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Maximizing your 401k: How Plootus can help recent graduates navigate personal finances

College graduation is a huge milestone, but it also marks the beginning of a new chapterfilled with new responsibilities and…

5 ways how Secure Act 2.0 is impacting your retirement plans (401k, 403b and others)

The SECURE 2.0 Act seeks to achieve an increase in retirement savings among people, strengthen retirement laws, and reduce the…

Are You Saving Enough For Retirement?

1) Most workers who are likely to have the ability to save for retirement and to be focused primarily on…

Impending Recession: A Fallout From COVID-19

The market volatility due to COVID-19 has evaporated billions of dollars out of average American only source of retirement i.e. their 401k plans. The…

All You Need to Know About No-Penalty 401(k)/IRA/403b Withdrawal in the CARES Act

Waives the 10% early withdrawal penalty for distributions up to $100,000 from qualified retirement accounts for those affected by the…

What’s in Store For The US in 2020?

Economic Outlook 2020 2019 was full of ups and downs consequent to US-China trade war, Trump impeachment and Brexit, the…

An Open Architecture 401k Plan

An Open Architecture 401k plan allows an employer to change any component of the plan - the third-party plan administrator,…

What is a Self-Directed IRA?

A self-directed Individual Retirement Account (SDIRA) is an IRA account that provides you the flexibility to invest in a wide…

Is Dipping Into Your 401k The Worst Way to Repay Your Student Loan?

Repayment of student loans can be a long, arduous process. If you are fortunate enough to land a high-paying job…

3 Fees That Are Bleeding Your Retirement Assets

Per the US Department of Labor, a 1 % higher 401k plan fees and expenses could reduce your balance at…

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