Examine your 401(k) rollover options and find the best way to maximize qualified plan account(s).

Avoid Penalties By Learning These Important Early 401(k) Withdrawal Rules

There are rules which can be followed to allow pre-mature access to your 401(k) account. A 401(k) was created by congress to allow workers to accumulate funds for retirement on a pre-tax basis. Eventually he taxes will need to be paid on your 401(k) retirement plan. Accessing the funds should be done with planning and with the goal of using them for retirement income. Life being full of uncertainty, the funds in your 401(k) can be assessed for other reasons; with that access can come unwanted or excessive taxation and penalty. Make sure you fully understand your options before taking action.

By |2018-07-07T22:20:37+00:00October 30th, 2013|401(k) Rollovers|

401(k) Aged Based In-Service Withdrawals Move to Safety

Most 401 (k)s offer investment options such as mutual funds. Investment options in the mutual funds can be stocks or bonds or a combination of both. As we age, providing a layer of safety and security to our 401 (k) seems only prudent. As an option, your 401 (k) will also offer a stable money investment option. These options could include a money market account. The problem with money market accounts is the yield, a yield which may not keep up with inflation.

By |2015-05-22T17:08:23+00:00October 29th, 2013|401(k) Rollovers, Annuities|

Common 401(k) Fee Structures

All 401(k) providers impose fees on top of fund expenses, and smaller companies are the ones who are charged the most. “The fact is, the financial-services industry isn’t donating its services and doing all this work,” says David Wray, president of the Profit Sharing/ 401(k) Council of America.

By |2015-05-23T03:54:21+00:00May 7th, 2013|401(k) Rollovers|

Alternative Retirement Plan Options

You aren’t happy with your current retirement savings plan, and you’re not alone. Many employees report some level of dissatisfaction with their company’s retirement plan, which is why it behooves you to know that you do have other options available. Your retirement plan is your security for the future, and as such, you should never feel like you have to settle.

By |2015-05-23T04:14:22+00:00March 13th, 2013|401(k) Rollovers|

Seven Ways to Improve Your 401k

As with all things, no one will know that you are unhappy unless you say something. While this may sound like an impossibly daunting task, tactfully voicing your complaints and concerns might just make you realize that you are not the only one who has them.

By |2015-05-23T04:18:47+00:00November 26th, 2012|401(k) Rollovers|

Exchange Traded Funds (EFT) and Your 401k

ETF’s (Exchange Traded Funds) are quickly becoming the next big thing in investments and are, just as quickly, appearing in more and more retirement plans. Several New York based investment firms are beginning to offer 401k plans solely based on ETFs, and more firms and companies are certain to follow.

By |2015-05-23T06:44:25+00:00June 7th, 2012|401(k) Rollovers|

Strategies for Overcoming an under-performing 401(K)

There may come a time when you open your 401(k) statement and realize that your 401(k) is not doing as well as you thought it was. The reasons may vary (examples are high fees, poor investment performance, inconsistent funding, etc.), but given that your 401(k) may eventually become one of your greatest financial assets, you may want to take note of the following methods to increase your 401(k)'s value.

By |2015-05-23T07:08:14+00:00June 7th, 2012|401(k) Rollovers|

Lump Sum Distributions: FAQ and Facts

The definition of a lump sum distribution can vary by company, and from person-to-person. This article, for simplicity's sake, is written under the assumption that you are receiving (or will soon receive) a lump sum distribution of your 401k or other retirement accounts as defined under current tax law.

By |2017-07-30T20:58:09+00:00June 7th, 2012|401(k) Rollovers|

401k Investment Tips: Essential Tools for Informed Choices

You know that investing in your 401k is vital to your continued financial security, but you maybe confused by the myriad of investment choices and options currently available. If find yourself currently in a quandary over how to best invest your 401k, these simple tips can help you to make an intelligent decision, and avoid common investing mistakes.

By |2015-05-23T07:23:04+00:00June 7th, 2012|401(k) Rollovers|

Investing in Your 401k

No one should have to tell you that investing in your 401k is one of the easiest, most secure, “no-brainer” investment strategies that you will ever make. If your employer offers matching contributions at any level, you should be especially motivated to invest, since this means that the amount that you will have available at retirement will be even greater than the amount that you put in.

By |2015-05-23T07:25:08+00:00June 7th, 2012|401(k) Rollovers|