Reports on 401k Plans as a Retirement Savings Option

Share Article

This recent article presents the pros and cons of a 401(k) plan and its value to your retirement

Employees Need to be fully educated as to the rules regarding 401k plans prior to investing...

Many Americans face a myriad of options when planning for retirement. For many it’s difficult to distinguish between the different and confusing sounding programs. With names like IRA to SEP IRAs to Roth IRAs and now 401k plans many are not sure how to structure their planning.

In this article reviews how 401(k) plans can provide the opportunity for employees to make before-tax contributions as well as benefit from possible employer contributions. Many are unaware of the match contributions (e.g. free money) and tax benefits offered from 401(k) company sponsored programs.

Ira Success compares the benefits and disadvantages to employer sponsored 401k plans. Issues discussed in the article include, the lack of real control over investments in a 401(k), and the limitations for employees not looking for a long-term employment situation.

Critical limitations to the 401k program are presented including the effect of a vesting period which limits the employee’s access to the full amount of the funds in their earliest years at the firm.

According to Roy Weissman, founder of, “Employees need to be fully educated as to the rules regarding 401k plans prior to investing their hard earned incomes. Those moving from one company to another, for example, sometimes miss out on opportunities to transfer their account’s assets to the new company. Employees who make the mistake of obtaining a distribution can create substantial tax liabilities,” Weissman said.    

The article provides valuable information for those looking to invest in 401k plans. focuses on one of the most critical and foundational elements of retirement, and retirement planning. An important part of the planning process is learning about all the options for retirement. provides readers with Information, resources and articles on Traditional, Roth, SEP and Simple Individual Retirement Plans, 401k Plans and address plus many other important retirement issues.


Established in 2014, is the site for information about individual retirement plans including Traditional and Roth IRAs, 401k plans, Simple and SEP IRAS, as well as many others. Users can compare from over 12 major brokers as well as stay up to date on all the need to know information regarding individual retirement plans. With years of experience in individual retirement planning, our experts are here to help you get started in investing in an IRA today! For more information please visit

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Roy Weissman
Follow us on
Visit website