Patrick Harwood

Administrators and employers don't make it easy. Understanding what is available to you for your 401k investment is one thing; deciding how to manage and what to do with your investment is another. Learn how you can manage your 401k…

Small businesses that sponsor a retirement plan are eligible for a special tax credit. They may claim a tax credit for a portion of their retirement plan startup expenses for the first three years of the retirement plan's existence. The tax…

Because most employers allow their workers to self-direct their 401k funds, there are usually a diverse range of investment options open to 401k account holders. If you select sound investments to make with your 401k money, you could wind…

Your move upward on the corporate ladder means that you will have additional income to save for retirement. Many professionals believe that they are locked into a certain deferral level as regards their 401k account. You should investigate…

The difference between an employee-sponsored 401k account and self-directed 401k is the organization coordinate. Companies match each employee's contributions to their 401k up to a certain percentage or monetary value. In order to reach the…

The IRS, through tax code 401k, gives qualifying employees immediate income tax reduction and upside market potential for saving, so take advantage! 9 Steps to Make the Most of Your 401k 1. Determine how much of your…

Gold has traditionally been viewed as a safe haven investment in times of economic turmoil and distress. In the past, gold has often increased in value as financial assets have deteriorated, making it an attractive option to those who…

An annuity is a contract between an individual and a financial institution like an insurance company where the individual provides a lump-sum payment to the insurer. In return, the insurer invests the money on a tax-deferred basis and gives…

Value and growth index funds are two types of mutual funds that take a different approach to investment strategy. The goal for both strategies, however, is to take advantage of movements in the stock market to capitalize on the investment.…

Inflation is the ascent in the costs of products and enterprises over some undefined time frame. This means that with inflation, the purchasing power of a dollar a year ago is less than it is today. As a result, if you save your money…