A 401(k) account is one of the most valuable tools for saving and planning for retirement. Many plans offer features that can help you set aside more of the money you earn for retirement and grow wealth for your financial future. If you’re able to save the maximum amount available, you should. Here are a
If you’re facing unemployment or concerned about the possibility of upcoming layoffs, there are some small, proactive steps you can take now to help make this difficult time more manageable. Build Your Network. It’s estimated that over 80% of open positions are filled through networking.1 The easiest time to build your network is while you
When you are apart of a small or large layoff there a few key points and decisions you will need to make. Key points Work closely with your financial advisor to establish spending priorities and determine the best options for managing retirement assets. Apply for unemployment benefits immediately. There are strict deadlines that can’t be missed.
Layoffs are a fact of corporate life as companies cope with economic cycles and global competition. If you get caught in a corporate downsizing and you are not immediately moving to a new employer, you commonly have three options for your retirement plan assets: Leave your money in the current plan. Take a cash
I have seen a lot of people over the years leave a lot of money on the table by not taking advantage of all of the benefits that their employer was offering them. Your total compensation could be more than just your wages if your company offers additional benefits. The three most common mistakes I