401k plans can be transferred to a new 401k plan or rolled over to an IRA upon leaving a job.  The latter option is preferred in many cases because you can then choose your investments yourself.  If you do this … Continue reading →

There really is no reason to check on your 401k in most cases.  Contributions are often done automatically every pay period.  Your allocation to funds has generally been chosen ahead of time.  Even rebalancing your funds to their desired allocation … Continue reading →

A good 401k plan offers many investment choice, low costs for mutual funds, low administrative fees, and investment advice at a reasonable cost if you need it.  Unfortunately, most 401k plans are expensive, and constructed by people who are not … Continue reading →

A 401k plan is a type of retirement plan for individual workers in the United States.  A 401k takes its name from a subsection of the internal revenue code.  A 401k is instituted by an employer for the benefit of … Continue reading →

What is a bad 401K plan? It’s a 401K plan that doesn’t have good investment choices.  The fund may be actively managed and very expensive.  There may be few index funds, or funds allocated to a specific area of the … Continue reading →

401k is the most common retirement account most workers have.  This places the responsibility of retirement on the shoulders of the worker.  Pensions have gone the way of the Dodo bird.  Unfortunately, many 401k plans are full of fees, some … Continue reading →