Your Guide to Retirement Plans
401(k)'s
There's a good chance you have a
401(k) plan offered to you through your employer. Let us teach you about
limits,
hardship withdrawals,
loans,
and various
types of contributions.
Profit Sharing
You may be one of the lucky ones whose employer actually offers
profit sharing contributions.
Profit sharing are plans are simply another type of defined contribution plan. Learn about them here.
Roth 401(k)
Roth 401(k)'s are still the new kid on the block in the world of retirement plans. Learn if you should
contribute
to one, and determine how
tax diversification can be a lifesaver in retirement.
Thrift Savings Plan
The
Thrift Savings Plan is a retirement program designed
specifically for employees of the federal government and members of the uniformed services. Also learn about the
TSP investments.
Learn About Investments
What about your investments? Do you even know what's offered in your retirement plan? If you don't, that's okay.
Believe it or not, many people don't know what their investment options are.
But it's time to start fresh! Now is the time to understand where your money is. By not taking this important
step you leave yourself wide open to unnecessary risk in the market, making your entire investment strategy completely ineffective.
Mutual Funds
Mutual funds are generally the primary investment vehicle within your retirement plans whether they are 401(k)'s, IRA's, or any other type of plan.
There are many different types of mutual funds, so you will need to pick carefully and choose ones that are in line with your retirement goals.
Stocks
Review our
introduction to stocks. You'll learn the difference between
common stock
and
preferred stock. You will also learn about making money through
capital appreciation
and
dividends. Also, don't foget to review the
different types of risk
associated with investing.
Bonds
Review
'what are bonds?' Here you will learn all about bonds. This is an
important topic since bonds are the foundation of many mutual funds.
Other Items You'll Find Here
This site is a constant work-in-progress. Our work here is never finished! We really do want you to learn, so we are
continually adding new things that will give you a better experience on our site as well as give you better information. Below are some items
we have added that will hopefully give you a better experience such as our blog, articles, and quizes. We hope you bookmark us and visit us often.
Thanks for stopping by!
Retirement Articles
Our articles contain tips on saving and investing in your retirement plans, as well as provides industry updates that may impact your
retirement savings.
Retirement Quizes
Test your knowledge on various subjects related to retirement plans using our fun and quick quizes!
These quizes are intended to help you learn more about the very plans you invest in.
Retirement Calculator
Interested in getting an idea of where you stand retirement-wise? You'll want to use
an online
retirement calculator for that. We have a couple that may work for you.
Check them out here.
Like death and taxes, retirement is certain (hopefully!) But with all the different types of plans
that exist today it's easy to feel lost and confused. Maybe you work for a company that offers a Profit Sharing or 401k Plan, but you have no idea how much to
contribute or how to invest your money. Do they offer a Roth 401k?
Maybe you're a small business owner looking to set up a retirement plan for yourself or the few employees
you have working for you, but names like Keough and SEP sound completely foreign.
Maybe you're part of the fortunate minority who still has an old-style pension plan. But you're concerned
about whether that pension money will be able to support you during retirement and you want to set up supplemental investments.
Or, maybe you're an individual investor wanting to save for retirement but you can't decide between
a traditional IRA and a Roth IRA.
The truth is there are a lot of different types of plans. They all have different rules and advantages and disadvantages.
So how do you keep up?
Right here. Guide-to-Retirement-Plans.com. Feel free to access our SiteMap to search
for all the questions you need answers for.
What You Will Find On Our Site:
- the various types of plans and who they are designed for
- the types of investments offered with explanations on how they work
- determining the proper asset allocation for your investments
- uncovering hidden fees in your that may be draining your savings
- how to move your money without letting Uncle Sam touch it
- the history and evolution of retirement plans
