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401(k)s & IRAs »

[14 Aug 2010 | No Comment | ]

cluelessblue asked: My mom said her 401K was getting smaller and smaller and she is not sure why. so she was told to cash it in. is that the right thing to do?Question posted courtesy of: Brent
What is a 401K? Once you have money in one, can you loose any of that money do to a failing the economy?

401(k)s & IRAs »

[8 Jul 2010 | No Comment | ]

cluelessblue asked: My mom said her 401K was getting smaller and smaller and she is not sure why. so she was told to cash it in. Is that the right thing to do?Question posted courtesy of: Brent
What is a 401K? Once you have money in one, can you loose any of that money do to a failing the economy?

Retirement Planning »

[6 Jul 2010 | No Comment | ]

zonagal43 asked: Hi all! my son’s girlfriend is only 19 and her company has a 401k program. she was told that she can not contribute until she is 21. They live in Illinois. does anyone know if there are age restrictions on beginning a 401K?
Thanks in advance for your answers!Question posted courtesy of: Yolanda
How old must you be to enroll in a 401k within your company?

Financial Planning »

[2 Jun 2010 | No Comment | ]

anon in idaho asked: Just how does one start a 401K if you work at Wal-Mart? Do you need a specific amount to start with? Does Wal-Mart match dollars invested or do anything special with 401K’s there to make them larger or not?Question posted courtesy of: Melanie
How does one start a 401K if you work at Wal-Mart?

Retirement Planning »

[23 May 2010 | No Comment | ]

chemist asked: I am planning on working for a couple of years before going to school for a regular MBA. Can I contribute to my 401k plan now and withdraw it without penalty to fund my college tuition? or is it better to take the tax hit now, rather than take the penalty later ?Question posted courtesy of: Aaron
Can I withdraw from my 401k without penalty to fund my college tuition?

401(k)s & IRAs »

[20 May 2010 | No Comment | ]

soulravah asked: ………..
I have money invested in my 401K.
If I get fired from work, what kind of taxes will I owe if I need to access my 401K for funds, while looking for a new job?
Thanks!Question posted courtesy of: Gertrude
How can I access my 401K for funds, if fired from work?

401(k)s & IRAs »

[21 Mar 2010 | No Comment | ]

anon in idaho asked: Just how does one start a 401K if you work at Wal-Mart? do you need a specific amount to start with? Does Wal-Mart match dollars invested or do anything special with 401K’s there to make them larger or not?Question posted courtesy of: Melanie
How does one start a 401K if you work at Wal-Mart?

Retirement Planning »

[17 Feb 2010 | No Comment | ]

Have you been saving enough for your retirement? Well, if you’re like the large majority of people, the answer is not really.
Of course, we know we should be putting money every month into our retirement accounts, be it a 401k, IRA or other investment. Unfortunately, what happens all too often is that life gets in the way. You have an emergency or the kids need some help with a loan, etc. It’s an endless situation at times. so, what happens in that you find yourself not setting aside enough money …

Retirement Planning »

[13 Feb 2010 | No Comment | ]

if you have never worked for any business opportunity you plan money into an artificial 401K pensions, but is it really a good hard look at the details of the plan?
a 401K plan is offered to the typical pension for employees of most companies, and employee contributions that are deducted from your salary is funded. if you’re lucky, the Company may use all or part of your contribution in the plan, but now, have not most companies do not offer. Benefit
plan a major advantage of …

Retirement Planning »

[31 Jan 2010 | No Comment | ]

Give up work early in your age, following will be an information to assist you. A very significant proposal is that ensure you discuss all your ideas with your other half since where there are two people into, this life becomes a lot easier to resolve. Previous to the moment that you begin considering for a premature retirement withdrawal, you should make certain that you got your own house since this be one of the most excellent assets. As a matter of fact, when you have a suitable chance, you …