
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
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
Saving for a down payment on a house is often not an easy task. A down payment can be a substantial amount of money, depending
Almost half of private sector workers in the United States do not have access to employer sponsored retirement plans. This is one of the factors
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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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