#401k-plans

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I was laid off 9 days before becoming fully vested in my 401(k) - what are my options?

Corporations lack loyalty to employees, viewing them solely as numbers for profit.
HR departments are more protective of corporate interests than employee welfare.
Understanding 401(k) vesting timelines is crucial, as companies may not communicate them transparently.

My mom owns a small LLC and wants to add a 401(k) for her employees - is this the right move?

Employers must ethically compensate and treat their employees fairly.
Small businesses face challenges when implementing 401(k) plans but can seek community support.
Expert consultation is critical when choosing retirement plans.

We're in our late 30s and already have $1 million in our 401(k) - where should we stash our extra savings?

Diversifying account types is essential for smart financial planning.
Continuing to invest solely in tax-deferred accounts might not be wise, given the couple's current financial status.
#retirement-savings

The 3 Biggest Mistakes You Can Make With Your 401(k)

Americans are saving more for retirement, but challenges persist with median 401(k) balance low and concerns of outliving money.

The Biggest Red Flags Lurking in Americans' 401(k) Plans

401(k) plans are essential for retirement savings, but they vary significantly in quality and benefits.

Workers feeling more confident about meeting retirement goals: Charles Schwab

U.S. workers' confidence in meeting retirement savings goals has risen, with 43% feeling optimistic as inflation concerns eased.

Countless Americans Are Making These Costly 401(k) Mistakes

Many Americans neglect to contribute to their 401(k), risking their retirement finances.
Early withdrawals from a 401(k) can lead to penalties and lack of retirement savings.
Not maximizing employer match leaves free money on the table.

Job-hopping could mean bigger salaries, but a $300K lifetime loss in retirement savings

Job-hopping can lead to significantly lower retirement savings, costing individuals over $300,000 by the end of their careers.

The 3 Biggest Mistakes You Can Make With Your 401(k)

Americans are saving more for retirement, but challenges persist with median 401(k) balance low and concerns of outliving money.

The Biggest Red Flags Lurking in Americans' 401(k) Plans

401(k) plans are essential for retirement savings, but they vary significantly in quality and benefits.

Workers feeling more confident about meeting retirement goals: Charles Schwab

U.S. workers' confidence in meeting retirement savings goals has risen, with 43% feeling optimistic as inflation concerns eased.

Countless Americans Are Making These Costly 401(k) Mistakes

Many Americans neglect to contribute to their 401(k), risking their retirement finances.
Early withdrawals from a 401(k) can lead to penalties and lack of retirement savings.
Not maximizing employer match leaves free money on the table.

Job-hopping could mean bigger salaries, but a $300K lifetime loss in retirement savings

Job-hopping can lead to significantly lower retirement savings, costing individuals over $300,000 by the end of their careers.
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