The 401k is an employer-sponsored savings plan for eligible employees to save for their retirement through deferred salary contributions, which go towards an employee’s 401k account. These are all pre-tax contributions. However, there are certain 401k contribution limits to keep in mind. These have been mentioned below: Basic contribution cap for the year 2017–2018 The limit for basic employee contribution for the year 2017 was around $18,000 per year.

If you think you are eligible for a federal grant to meet your tuition fees, you need to be aware of the method of application for the same. The eligibility criteria for a grant may vary from time-to-time and you need to check whether you are eligible for one. If you are and if you wish to apply for grants, there is a specific procedure you will be required to follow.

Most people are risk-averse when it comes to investing money. They opt for the safest option available: a savings account. However, choosing this option without conducting thorough market research is not the best idea. So, one can compare the benefits different banks offer and decide based on one’s needs and preferences.

Every year, thousands of people in the country apply for personal loans to meet their financial requirements. Personal loans may be utilized for any purpose and are straightforward and simple in application. Borrowers with a good credit score will have no issues with regard to the application and approval of their personal loan.

Capital One has been one of the premier providers of investment and financial solutions for a long time. It has gained immense popularity for its range of credit cards. For students, business owners, or individuals alike, who are attempting to rebuild their credit, these credit cards are among the best available in the market.

Opening a new bank account might seem overwhelming. However, if you have the documentation in place, the entire process is pretty quick and straightforward. You need to start by choosing between a savings account and a checking account. If you want to open an account for making payments and for direct deposit, a checking account is ideal for you.