By Sam Becker October 31, 2022 Billionaires raked it in during the early stages of the pandemic, but 2022 has not been nearly as kind. In fact, since the beginning of the year, some of the world’s richest tech billionaires—a list that includes Mark Zuckerberg of Meta Platforms, Elon Musk of Tesla, and Jeff … Continue reading Big Tech billionaires lost fortunes this year. The hit to your 401(k) might feel even worse
Should You Use a 401(k) to Pay Off Debt? Due / 12 May 2022 As we all know, 401(k) plans are a great way to save for retirement. However, if you have a lot of debt, cashing out your 401(k) is an option; but is it a good option? In this article, we will … Continue reading Should You Use a 401(k) to Pay Off Debt?
Jordan Bishop December 6, 2021 Annuities and 401(k)s are two popular tax-deferred investment vehicles that can provide income in retirement, which is one of the top priorities for the average retiree. However, while they share a set of features and characteristics that make them seem similar, annuities and 401(k) work quite differently, and both have … Continue reading Annuities vs. 401(k): Should I Invest in One, the Other, or Both?
Jordan Bishop November 29, 2021 It’s not easy to keep your cool in the face of a market crash. Even if you were prepared and had a well-diversified portfolio with everything from stocks to bonds to crypto, things can still go south, and it can be hard to stomach when they do. It doesn’t help … Continue reading 5 Tips to Keep Calm When Your 401(k) Crashes
Cynthia Joyce — June 4, 2020 QuinceCreative / Pixabay The stock market has taken investors on a roller coaster ride in 2020. That volatility isn’t expected to ease up as we continue to adjust to a world dominated by the COVID-19 pandemic. Even though there will be more down days in the future, the market … Continue reading How to Make You and Your Employees 401k Millionaires
Robert Gloer — January 2, 2019 Follow @IOUFinancial — January 2, 2019 Today’s employees are looking for more than just a salary—they want benefits. Millennials and those from Generation X, especially, are more financially invested in their future than previous generations and are committed to saving for their future. A company that wants to both … Continue reading Benefits of the 401k Retirement Plan for Small Business Employers and Employees