Inheriting money from a 401k or an IRA can be a significant windfall for many people. The temptation to spend this money may be strong, especially if you have been struggling financially or if you have big-ticket items on your wish list. However, spending the money inherited from a 401k or IRA...

Understanding the average return on investments like 401k, Roth IRA, and direct stock investments is critical for informed decision-making. This blog post will help you compare potential investment gains or losses, offering clarity on how different investment options might perform for you. This...

Thinking about dipping into your 401(k) for some quick cash? Think again! Before you make a move that could impact your financial future you need to make some crucial considerations about borrowing from your 401(k), from understanding the hefty penalties and taxes to recognizing...

Deciding whether to pay off your mortgage or invest more in a 401k retirement plan is a significant choice that depends on individual circumstances. It's a personal decision and can have several benefits.

For instance, if you rely on your pension, social security, or 401k savings to...