If you know anything about retirement plans, you probably know about the big guys: the 401(k), the traditional IRA, and the Roth IRA. But what about the Roth 401(k)?
Investment lingo can be a bit complicated, but let's break down one type of investment option that's up for debate: target-date funds.
Thanks to the recession and the skyrocketing price of higher education, many families are forced to choose between socking away for their kids' college education and saving for retirement.
Yesterday you heard me rave about 401(k)s, the best savings deals around. But if your company doesn't offer it (or if you've maxed out your 401(k) contribution), here's another easy way to save for retirement: Open an IRA.
