How to Mangage 401(k)s With a Spouse

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As they grow older, married couples often talk about what their life together will be like during retirement. But, although both partners may have 401(k) plans, they probably have precious few conversations — if any — about how they'll coordinate their plans to provide the greatest possible retirement resources. In failing to do so, millions of couples miss out on opportunities to fund their retirement. Managing your own 401(k) plan can be daunting enough. You face many decisions that amount to doing your own financial planning. Coordinating two plans for the best collective outcome is even more complicated. Yet there are some basic steps couples can take to get started on coordinated 401(k) retirement planning.
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TelevisionStation: ABC News
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As they grow older, married couples often talk about what their life together will be like during retirement. But, although both partners may have 401(k) plans, they probably have precious few conversations — if any — about how they'll coordinate their plans to provide the greatest possible retirement resources.
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How to Mangage 401(k)s With a Spouse
Source URL: feeds.abcnews.com

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