Category: 401K

401K:  Some Facts About The Roth 401K

401K: Some Facts About The Roth 401K

Retirement planning can seem overwhelming at first glance.  The important approach for money smart consumers is to tackle the conversation one small bite at a time.  Today, we want to introduce the topic of Roth 401Ks.  As with any money decision, you want to know the facts about a Roth 401K so you understand what […]

January 13, 2015 | By More
Should You Withdraw Money from Your 401K?

Should You Withdraw Money from Your 401K?

We all know that academically speaking, withdrawing money from your 401K is discouraged.  But, we also know that circumstances arise where consumers are facing a tough life circumstance. In these cases, really tough decisions have to be made.  That’s the reality.  What we want to remind MoneyBasicsU readers is to make certain and know all […]

December 11, 2014 | By More
Why Pay Attention to the New York Stock Exchange?

Why Pay Attention to the New York Stock Exchange?

How about two pieces of trivia regarding the New York Stock Exchange?  (1) ●  The first stockbrokers met under a buttonwood tree in New York on May 17, 1792 to “sign an agreement that would establish the rules for buying and selling bonds and shares of companies.” ●  The Stock Exchange building today, opened on […]

December 6, 2013 | By More
It’s Time to Review Your 401K!

It’s Time to Review Your 401K!

Are you one of those consumers who never look at their 401(k) statement? There was a time not too long ago when the stock market took a nasty little downward trend losing approximately 20 percent of its value by mid-2008.  Rest assured I often heard co-workers say, “I don’t want to look at my 401(k) […]

January 10, 2013 | By More