What to Do Before Cashing Out a 401K
A 401K is an employer-sponsored retirement savings plan that employees can contribute to pre-tax, thus reducing their annual tax liability. Some employers also contribute to
October 17, 2023
Highlights
About Carolyn Young
Carolyn Young is a highly motivated and accomplished marketing professional with over 10 years of experience in the industry. She has a proven track record of driving revenue growth and brand awareness through innovative marketing strategies and tactics. Carolyn Young has over fifteen years of experience working with startup companies in consulting and management roles and has written numerous business plans and helped entrepreneurs obtain startup funding. She is the Lead Business Expert for Step By Step Business.Experience
Carolyn Young is a Senior Business Writer with Step By Step Business with over 25 years experience in business. She has been in bank management, marketing management and business education.Education
Carolyn is a graduate of the University of California, Los Angeles, where she earned a Bachelor of Arts in Communication Studies.Expertise
She is the author of several entrepreneurship textbooks, and she created related entrepreneurship curriculum that has been taught in universities internationally. Titles include Introduction to Entrepreneurship, Social Entrepreneurship, Entrepreneurial Finance, and Lean Accelerator. The textbooks were part of an online learning platform designed for high school and college students.
A 401K is an employer-sponsored retirement savings plan that employees can contribute to pre-tax, thus reducing their annual tax liability. Some employers also contribute to
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The news is full of doom and gloom about the bank crisis and a potential recession, causing many consumers and business owners to fear the
The number of female entrepreneurs is growing rapidly. In fact, in 2021, 49% of new businesses were started by women, up from 28% in 2019,
The real estate and housing market is in an interesting state right now. Home sales are slowing because of higher interest rates, but prices in
In October of 2022, the Consumer Price Index was up 7.7% from the same time the previous year. Shelter, food, and gasoline prices are leading the way,
If you’ve been successful in your entrepreneurial ventures, you probably have some means of income for your retirement, but usually, entrepreneurs, particularly women entrepreneurs, need
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