State Employee Advisor Network | Read our insightful blogs here

July 22, 2024

Can You Change 401k Contribution Anytime? When, Why & How?

Can you change 401k contribution anytime? Or not? Many 401k account holders who want to increase their retirement savings wonder this. So, what’s the right time to do it? Well, you can adjust your 401k anytime. However, this also depends on the terms and conditions set by your employer.

July 23, 2024

SIMPLE IRA vs 401k – Which Plan is Better for You?

SIMPLE IRA vs 401k - which is a better option? Well, both plans are different in a lot of ways. But they’re designed with the same purpose: helping employees save for retirement. Knowing about what both these plans offer is very important.

July 24, 2024

401a vs 403b Comparison: Advantages & Contribution Limits

When enrolling for a retirement plan, everyone ends up comparing 401a vs 403b. After all, both of these retirement plans have their own pros and cons. If you want to end up with a retirement plan that suits your needs and goals, you have to weigh these properly.

July 29, 2024

What is an Ordinary Annuity & How Does it Work?

Want to know how an ordinary annuity is beneficial for retirement? Well, it’s quite a beneficial financial tool that helps you build your ideal retirement life – a financially secure one! Moreover, it offers a consistent stream that offers you stability when needed the most.

August 6, 2024

What is a 401a Plan? A Must-Read for State Employees in 2024

State employees in the United States are increasingly choosing the 401a as their retirement plan option. But why is it such a preferred option for state employees? In this blog, we will talk about ‘what is a 401a plan?’ and how does it benefit the employer and employees.