How great would it be if you could just kick back and watch money streaming into your accounts? Passive income has an obvious appeal. After the initial setup process, it requires minimal work on your part, and it generates recurrent revenue from the momentum you have built up. That income could last months or years. […]
A 401(k) can be a useful tool to ensure you have access to plenty of funds during your retirement years. These are employer-sponsored accounts, and, as an employee, you can choose to invest in your 401(k) with funds from your paycheck. In some cases, the employer will match your contributions to the account.