How to Add Money to a 401k

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How to Add Money to a 401k – This is a place for the community to provide tips and advice on How to Add Money to a 401k. This topic was created by Bassam Saliba and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Can I write a check to my 401(k)?

Published: 9 years, 3 month(s) ago | Submitted by Rev Teets | permalink

RetireMentor Dan Moisand addresses this 401(k) conundrum and other questions from readers in this week’s installment of Moisand’s Mailbag.

For further reading: http://www.marketwatch.com/story/can-i-write-a-check-to-my-401k-2013-11-15 ^[1]

Tip 2 - How does a 401(k) plan work?

Published: 9 years, 3 month(s) ago | Submitted by Michael Charbit | permalink

A 401(k) plan is the most common kind of defined contribution retirement plan. Here's how it works.
Tags: 401, 401(k), 401k, retirement, how to retire, retirement plans, retirement planning, guide to retirement, Ultimate Guide to Retirement, retirement guide, personal planning, finances, CNNMoney, retire, retired, taxes, defined contribution plan, investing, company match, ultimate guide to retirement

For further reading: http://money.cnn.com/retirement/guide/401k_401kplans.moneymag/index2.htm ^[2]

Tip 3 - Can I Add to My 401(k) if I'm Not Working?

Published: 9 years, 3 month(s) ago | Submitted by Karen Teoh | permalink

Regularly adding to your 401(k) is a tax-free method to save for retirement through your employer. The laws of compounding interest demonstrate that each additional dollar saved provides you with ...

For further reading: http://finance.zacks.com/can-add-401k-im-not-working-3173.html ^[3]

Tip 4 - Should I Put Money into My Employer's 401(k) or Invest on My Own?

Published: 9 years, 3 month(s) ago | Submitted by Rawrsauce 87 | permalink

Dear Lifehacker, I want to put a little something away for the future, but I've heard a lot of people say that maybe my company's 401(k) isn't the place to keep my money. Should I invest on my own, or stick with what my employer offers? Should I do both? How can I tell if my 401(k) is good or bad?
Tags: ask lifehacker, investing, retirement, saving, saving money, 401(k), IRAs, finances, personal finance, money, Lifehacker

For further reading: http://lifehacker.com/should-i-put-money-into-my-employers-401-k-or-invest-o-1665628446 ^[4]

Tip 5 - 4 Ways to Increase Your 401(k) Contributions in 2015

Published: 9 years, 3 month(s) ago | Submitted by Monir Al Sharif | permalink

Try these painless ways to boost your 401(k) balance next year.
Tags: 401(k)s,savings,Best You: Saving & Spending,investing,personal finance,personal budgets,retirement,money,Joe Udo

For further reading: http://money.usnews.com/money/blogs/on-retirement/2014/10/31/4-ways-to-increase-your-401-k-contributions-in-2015 ^[5]

Tip 6 - How to Increase 401(k) Contributions

Published: 9 years, 3 month(s) ago | Submitted by Sean Gilbert | permalink

Can I contribute a large lump sum to my 401(k) outside of a payroll deduction to minimize my tax bite and get closer to contributing the maximum for the year?

For further reading: http://www.kiplinger.com/article/retirement/T001-C001-S001-how-to-increase-401-k-contributions.html ^[6]

Tip 7 - How much should you put into your 401(k)?

Published: 9 years, 3 month(s) ago | Submitted by Ian Peel | permalink

There are annual limits to what you can put away in your 401(k) or other defined benefit plan. In 2015, if you are under 50…
Tags: , 401(k), 401(k) limits, 401(k)s, 401k contributions, retirement, retirement accounts, retirement investments, retirement planning, retirement savings, saving for retirement

For further reading: http://time.com/money/2791201/how-much-money-to-put-in-401k/ ^[7]