When you die, what will happen to your retirement plan benefits? In general, your retirement plan benefits pass to the beneficiaries you designate on the plan beneficiary designation form. Your benefits will generally be subject to estate tax at your death and to income tax when benefits are [...]
Should you invest in a Roth account in your Lockheed 401k? A Roth 401k is an retirement account that allows you to contribute after-tax money to use for retirement. Because you are investing after-tax funds (these funds are taken from your check after deductions like taxes, health insurance, social [...]
Newly hired at Lockheed Martin and have questions about the 401k? Your 401k can be a very important part of your retirement plan, so we think it's important to give it the attention it deserves. We'll review a few common questions you might have about your new Lockheed Martin [...]
What mistakes do Lockheed Martin 401k participants typically make? Your 401k is most likely the most important retirement vehicle you'll have when you retire. But why do so many people not treat it that way? Below are a few common mistakes I see with 401k participants. Trying to time [...]
