Category: Retirement

Storytime! “I Cashed Out My 401K!” – 401K Taxes & Early Withdrawal Penalties

Storytime! “I Cashed Out My 401K!” – 401K Taxes & Early Withdrawal Penalties

401K Taxes & Early Withdrawal Financial literally is important and as a personal finance blogger I sometimes take my knowledge for granted. This particular story happened to a former schoolmate of mine. She received what she thought was a “blessing” check. I would like to […]

Is Your 401K Plan & Match Good Enough?

Is Your 401K Plan & Match Good Enough?

Is Your 401K Good Enough? An employer sponsored 401K plan match is one of the better known benefits of having a salaried position. Besides contributing the $18,000 limit annually, the simple answer is yes (with lots of caveats)! Our definition of ‘good enough’ is simply ‘are you on the right track […]