Starting a New Job
Whether it’s your very first job or mid-life career change, starting a new job requires some prep work. With the days of “30 years and a gold watch” in the rearview mirror, it’s smart to think like an entrepreneur to ensure your long-term success.
In today’s shifting economy, repositioning yourself--whether due to downsizing or career strategy--has made job-switching itself a crucial job skill. Knowing when and where to leap and how to put your best foot forward when you do will forge a career path that sustains you well into your retirement years.
One great way to get started is to take full advantage of your 401(k) plans. Know the best way to handle your 401(k) from your former job while also making the most of your new employer’s 401(k) offerings. Don’t forget to speak to your human resources contact at your new job to learn about what other benefits they offer that could boost your financial status.
While discussing employment benefits, examine your insurance benefits to make sure you’ve got the best coverage. As your wealth grows, so does your need to protect it and those who depend upon your earnings.
Finally, put yourself ahead of the “spend what they earn” pack by investing that raise you negotiated before accepting your new job. By making the most of any job change, you’ll be able to navigate today’s choppy waters to smooth sailing in retirement.
Does that new job mean a bigger paycheck? Or did you just receive a raise? More money means more temptation for more spending. Don’t let your raise slip through your fingers; with some smart financial planning, we can help put it to work for you.
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When moving to a new job, the easiest way to torpedo your retirement is by cashing out your old 401(k). While that cash looks tempting, taking it comes with a hefty cost; you can lose around $25 grand by withdrawing your money too early. So what can we do with a 401k if not cash it in? This article can help you come up with some ideas.
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You already know how important it is to use your new job to secure your retirement and get the right insurance. However, do you know the other benefits your new employer might offer such as flexible savings accounts, health savings accounts, tuition reimbursement and other job perks? Failing to take full advantage of your employee benefits is like refusing a raise. This guide can help you use your benefits... to your benefit.
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These days, providing for retirement is up to one person: you. The good news is that whether your company offers 401ks or another type of retirement plan, there are ways to leverage these to help make your last twenty years as comfortable as your first twenty.
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Starting a new job is a perfect time to secure your safety ne
t. There are three types of insurance coverage you can typically expect to receive through your new employer: Health, disability, and life. And if your job doesn't supply coverage for you and your family, it can be dangerous to succumb to the temptation to forgo the cost and skip it altogether.
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Death and taxes are unavoidable. Fortunately, it's possible to get help when dealing with the IRS. For many taxpayers, getting tax assistance can save money, time, and headaches. Whether you need to survive an audit, file a tax return, or make enough deductions to qualify for a big refund, here’s a guide to finding expert tax advice.
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