by SDP Team | Feb 1, 2024 | 401(k), Money in A Growing Family
One of the common threads of a mobile workforce is that many individuals who leave their job are faced with a decision about what to do with their 401(k) account.¹ Individuals have four choices with the 401(k) account they accrued at a previous employer.2 Choice 1:...
by SDP Team | Feb 1, 2024 | 401(k), Money in A Growing Family
While many people are familiar with the benefits of traditional 401(k) plans, others are not as acquainted with Roth 401(k)s. Since January 1, 2006, employers have been allowed to offer workers access to Roth 401(k) plans. And starting in 2023, retirement rules were...
by SDP Team | Jun 19, 2019 | 401(k)
You probably know that your 401(k) is an important tool for saving for retirement, but do you have any idea how it compares to the rest of the plans out there?Many workers assume all 401(k) plans are more or less the same, but that’s a misconception — especially when...
by SDP Team | Sep 7, 2017 | 401(k)
How much of your employer’s company stock should you consider in your 401(k) account? Should an employee hold company stock in their 401(k)? A common mistake many employees of large companies make is holding too much of their retirement savings in their company’s...
by SDP Team | Jun 1, 2017 | 401(k)
This may be one of the best things you can do for your financial health. If you had a chance to save hundreds of thousands of dollars over time at no great cost to your lifestyle or your monthly budget, would you take it? An easy-to-use retirement savings option that...
by SDP Team | Jun 1, 2017 | 401(k)
Danny Kofke, a 41-year-old middle-school teacher outside of Atlanta, often looks at a picture of a family trip to Disney World from a few years ago — to him, it exemplifies what he’s working toward in his retirement: more trips and long-lasting happy memories. He and...
