What is a 401(k) Retirement Account?

What is a 401k? A 401k is a retirement account that is offered by your employer. Like all retirement accounts, it offers tax advantages to those that choose to contribute to them. It’s tax advantages differ from other retirement accounts, but a 401k would be the first retirement account that I would contribute to under Read More

Traditional Vs. Roth IRA

IRA stands for Individual Retirement Account. The name is pretty self-explanatory because it is a retirement account that you contribute to yourself. It’s different than a 401(k) because you employer too can contribute to a 401(k). There are two different types of IRAs: Traditional and Roth. If you qualify, you should always choose Roth over Read More