Not all 401(k) plan participants are completely educated about their 401(k) plans and really do have a lot of misconceptions about it. So how much do you really know about your 401(k) plan? Let's find out.
The entire 401(k) account...
Planning for income to be received after retirement is your responsibility, especially since the traditional employer-funded retirement plans and their popularity is fading. With a high-powered lifestyle and growing needs, Social Security benefits may not be enough to insure...
Retirement can be a much-needed respite if one plans ahead. With no stable source of income, the retirement period requires regular funds to cover various expenses. Fortunately, there are several ways to get financial support and security during retirement,...
Investing in mutual funds is a great way for seniors to manage finances and ensure a flow of income. It can help one earn a few extra bucks, making it easier to manage daily expenses. That said, deciding which...
Retirement allows seniors a much-needed breather after many years of hustle at work. But because there is no steady source of income, the initial days of retirement can be overwhelming. The American Association of Retired Persons (AARP) is a...
Auto insurance could help one in various ways, including covering damaged parts and a certain percentage in case of an accident. There are several insurance options available in the market. But, as a senior citizen, a common obstacle in...
A credit card can be a suitable tool for seniors, offering a range of benefits that can help them save money while traveling, dining out, and managing monthly healthcare expenses. However, with so many credit card options on the...