Review Retirement Savings
Complete step-by-step checklist to review retirement savings covering check retirement balances and verify employer matching, and essential action items.
Check retirement balances
Log in to 401k, Roth IRA, or pension account portals
Verify employer matching
Confirm you contribute enough to get full company matching match
Assess annual contributions
Check if you can increase contributions toward annual limits
Review target retirement date
Confirm funds match your estimated retirement year
Update account beneficiaries
Ensure listed beneficiaries are correct
Evaluate investment choices
Confirm your 401k is invested in low-fee index funds
Verify IRA contribution rules
Confirm income limits allow tax deductions on traditional IRAs
Compare Traditional vs Roth
Check if pre-tax or post-tax retirement saving suits your path
Calculate retirement projections
Use calculators to see estimated monthly retirement income
Review vesting schedule rules
Verify employer contribution ownership rules before leaving jobs
Check catch-up contribution limits
Increase saving caps if you are over 50 years old
Log former employer pension status
Consolidate or roll over old 401k plans into current IRAs