Blooom 401k: Automated Management – Is It Better?
March 31, 2022
In a Nutshell: Blooom is a robo-advisor automated investment app that helps you manage retirement. It works with your company-sponsored 401ks and with some IRAs as well. What’s different about Blo..
Betterment 401K – Is It for You?
March 26, 2022
Betterment 401K Overview Betterment is a robo-advisor app and website that now also offers 401Ks under the same brand (Betterment for Business). You can still choose to work with Betterment 401K even ..
Why Are 401(k)s Not More Popular Among Americans?
November 19, 2020
While 401(k) plans continue to be the wise choice among Americans, it is strange to find that not everyone advocates the plans. As the contributions to the plans are tax-free, and taken directly from ..
4 Critical Things to Know About 401k Vesting Schedules
July 22, 2019
What is a 401k? A 401k is an employer-sponsored retirement account where employees can contribute a set amount or a percentage of their wages into an investment account which can then be used later fo..
Traditional IRA vs. Roth IRA vs. 401k
June 11, 2019
Congratulations! Landing on this page means that you are likely planning your retirement. While it might sound like an ordinary thing to do, most people don’t pay nearly as much attention to their f..
Why a Roth 401K Plan Makes Sense For You
September 11, 2018
Most everyone knows about a 401k plan. It is a typical benefit employers provide to help their employees save for retirement. While there are many benefits to investing in a 401k plan, there ar..
The Link Between Retirement and Investing
March 21, 2018
Before the turn of the 21st century, it was common for companies to offer their employees a pension. This pension system worked by shifting the burden of saving for retirement onto the employer instea..
Understanding 401k Plans
September 19, 2017
Since the first 401k became available as part of The Revenue Act of 1978 they have become a mainstay in retirement planning. While most people are familiar with the 401k plan, many people struggle wit..
How To Turn Your 401k or IRA Into a Paycheck Machine for Life
May 19, 2016
Since the early 1980s, 401(k)s and individual retirement accounts have become the dominant way that workers save for retirement. Yet many workers long for the days of traditional pensions when you cou..
401(K) Basics For Your First Real Job
December 5, 2015
Many of our readers are “Millennials” and people who are even younger than that. For people in this age group, everybody knows that the economy they entered in their young adulthood was not the be..
Rolling Over a 401(k) to an IRA
March 20, 2015
With 401(k) plans becoming less and less useful, many investors are looking for other options to grow their money such as by using Betterment. One of the main drawbacks of the modern 401(k) is it’s ..