What are the selling techniquies to sell banking/insurance products?
Posted October 1st, 2009 by admin 4 Comments »
Posted October 1st, 2009 by admin 4 Comments »
Can I use my 401k to pay for surgery to stop a life threatening illness?
Posted March 28th, 2009 by admin 3 Comments »
endless_smiles_2000 asked:
I have over $5000 in my 401k with $4000 of it vested. I need surgery that’s going to be around $3500 after insurance pays it’s share. Can I use that money? If I can’t get the money I’m going to be dead anyway, so I don’t see why I won’t be able to.
I have over $5000 in my 401k with $4000 of it vested. I need surgery that’s going to be around $3500 after insurance pays it’s share. Can I use that money? If I can’t get the money I’m going to be dead anyway, so I don’t see why I won’t be able to.
Can you cash out your 401K tax free to pay medical bills?
Posted February 15th, 2009 by admin 8 Comments »
skybelle24 asked:
I have to have a $25,000 surgery not covered by insurance. I’m thinking of cashing out my 401K and someone told me that you can do it tax free for medical bills. Is this true?
I’m only 25 so it’s not like I can’t build back up my 401K…
I have to have a $25,000 surgery not covered by insurance. I’m thinking of cashing out my 401K and someone told me that you can do it tax free for medical bills. Is this true?
I’m only 25 so it’s not like I can’t build back up my 401K…
How much of banking history reality is following?
Posted January 24th, 2009 by admin 1 Comment »
Mister2-15-2 asked:
The bank on the corner, which since interstate bank ownership that idea may no longer exist. Mean commercial bank that accepts deposits with FDIC insurance. By law where they not prohibited from getting into speculative investment banking, so investment banks were created, which were to go bust if they did not work. The risk they took for deregulation. At one time there was law that prohibited deposit accepting banks from exposure to investment banks. Sear could not start bank because of insurance business. What happened to that law? When Bank of America goes belly up why should tax payers come up with one cent.
Should slogan to big to fail be replaced by– To risky to save.
The bank on the corner, which since interstate bank ownership that idea may no longer exist. Mean commercial bank that accepts deposits with FDIC insurance. By law where they not prohibited from getting into speculative investment banking, so investment banks were created, which were to go bust if they did not work. The risk they took for deregulation. At one time there was law that prohibited deposit accepting banks from exposure to investment banks. Sear could not start bank because of insurance business. What happened to that law? When Bank of America goes belly up why should tax payers come up with one cent.
Should slogan to big to fail be replaced by– To risky to save.