The Roth IRA is an excellent place to store up money for retirement. It provides great tax benefits, and the early withdrawal penalties prevent most people from taking the money out too soon. But there are times when a person needs to access this money. They just have too many bills that have piled up,…
One of the easiest ways for people to plan for retirement is with a 401k. The contributions are taken right from their paycheck, often matched by the employer, and most of the time the employee does not even notice the money is gone. During their working career people are usually on the search for a…
Employer sponsored retirement plans are excellent resources to have available at work. Unfortunately there are a lot of fees, rules, choices, and complexity involved with them. Often people opt out completely when planning for retirement in order to avoid making the decisions, and far more than necessary of those who opt in get burned. They…
There comes a point in everyone’s life where they will stop working. For most people it will be at the end of their career, when they are simply too tired to keep up with the daily grind. Retirement is something for which a worker should actively plan. Since social security was only designed to cover…