Signs You Have a Bad 401(k) Plan and What to Do About It

Sometimes we’re just happy to be with an employer that has a 401(k) plan, since so many don’t.

It may not even seem important whether or not it’s a good plan or a bad one – at least not at the beginning.  After all, any 401(k) plan is better than having none at all.

But there are bad 401(k) plans out there, and that becomes even more important and obvious the longer you’re in one.

What are Some Signs of a Bad 401(k) Plan?

No employer match

One of the real incentives to invest money in a 401(k) plan is an employer match.

A typical match is 50%, where the employer contributes 3% of your income while you contribute 6% out of your compensation.  Employer matching contributions can be more or less generous.

Some employer plans provide no match at all.  In and of itself this does not indicate a bad 401(k), but in combination with other negative factors it’s a strong sign.

Poor or limited investment choices

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Blue Sky from American Express® – A Great Way to Make Your Travel Spending Go Further | Review

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Are you looking for a travel rewards/airline miles card but hate the idea of all those blackout dates and weird restrictions?

The Blue Sky from American Express® credit card just may be the answer… and they’re currently offering a decent welcome bonus of 7,500 points (redeemable for up to a $100 statement credit).  Charge $1,000 on the card in the first three months of card membership and the points are yours.

Join us as we review the Blue Sky by American Express®.

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How to Get Cheap Life Insurance

Life insurance is that insurance that we desperately hope we’ll never need to use—or at least that our loved ones won’t need to use.

But in so many respects, it can be the most important type of insurance that you have.

It’s your way to provide for your dependents if you aren’t around to do it for them.

OK, you want to help protect and provide for your family but life insurance can be expensive.  How can you get cheap life insurance?

Below are some ideas on how to get cheap life insurance.

Buy Term Life Insurance

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Citi Simplicity® Card Review – No Late Fees or Penalty Rate Hikes

Would you like a credit card with no late fees, no annual fee, no penalty rates hikes, and more?

Take a look at the Citi Simplicity® Card!

In this review I’ll show you the basics of what this card is all about so you can see if it’s the right card for you.

Right off the bat you are getting a card with a very long 0% introductory and balance transfer APR rate (18 months).

If you have credit card debt on other cards, and the interest rate is weighing you down, transferring your debt to a card like this can really help you make a dent in your debt (assuming you will be paying off more than the minimum amount due, of course).

Transferring my debt to a 0% Intro APR card years ago helped me pay off my credit card debt faster.  You are able to make payments that go right to your principle rather than paying off your interest.  This lets you pay off more faster.

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What is COBRA Continuation Health Insurance Coverage – How Does It Work?

One of the biggest fears any of us have about losing a job is the loss of health insurance.

COBRA continuation health insurance was designed to eliminate that fear, but the reality is that relatively few people ever take it.

Why is that?

COBRA seems simple, and on the surface it is.  Details of the provision on the other hand, are anything but.

What is COBRA Continuation Health Insurance Coverage?

COBRA is the abbreviation for the Consolidated Omnibus Reconciliation Act of 1985 It was enacted by the U.S. government that mandates providing employees with continuing health insurance coverage after separation from their employers.  The Act has been in existence since April, 1986, and covers most employees.

How Does COBRA work?

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The Discover it Card Review – An All-Around Card That’s Fair to the Consumer

Would you like a credit card that didn’t hit you with a ton of fees?  

Maybe even a card that was fair to its users? How about a card with generous cash back?  Let’s add in customer service from a company known for its customer loyalty?

Oh, and keeping track of your FICO® credit score would be awesome too, right?

Mix that all together and you get the Discover it® card.

Discover set out to make an all-in-one card made up of the best qualities that consumers are looking for.  They created an all new line of cards: the Discover it card.

Let’s take a look at some quick basics of the Discover it card before we get to our review:

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The Best 0% Purchase Credit Cards of 2014

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A great way to save money and earn reward points is to use a 0% purchase credit card (note that these 0% rates are introductory).

These cards can be a great way to avoid paying interest while gaining credit card benefits, rewards, miles, or cash back.  Additionally, 0% purchase credit cards offer an opportunity for you to make a slightly larger purchase, and pay it off over time.

Another bonus is the fact that many of these credit cards also come with 0% balance transfer offers.

It’s important to understand, though, that 0% Introductory rate purchase credit cards should be used carefully, and with planning.

When used as part of a plan, o% Introductory rate purchase cards can give you the advantage of a great introductory rate, and the ability to rack up the points or miles.  And, because you have an introductory period, you can take two, three months, or longer to pay off a larger purchase.

Don’t Use the 0% Introductory Rate, or the Rewards, to Justify a Purchase

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