Tag: 401k

Lost 401(k)? Here’s How to Find It (and Earn Extra Cash While You’re At It)
June 24, 2025 Off

Lost 401(k)? Here’s How to Find It (and Earn Extra Cash While You’re At It)

By The Admiral Staff

To locate lost 401(k)s, start by contacting HR at former employers and checking W-2s for retirement plan contributions. If that fails, utilize free public databases like the National Registry of Unclaimed Retirement Benefits and the Department of Labor’s Abandoned Plan Search. Services like Beagle and Capitalize can assist, though they may charge fees; Beagle is considered legitimate. The article also suggests several ways to earn quick cash through online surveys and tasks.

Decoding Your 401(k): Essential Questions for New Employees
April 20, 2024 Off

Decoding Your 401(k): Essential Questions for New Employees

By The Admiral Staff

While signing up for a 401(k) as soon as possible is generally advised, experts caution against rushing into a plan without understanding its details. Key questions to ask when starting a new job include eligibility, employer matching, automatic enrollment, rollover options from previous plans, fees, the plan provider, investment options (favoring low-cost index funds), and who to contact with questions. If the plan is unsatisfactory, employees should communicate concerns to their employer and explore legal options if necessary.

Time to Reinvent Retirement
April 3, 2024 Off

Time to Reinvent Retirement

By The Admiral Staff

Many Americans (56%) feel behind on retirement savings, but it’s not too late to catch up, even in your 50s. Experts recommend maximizing employer 401(k) matching contributions, using retirement calculators, and being mindful of hidden fees. Key strategies include making “catch-up” contributions (an extra $7,500 annually for those 50+), creating a retirement income plan, reevaluating spending habits, considering a side gig for

Unlock Your Money’s Potential: Simple Steps to Financial Growth
March 15, 2024 Off

Unlock Your Money’s Potential: Simple Steps to Financial Growth

By The Admiral Staff

The article encourages readers to “make their money work for you” by investing rather than letting it sit stagnant. It highlights that investing, even with small amounts, can lead to significant growth over time, contrasting a modest retirement savings of $100,000 with a potential million dollars through investing. The article then provides four tools to help achieve this: optimizing a 401(k) with Blooom, starting to invest with as little as $5 through Stash, accelerating

The Forgotten 401(k): How to Find It and Protect Your Retirement
March 6, 2024 Off

The Forgotten 401(k): How to Find It and Protect Your Retirement

By The Admiral Staff

Many people are unknowingly losing retirement savings when they leave jobs, as companies may liquidate 401(k) accounts with less than $5,000, resulting in penalties and taxes. To combat this, a coalition of major 401(k) plan administrators like Fidelity and Vanguard are launching a “lost and found” system called the Portability Services Network (PSN), which will automatically roll over these smaller accounts to new employers’ plans (for a small fee). However