Global Funds & Investment News
Many people currently working in the Republic of Ireland are failing to plan adequately for their retirement. The first thing to consider is, of course, starting a pension plan; it’s been estimated that up to 46% of the population do not currently have a pension plan in place.
The state pension is currently providing pensioners with €11,976 per year, so failure to plan for retirement could see much of the population living below the poverty line. Continue reading ‘Starting a Pension Plan’ »
In the wake of the financial crisis and the resulting recession, many companies have been reducing or suspending contributions to their 401k Plan. Many people don’t realize that many 401k plans, are forced to make a matching contribution. Even if the company says it has stopped matching, it may be forced to make a match.
The question that most people have is, “Should I Continue To Make Contributions If My Company Is Not Matching My 401k?” The answer is, definitely yes if your 401k is considered top heavy. Continue reading ‘Companies Cut Back on 401k Match – What To Do If Your Company Stops Matching Your 401k’ »