If you’ve ever seen David Letterman you know he’s made the Top Ten list famous. The guy’s been doing the same routine for more than 15 years and it’s still the most popular part of his show. These are the most common excuses I hear for NOT planning smart for retirement. Reason #10: “I’m too [...]
Roth 401k or Roth IRA:What’s the Better Retirement Plan Investment?
May 3, 2010 Leave a Comment
Roth 401(k) or a Roth IRA: Which Is Better for Retirement Plan Investing? Most places of employment will offer a variety of retirement plans you can choose to make use of. Two commonly asked questions are whether a Roth 401(k) is the same as a Roth IRA retirement account and is either one better than [...]
401(a) Plans / Money Purchase Plan Definition
April 12, 2010 Leave a Comment
A 401(a) plan is also referred to as a Money Purchase Plan. The 401a is defined as a type of retirement savings plan that allows you to save for retirement. 401(a) plans are offered by your employer and contributions can be made by yourself, your employer or by both. The contributions that are made [...]
401k Plan Facts-Tax Benefits, 401k Rollovers & Terminating
December 7, 2009 Leave a Comment
401(k) Plan Facts You Need to Be Aware Of As people head into their later years, their retirement planning often includes a 401(k) plan that is offered by their employer. The whole concept of the plan appears to be simple, but you should be aware that the 401(k) plan facts do differ from the [...]