Tag Archives: Investing

Why Your 401(k) May Be Your Riskiest Investment

401(k) In the United States, a 401(k) plan is the tax-qualified, defined-contribution pension account defined in subsection 401(k) of the Internal Revenue Code.Under the plan, retirement savings contributions are provided (and sometimes proportionately matched) by an employer, deducted from the employee's paycheck before taxation (therefore tax-deferred until withdrawn after retirement or as otherwise permitted by applicable law), and limited to a maximum pre-tax…
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7 Things You Need to Know Before You Start Investing

Don't throw your money down the drain! Do a checklist of the 7 Things you really must know before start investing: Know your current financial situation. Know you debts level. Calculate your income and expenses by taking into account the following: Mortgage repayments Personal tax Loans and overdrafts Living expenses Emergency funds Car expenses Entertainment…
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