The Rule of 55 – Can I take money out of my 401k earlier than 59.5?

By |2022-08-02T20:21:57+00:00July 26th, 2022|Retirement|

I love getting reader questions (thanks KW!)- and I got a great one this week that I thought I would write a few quick words on. "Does my Lockheed 401k allow 'the rule of 55?'" This rule has become more popular as people try to retire earlier and need [...]

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What is a target date fund? Pros and Cons for Lockheed Martin 401k Participants

By |2021-04-21T13:08:21+00:00August 7th, 2018|401k|

When you log into your Empower Lockheed Martin 401k account you might have seen investment options named target date fund 20xx. These are funds you can invest in other than the traditional investment options (S&P 500, common stock fund, broad market bond index, etc.) that have a mix of the [...]

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