Can you believe over 52 million Americans have over 4 trillion dollars invested in 401(k) accounts? While most understand the mechanics behind the 401(k) – allowing workers to save and invest a portion of their paycheck before taxes are taken out – many are not aware that there are things to think about regarding maximizing your account’s financial security.
When you switch jobs, one key task is transferring your regular 401(k), Roth 401(k) or another tax-advantaged retirement plan. Here's what to consider.
If you ever find yourself having to consider a hardship withdrawal from your retirement account, here's some important information to be armed with to help you make the right choices.