.: 403(b) Top Related Articles
1). Sound Wealth Building Tactics
Have you noticed that everyone wants to be rich, but few people seem to want to build wealth the old fashioned way: step by step? If you have tried the “lottery method” and it hasn’t worked out, read on for some tips on how you can build wealth for a better future.
Save Sooner, Rather Than Later. Attention, procrastinators: listen up! One thing you don’t want to put off is saving for the future.
Article tags: wealth building, savings, retirement, 401(k), 403(b), roth ira, money markets, stocks, bonds, credit
2). Vesting and Your 401(k)
Do you have a 401(k) retirement account? Are you vested yet? Before you move on to your next job, it is critical for you to find out if you are fully vested in your retirement account before you make the move. If you are not, you could lose hundreds if not thousands of dollars in employer contributions.
Vesting refers simply to the non-forfeitable percentage of your account’s assets.
Article tags: 401(k), 403(b), retirement savings plans, rollover savings, personal investing, savings, pensions
3). 6 Proven Wealth Building Strategies
Building wealth is as simple as saving a little bit here and a little bit there. You need not have great riches in order to accumulate wealth, but you need to have the drive, determination, and discipline to successfully increase your wealth. Let’s look at 6 proven wealth building strategies you can put to use today.
1. Pay Yourself First. If you do not set aside money before you start paying your bills, chances are you will never save any many after you pay these same bills.
Article tags: wealth building, 401(k), 403(b), stocks, bonds, gold, silver, precious metals, real estate
4). The Third Step You Have to Take to Get Rich In the Stock Market!
This step is really important and most people just don’t get it. Listen carefully — you have to deferred, avoid, and reduce capital gains taxes to the bare minimum! Well, how do I do that you ask? The best thing to do of course is to completely avoid capital gains taxes. The only way to do that is to open a Roth IRA. The reason you avoid capital gains taxes is that you pay your income taxes first and then you never pay taxes on any profits of the money you put into your Roth IRA.
Article tags: stock investing, stock investor, stock market, roth ira, 403(b), 401(k), long term capital gains, short term capital gains
5). Forecasting the Future Value of Your 403(b)
If you’ve got Microsoft Excel (or just about any other popular spreadsheet program) running on your computer, you can use its FV function to forecast the future value of your 403(b) account.
The FV function calculates the future value of an investment given its interest rate, the number of payments, the payment, the present value of the investment, and, optionally, the type-of-annuity switch.
Article tags: 403b, 403(b), retirement, investing