When you have a “triggering event,” such as leaving your job, you can make changes to your employer-sponsored 401(k) plan. Because this is YOUR hard-earned money, you want to make sure you understand what you can do with it. Which leads us to your four main options: Leave your 401(k) with your previous employer Roll your 401(k) into your new…
Higher yields. Lower risk. Your own investment choices. Sounds too good to be true. But it’s not. If you’re over age 50, and you’re planning on retiring within 15 years, you should have at least 50% of your investments in fixed-income strategies. Which is why you should consider private lending through your Self-Directed IRA. In this VBytes episode, learn the…
Financial planning can seem daunting. Especially if you don’t know where to start. You might ask yourself: What factors do I need to consider to plan for my financial future? How liquid are my assets? How do I know whether I have enough money allocated to short-term and long-term goals? These are important questions that can be answered by creating…