|
||||
Managing Your 401K
More and more companies are providing a 401k as a benefit. Human resource managers frequently counsel their employees on the mechanics and planning of their 401k programs. This course provides a foundation for you to know how to appreciate vesting, select wise investment packages, and understand diversification. You will also be given tools and strategies for understanding and managing your involvement in stocks, bonds, and mutual funds.
The course covers such topics as
How to effectively plan for your 401(k) investment success
Skills for investing your 401(k)
How to ensure account growth while you withdraw your money
After completing this course the learner will be able to
Create a plan for 401(k) investing
Appreciate the basics of 401(k) investing
Withdraw money from their 401(k) effectively
Managing Your 401K
Description
More and more companies are providing a 401k as a benefit. Human
resource managers frequently
counsel their employees on the mechanics and planning of their
401k programs. This course
provides a foundation for you to know how to appreciate vesting,
select wise investment packages,
and understand diversification. You will also be given tools and
strategies for understanding and
managing your involvement in stocks, bonds, and mutual funds.
Audience
This course addresses the training needs of all employees.
Prerequisites
None.
Course Duration
»
1. 5 hours
Topics Include
How to effectively plan for your 401(k) investment success
»
Techniques for creating an action plan
»
How to maximize your contributions and minimize taxes
»
Why you need to be actively involved in your 401(k) planning
Skills for investing your 401(k)
»
Guidelines for balancing your portfolio to ensure that your money
will grow
»
Why it's important to take adequate risk
»
How to apply saving and investing concepts to increase your returns
»
Tips for understanding which investment products are best for you
»
How to manage your portfolio mix
»
Ways to avoid common mistakes
How to ensure account growth while you withdraw your money
»
Ways to withdraw and rollover 401(k) funds
»
Tips for determining how much money you will need to retirement
»
Guidelines for timing your withdrawals effectively
»
Tips for conducting a periodic 401(k) check up
»
Methods to help you stay abreast of your finances
Everything Courseware
Managing Your 401K
Objectives
After completing this course the learner will be able to
Plan for their 401(k) investment
»
Create an action plan
»
Maximize 401(k) contributions and minimize taxes
Appreciate the basics of 401(k) investing
»
Apply saving and investing concepts to increase their returns
»
Understand which investment products are most suitable for them
»
Manage their portfolio mix and avoid common investing mistakes
Withdraw money from their 401(k)
»
Withdraw and rollover 401(k) funds
»
Determine how much money they need for retirement
»
Time 401(k) withdrawals effectively