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23 Aug '23401(k) Loan – Tread Carefully
Continue readingA 401(k) loan might seem like an attractive option when you’re in need of funds. But it comes with several pitfalls and potential drawbacks that you should be aware of before making this decision. What is a 401(k) Loan? A 401(k) loan allows individuals to borrow money from their own 401(k) retirement savings account. […]
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09 Aug '23Retirement Investing: Meta Platforms Employees
Continue readingHow do Meta Platforms (i.e., Facebook) employees approach retirement investing? Meta offers a 401(k) retirement savings plan for its ~65,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Facebook employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan […]
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26 Jul '23Oracle Employee’s Retirement Investments
Continue readingWhat are Oracle employee’s retirement investments? Oracle offers a 401(k) retirement savings plan for its ~79,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Oracle employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan is a retirement savings […]
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12 Jul '23Retirement Investments of Dell Employees
Continue readingWhat are Dell Technologies employee’s retirement investments? Dell offers a 401(k) retirement savings plan for its ~63,000 participants. Employees can choose to contribute a portion of their income to the plan. But which investments do Dell employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan is a retirement […]
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28 Jun '23How IBM Employees Invest for Retirement
Continue readingHow do employees at IBM choose to invest for retirement? IBM offers a 401(k) retirement savings plan (the IBM 401(k) Plus Plan) for its ~167,000 participants. Employees can choose to contribute a portion of their income to the plan. But which investments do IBM employees pick as retirement investments? What is a 401(k) Retirement […]
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14 Jun '23How Salesforce Employees Invest for Retirement
Continue readingHow do tech workers at Salesforce choose to invest for retirement? Salesforce offers a 401(k) retirement savings plan for its ~50,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Salesforce employees pick as retirement investments? A 401(k) retirement savings plan is a type of defined […]
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24 May '23How Tesla Employees Invest for Retirement
Continue readingTelsa offers a 401(k) retirement savings plan for its 60,000+ employees. Employees can choose to contribute a portion of their pre-tax or after-tax income to the plan. But how do Tesla employees invest for retirement? A 401(k) retirement savings plan is a type of defined contribution plan. The Tesla plan allows for matching contributions, but […]
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03 May '23Why Is My 401(k) Automatically Invested in These Funds?
Continue readingUnless you proactively select investments in your 401(k), you may automatically be invested in the plans default option. These default investment options are called the plan’s Qualified Default Investment Alternative (QDIA). A QDIA is an investment option that is automatically selected for participants in a 401(k) plan who have not made their own investment choices. […]
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20 Apr '23Tech Layoffs – What About My 401(k)? Rollover?
Continue readingA 401(k) rollover might be the right decision after a layoff, but not always. Layoffs at big tech companies have become commonplace lately. If you are caught up in a downsizing, among many challenges, you have a decision your retirement account. Most 401(k) plans allow you to keep your account at your former employer. Or […]
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07 Mar '23How Google Employees Invest for Retirement
Continue readingGoogle offers a 401(k) retirement savings plan for its employees, which is a type of defined contribution plan. Employees can choose to contribute a portion of their pre-tax or after-tax income to the plan, and Google matches a percentage of those contributions, up to a certain amount. Form 5500 lists the investments Google 401(k) plan […]
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02 Dec '22Amazon Employees Retirement Investments – Revisited
Continue readingRetirement investments of Amazon employees brought to us by their annual Department of Labor (DoL) filings. Form 5500 lists which investments Amazon 401(k) plan participants have selected for their retirement funds—giving us insight into how Amazon.com employees choose to invest for retirement. So what do Amazon employees invest in? Perhaps not surprisingly, the Company Stock […]
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07 Oct '22Compounding Investment Returns
Continue readingThe stock market is down significantly this year with many tech companies losing over 30%. Against this dismal backdrop, compounding returns and adding to your investment portfolio may not be top-of-mind. Yet it behooves you to keep in mind that U.S. equity markets historically return about 10% per year on average over the long term. […]
