Small businesses are always looking for ways to compete with big companies in terms of attracting and retaining talented employees. Often, the fees related to offering a 401k plan are too expensive for small businesses to swing, so they go with other retirement arrangements that provide some retirement benefits for their employees. However, they don’t always have the same benefits that a 401k has. … [Read more...]
All the Great Things About Reaching Your Maximum 401k Contribution
Do you make the maximum 401k contribution to your account every year? If you don’t, you have no idea what you’re missing out on. Saving money in your employer sponsored plan isn’t just about putting a little bit away at a time with no plan or end goal in mind. It’s about using your time and the power of compound returns to create the most gain you possibly can. … [Read more...]