What is a 401(k)?

What is a 401(k)?

A 401(k) is a retirement savings plan that is usually offered by an employer. If you work in education, your employer may offer you a 403(b), which is essentially the same thing. Additionally, if you’re self-employed, you can open a SEP 401(k), though they are a bit more complicated and while the essence of a…

How to Make Some Provisions for Retirement

It’s never too early to think about retirement. It will come one day and those who even save a small amount while they are in their 20s are likely to have a much more comfortable and satisfying time than those that spend all their income as they go along. The Social Security System was never…

JC's Pie Pops

Accountability: August 2014

Profile I am thirty years old and the first full month of my 30’s didn’t go so badly. It still might be the year of Mel. I work as an assistant production manager and, my yearly salary is $53,560. Saving & Spending: The Good The good has been the $600 that went into my IRA…