Unfortunately, without an existing 401k, blooom can’t help you.
We don't provide 401ks, we simply manage them.
The first step is to start contributing to your employer-sponsored plan. To get the most from blooom today, you need to have one or more retirement accounts associated with an employer. These typically are called 401ks, 403bs or 457s. It might be that your employer doesn’t have one. Or it could be that you just started a new job and have to wait the necessary time before you can contribute. The good news is that you are thinking about it.
Once you start contributing, simply come back to blooom and we’ll be happy to help you make the most of your investment strategy. If you are looking for some motivation, we’ve also provided some links below to great blog posts/articles that help answer your questions about getting started with employer-sponsored retirement accounts.
We hope to see you back here soon!
Looking for inspiration to get you started with retirement saving?
The 10% Savings Trick
We hear it quite frequently… “I just can’t afford to put aside 10% of my paycheck towards retirement.” Or sometimes…Read More
120% Rate of Return
If your employer offers a pre-tax retirement savings plan like a 401k, 403b, 457, or similar and they offer a matching contribution you may be the lucky benefactor of a 120% rate of return on your contributions.Read More