You have probably heard the term 401k before, but you may be unsure about how a 401k can benefit you. If this is the case, don’t worry, you are not alone. Read on to discover the answers to some of the most frequently asked 401k questions.
Learn the rules to avoid a tax mistake when you roll over your Individual Retirement Account Individual Retirement Account (IRA) rollover is a tax-free distribution from one retirement account to an IRA. It allows your savings to continue accumulating, tax-deferred. An IRA rollover comes in handy if you'd like to consolidate your retirement plans into [...]
The IRS Wants Control Over Your IRA Location The IRS wants as much control over your IRA as possible: New rules tighten the grip. In the past, if you were the owner of an IRA, you were free to move your funds as much as you wished. As an example, if one bank had a [...]