Retirement Planning

/Retirement Planning

NerdWallet: Maximizing Contributions

By | 2014-04-02T19:54:00+00:00 April 2nd, 2014|Categories: Retirement Planning|Tags: |

I am 32 and max out my retirement savings every year through 401k and IRA. I also save an equivalent amount that I put into savings/investment accounts. How should I think about trading off between maximizing my contributions to retirement accounts versus putting less in my retirement accounts so I have more liquid assets to put [...]

NerdWallet: 401(k)

By | 2013-12-23T20:37:00+00:00 December 23rd, 2013|Categories: Retirement Planning|Tags: |

What happens to your 401k if you quit your job/move to another company?   Shaun Erickson CFP® Boston, MAWhen you leave, you will typically be given information on your options for your 401k plan.  Generally, you have a few options: 1) Leave it in the plan (not all companies allow this option) 2) Cash out (pay tax and [...]

NerdWallet: Traditional IRA

By | 2013-12-23T20:32:00+00:00 December 23rd, 2013|Categories: Retirement Planning|Tags: |

If I'm around the limit for a Roth IRA (110k single I believe), should I open a traditional IRA as well? I'm starting to max my 401k and want to open an IRA as well and start maxing it. 1 person found this answer helpful Shaun Erickson CFP® Boston, MA You should discuss the benefits of this with your [...]