Grow My Money Manage Money

401(a) Plan Rollover Options and Rollover Rules

Navigating the world of retirement savings can often feel like traversing a labyrinth, particularly when it comes to understanding the various types of retirement plans and the rules that govern them.  One such plan, often overlooked but increasingly common, especially among public sector employees, is the 401(a) plan. Offering flexibility and significant savings potential, a […]

Grow My Money Retirement

A Roadmap to a Successful Retirement: Common Pitfalls and How to Avoid Them

Retirement represents a significant life transition, and it brings with it a host of new opportunities and challenges. While it’s a time to enjoy the fruits of your years of labor, it’s also a stage that requires careful planning and wise decisions to ensure a secure, satisfying, and fulfilling life.  From financial strategies to lifestyle […]

Financial Literacy Grow My Money Life & Money Retirement

401(k) vs. 401(a): What’s The Difference Between a 401k And a 401a?

Most people are familiar with 401(k)’s, but what about 401(a)’s? Are they the same thing? What’s the difference? In this article, we’ll explore the differences between 401(k)’s and 401(a)’s and discuss the benefits of each. 401(k)’s and 401(a)’s are both types of retirement savings accounts found in the same section, section 401 of the Internal […]