One of the best times financially is when you’re in your 20s – you’re likely not married, don’t have a mortgage or other obligations, and your job is probably the least demanding it will ever be. If you take advantage of this time, you’ll be very well off in the future, but if you waste …
Read More5 Money Mistakes to avoid in Your 20s and How to Fix Them
You told me that one of the biggest advantages of a 401k account is the employer match. But can you explain it to me? Employer match means that your employer also contributes money to your 401k account – in addition to the amount you contribute to it yourself. This is essentially like getting free money …
Read MoreWhat is 401k Employer Match or Contribution & Vesting Schedule?
Can you tell me about a 401k? A 401k is a tax deferred account offered by employers as a part of their benefits package, through which you can invest money for your retirement. Since these are offered by employers, you can open a 401k account only if your employer offers it. How does a 401k …
Read MoreWhat is a 401k Account? How it works, Pros and Cons
