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 April 22nd, 2009
by admin
H asked:
Because of their insight and knowledge of the business, investment options, and trends? Just curious. I would imagine ordinary folks may be able to be money savvy to a certain level over time but probably still no equal to the pros who breathe finance/accounting/banking work night and day.
cybe’s made a very interesting point. I guess “ignorant” could be a “blessing” in the investment world LOL? Perhaps the more one knows, the more confidence, the more risk one may take, and the more money one may make - or lose?
Tags: Investments, Lol, Money
Posted in Investing | 4 Comments »
Posted April 16th, 2009
by admin
dpesetsky asked: Followup to answer to “Can $12000 per year per child be gifted without inheritance tax even if the money comes from an IRA or 401k?”
Is it state specific?
Tags: 401k, Inheritance Tax, Money
Posted in United States | 5 Comments »
Posted March 28th, 2009
by admin
jlrwillis02 asked:
I am only 37 years old but have already taken two big hits with my 401k. First was 9/11 and now the finacial mess going on today! Now my employer has stopped matching contributions because of the shape of our economy and a effort to cut expenses and preserve jobs. Would CD’s or Bonds be a better option for retirement savings?
Tags: 401k Contributions, Money, Shape
Posted in Personal Finance | 3 Comments »
Posted March 28th, 2009
by admin
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.
Tags: 401k, Insurance, Money
Posted in Personal Finance | 3 Comments »
Posted March 28th, 2009
by admin
beachbumjeremy asked:
Does anyone know a way to bypass the 401k rules and pull out my money. My wife is having a baby, and we could afford for her to be a stay at home mom if I could just pay off my truck so I want to take the money out and give us a easier start. How comments or other ideas?
Tags: 401k Rules, Money, Stay At Home Mom
Posted in Personal Finance | 9 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 24th, 2009
by admin
what? asked: Just wondering if it was possible to do this. It would definitely be great to sock away the money in the 401k, get the match, and then roll it to an IRA where I could actually get some decent investment options.
So, does the IRS promote sound investing (let you roll over and make your own choices) or job instability (quit jobs as frequently as possible to be able to put your money where you want it)?
Thanks.
Tags: 401k, Choices, Money
Posted in Personal Finance | 4 Comments »
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 »
