Patrick Harwood

401k accounts are employer sponsored retirement accounts. These accounts are opened up by employers. Employees contribute to an account which is set aside for them, but is managed by a plan administrator. As you reach retirement age, you…

As a self-employed individual, you have the option to participate in a 401k and contribute more than the average person to your account. This type of account is also sometimes referred to as the solo 401k. With this type of account, you can…

Your 401k is a tax-sheltered plan intended to help you save money for retirement. These plans have strict rules that prevent you from contributing more than the amounts specified by the Internal Revenue Service. Early withdrawals from a…

401(k) plans are retirement plans that are sanctioned by the IRS. These plans are considered tax shelters, which help you save money for your future. They have special contribution and withdrawal restrictions, however. When considering a…

American workers often have the option to set aside money before taxes for retirement. These retirement plans are called "401(k)" plans and often involve a company matching all or part of an employee's contribution to the plan. This company…

Although 401k plans and real estate investing are completely different investment strategies, you can build substantial wealth over time using either strategy. 401ks are defined benefit plans made available to employees via their employer…

If you happen to work for an employer who sponsors a 401K retirement program, you've made an important investment in your future. It behooves you as an employee to take that investment seriously. According to the 401k Help Center Website,…

For everyone the term ultimate net worth means something different. For some it might mean freedom and for others it may mean security. Whatever it means for you this guide will help you create your ultimate net worth. Ways to…

Cash gifting is a business venture where people send a monetary gift in exchange for an informational product. Those who join, in turn, market their opportunity to others and start receiving gifts themselves. There are many cash-gifting…

Trying to figure out how to allocate your 401k investments can be a challenge if your not familiar with the options your plan offers. From large cap funds to target date retirement funds, the choices can be overwhelming. Here are some tips…