How do I use my 401k for startup funds, little taxes, and reinvesting?-unemployed?


Posted May 31st, 2009 by admin 2 Comments »
401k
boo’sworld asked:


I have a 401k from the job I just left. I want to start a small business. How can I use a portion of this to start up my business and not pay a fortune in taxes, as well as reinvesting the rest in a rollover IRA?

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Posted in Personal Finance | 2 Comments »

What is the best company to do a 401k rollover with?


Posted February 24th, 2009 by admin 6 Comments »
401k
nstirling03 asked:


I want to rollover my 401k to a IRA, but don’t know which company to pick. Please help!

Thank you!

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Posted in Investing | 6 Comments »

Is there any advantage to rolling my 401k into a rollover IRA instead of my existing traditional IRA?


Posted February 8th, 2009 by admin 2 Comments »
401k
yogidog asked:


I have an existing traditional IRA and two 401k’s from previous companies. I’d like to consolidate accounts.

Is there reason I should roll the 401k’s into a rollover IRA instead of directly into my existing traditional IRA?

Are there any consequences regarding maybe later converting the IRAs to Roth IRAs later?

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Posted in Personal Finance | 2 Comments »