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Bad Company 401k? There May be Other Options

Bad Company 401k? There May be Other Options

If you are dissatisfied with your company’s 401k, there is no reason to put too much of your money into it. Put in enough to earn your company’s highest match — you don’t want to leave free money on the table — and then consider these options as supplements.

Spousal IRA: Retirement for Stay at Home Parents

Spousal IRA: Retirement for Stay at Home Parents

A Spousal IRA can help reduce the financial risk to stay at home parents, allowing them to save for their retirement. However, there are many rules and limitations on who qualifies for a Spousal IRA and when does the qualification start to phase out.