(k) rollover options. Each option should be reviewed carefully to make the right choice for you. Read below to review the[…]

Employee Stock Purchase Plans Explained

In addition to the common 401(k) plan, employers may offer what’s known as an employee stock purchase plan, or ESPP for short. The plan allows employees additional benefits beyond the 401(k). If offered by your company, it’s almost always a good idea to participate.  How Employee Stock Purchase Plans Work All ESPPs have a few[…]

Guide to Understanding the 401(k)

One of the most common types of retirement account available in today’s workplace is a 401(k). With social security increasingly hard to rely on, and the lack of pension plans available through employers today, it’s more important than ever to maximize your benefits. It all starts with understanding the 401(k). This guide will provide an[…]