Tag: retirement planning

How should I structure my retirement portfolio?

Answer: Your first step is to take advantage of tax-favored retirement savings tools. If you have access to a 401(k) or other employer-sponsored plan at work, participate and take full advantage of the opportunity. Open an IRA account and contribute as much as you can. Ideally, you'd be able...

401k planning, employer-sponsored plan, ira, retirement planning

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Taking Advantage of Employer-Sponsored Retirement Plans

Taking Advantage of Employer-Sponsored Retirement Plans Employer-sponsored qualified retirement plans such as 401(k)s are some of the most powerful retirement savings tools available. If your employer offers such a plan and you're not participating in it, you should be. Once you're participating...

retirement planning, small business, small business retirement

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Understanding the Civil Service Retirement System (CSRS)

What is the Civil Service Retirement System (CSRS)? Federal employees hired before January 1, 1984, were automatically covered by CSRS, which was created in 1920. CSRS covered most federal employees until the Federal Employees Retirement System (FERS) was enacted. Today, most federal workers are...

Civil Service Retirement System, csrs, federal employee benefits, retirement planning

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Retirement Planning: Will your money outlive you?

Before you retire, take the time to figure out just how much money you'll need for retirement. If you've planned well and in advance, it's possible that you'll have plenty of money to last throughout your retirement years. In fact, you may discover that your retirement savings actually exceed...

401k planning, retirement planning, retirement savings

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