Helpful Retirement Savings Tips
With thousands of investment possibilities, complex rules governing retirement plans, and the unpredictable future of consumer prices, most people don’t even know where to begin.
What To Do With Your 401(K) Plan When Changing Jobs
When you leave your current employer, you can withdraw your 401(k) funds in a lump sum. To do this, simply instruct your 401(k) plan administrator to cut you a check. Then you’re free to do whatever you please with those funds.
401(k) Plans for Small Businesses
Small business owners looking to adopt 401(k) plans are sometimes discouraged by the typically high costs and complicated testing requirements associated with plan administration (see italicized note below). Fortunately, over the past few decades, legislators have introduced a number of simplified alternatives to the traditional 401(k) to help encourage more business owners to adopt these potentially valuable retirement benefit programs.
Importance of Naming Beneficiaries on Your Lockheed Martin 401k
It’s vitally important to review your beneficiaries and make necessary adjustments to your Lockheed Martin 401(k) as life changes.
Lockheed Martin 401(K) Rollover Mistakes
Learn the things you need to know before you rollover your Lockheed Martin 401(k) to avoid making some common mistakes.
Changing Jobs? Know Your 401(k) Options
If you are changing jobs, you may be wondering what to do with your 401(k) plan account. It’s important to understand your options.
Reaching Retirement: Now What?
You’ve worked hard your whole life anticipating the day you could finally retire. Congratulations — that day has arrived! But with it comes the realization that you’ll need to carefully manage your assets to give them lasting potential. Review your portfolio regularly Traditional wisdom holds that retirees should value the safety of their principal above […]
Why have a Roth 401(k)?
Traditionally, employers only offered a tax-deductible 401(k) plan to their employees. But now, most employers also offer a Roth 401(k) plan.
Should Crypto Assets Be Used in a Retirement Portfolio?
As the world shifts and changes, so does the investment market and how you plan for retirement. Lockheed Martin is made up of hundreds of thousands of employees ranging from just starting their career and receiving their first “real” income to those who are on their way out to enjoy retirement. One thing that all […]