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Catch up on some of the latest posts with this week's roundup:
401(k) Loans - What Are They And When To Use Them
I get it. You’re in a jam and need some money quick. And that nice balance sitting in your 401(k) account is calling your name. You’re thinking about taking a loan from it, but you’re just not sure if you should, or how, for that matter. So, what to do…
Should You Maximize Your 401(k) Contributions?by Jared Paul, Capable Wealth
So, you’re starting to make some decent money. You’ve gotten a few raises at work (“How To Ask For A Raise At Work” – Podcast, Article), maybe even that promotion you’ve been after; and are wondering what you should do with that extra cash.
If you think like I do, you’re probably considering ways you can use that extra money to build wealth and create financial freedom (How To Find Your Financial Freedom Number).
For anyone with a corporate job, there is a strong chance your employer offers a 401(k)-retirement plan. And they most likely offer some sort of match.
But how much should you put into your plan? Should you be maximizing your contributions?
The Best Options For Your Old 401(k)s – A Step-By-Step Guide
So, how many different companies have been at in your working career? If you’re like most people today, you’ve probably switched jobs at least a couple times. It seems like some people can switch every six months while others can stay for years.
Regardless, it’s extremely rare to see someone who stays with the same employer for life. Things have certainly changed from the baby boomer generation.
When it comes to moving on to a new job, you eventually have to figure out what to do with your old 401(k).
For more on how your 401(k) works, be sure to check out Good Financial Reads: Understanding Your 401(k)