According to the financial experts, I just made a huge mistake. In fact, if you ask them, I most likely ruined my ability to ever retire. I recently took out a loan from my 401k to do some debt consolidation, and contrary to what the so called … [Read more...] about 5 Reasons A 401K Loan Is A Good Idea For Debt Consolidation
I haven't written for a while because things have been hectic here in the Clever Dude household! We've had some health problems in the family this year, and some major home projects, and I've been enjoying Brock's different perspective on finances, … [Read more...] about Wait, we should be maxing out our 401k’s?
(The following is a guest post) If you’re looking to buy a home, but you’re struggling to find enough money to cover the down payment, you may have considered using your 401k to make up the difference. With a 401k, there are two main options … [Read more...] about Using a 401k to Buy a House?
Shadox from Money and Such wrote up an excellent article about 401k Matching Pitfalls. After waiting for a year before my employer began matching contributions, I finally began contributing to my 401k this past May (my 1 year anniversary at my … [Read more...] about 401K Matching and Vesting
This tax season, I was quite surprised when I found out we weren't getting the $5,000 tax refund we got last year. Actually, we owe about $1500 (federal). What happened? 1. We (combined) earned about $X0,000 more from 2005 to 2006 because of … [Read more...] about No Employer 401k Match – Should you still contribute?
Law firms are small communities of staff members that work together closely and have a lot of interactions with each other regularly. Effects of poor environments include disengaged workers with 37% higher absenteeism, 49% more accidents, and 60% … [Read more...] about How to Keep Your Law Firm Employees Happy
