Posted February 15th, 2010
by admin
Asfd asked: can some one please explain me in simple terms what is a 401k ..
how does it benefit us
how to select the best 401k plan..
can we opt out of 401k plan..
Tags: 401k Plan
Posted in Personal Finance | 2 Comments »
Posted February 15th, 2010
by admin
Ty C asked: Im 17 and a senior in high school. im not sure how the 401k plan works, but i would love to take advantage of it for college if possible.
Tags: 401k Plan, Advantage, Target
Posted in Investing | 3 Comments »
Posted May 31st, 2009
by admin
ferl k asked:
Just say u made 155,000 a year and a certain % went into 401k like 15,000 and then another 1200 in 529.lowering u to another tax braket?
Tags: 401k Plan, Money, Roth Ira
Posted in United States | 3 Comments »
Posted May 3rd, 2009
by admin
Rosita asked: The company has gone through three “names” . Only the original name had a 401k plan.
How do I obtain information on that old policy and withdraw the money?
How do I find out the status?
Tags: 401k Plan, Money, Three Names
Posted in Personal Finance | 5 Comments »
Posted May 3rd, 2009
by admin
Gladicouldhelpu asked:
If an S-Corp pays matching contributions to a shareholder as part of a Safe Harbor 401k plan, does the shareholder get the benefit of the deductable expense or is it a k-1 add back item?
Tags: 401k Plan, S Corp, Shareholder
Posted in United States | 2 Comments »
Posted May 3rd, 2009
by admin
Dava S asked:
I inherited my daddy’s 401k plan. He dies last month he was young so its not alot. It is 24,000. How much taxes will I have to pay on that?
Tags: 401k Plan, How Much Will I Owe In Taxes
Posted in United States | 5 Comments »
Posted March 28th, 2009
by admin
ProudArmyWife! asked:
My mother passed away 4 years ago, and I just remembered that she had a 401k plan because it was listed on her paycheck statement (I’m assuming she had the plan, why else would it be on there with an amount next to it right?). Well what happens to that saved up money? Does the company keep it or they just let it float around? I only ask because if anything it’s still my mothers money and technically would belong to her family…so how would one go about claiming it?
Tags: 401k Plan, Money, Retirement
Posted in Personal Finance | No Comments »
Posted March 28th, 2009
by admin
rainbowshamrock asked:
Should I bother with a 401k plan? Will the U.S. economy still be intact in twenty years? I mean, our resources are dwindling, peace seems much more fragile than ever, countries come and go (looking at history, how even the most powerful empires are not immortal)… This is a pessimistic perspective, but certainly a real concern of mine. Will I have my retirement money in the next twenty, thirty, or forty years?
Tags: 401k Plan, Pessimistic Perspective, Retirement Money
Posted in Economics | 1 Comment »
Posted March 16th, 2009
by admin
britknee69 asked:
I am young and planning to work in another company that, unlike my current employer, has no 401k profit sharing plan. I am just wondering if I could still benefit from my 401k plan once I left the company. Perhaps I will still be able to contribute to this plan from my pocket?
Tags: 401k Plan, Money, Profit Sharing Plan
Posted in Personal Finance | 2 Comments »
Posted March 14th, 2009
by admin
Gato asked: PRE-tax and AFTER-tax dollars.
If I contribute $$ using AFTER-tax dollars, would that have the same principals as the ROTH IRA or other ROTH plans in general?
Would my AFTER-tax contributions into my 401K plan grow tax free and also be TAX free when I go to withdraw it?
Thank you.
Tags: 401k Plan, Tax Contributions, Tax Dollars
Posted in Investing | 6 Comments »
