-
Investment Accounts 101
Planning your investments to build a retirement fund can be a dizzying prospect. The various questions, options, details, accounts, and amounts are enough to make anyone’s head spin. Wouldn’t it be nice if there was a generic recipe for success? A nice neat list of step by step instructions on how to make the best…
-
3 Reasons to Roll Over an Old 401K to an IRA
After leaving a company, former employees can usually opt to keep their 401K or move the money over into a Rollover IRA. The benefits of rolling over old employer 401ks often outweigh the negatives. 1. Opening up new opportunities Most 401K or company-sponsored retirement plans offer only a small selection of mutual funds, target-date funds…
-
Stay Away from my 401K
It is no secret that our countries federal deficit is quite steep, but is retirement savings the correct place to look for money to reduce this problem? Currently, Congress is strongly considering removing all or part of the tax incentives, including pre-tax contributions, for 401(k) plans. This is viewed as a method to increase federal…
-
Elections Impact on the Market
Now that the election is over, investors are wondering what the future has in store for their portfolios. The reality is that while elections may have short term impacts on the markets, over the long run, the impact is minimal. A Free Market System is based on capitalism, which always finds a way to thrive.…
-
IRAs/401(k)s/403(b)s
Could An IRA, 401(k), Or Any Other Qualified Plan Be Your Only Retirement Savings Solution? Absolutely not, here is the problem… The money in your IRA/401(k) or other qualified plans is not all yours! As much as 40% of it (maybe more) belongs to the government because your invested money is ONLY tax-DEFERRED, not tax-EXEMPT. …
