401k retirement plans are lot popular these days. Do anybody knows what are the benefits of 401k plans ?
Posts Tagged ‘401k’
Is a roth 401k better than a regular 401k plan for a 21 year old? I dont know anything about retirement plans
09
Jun
Is a roth 401k better than a regular 401k plan for a 21 year old? I dont know anything about retirement plans. But the lady giving the presentation at my work said roth 401k would be better for my age but I dont see how. Also my company will match up to 5% any tips I should consider?
Is a roth 401k better than a regular 401k plan for a 21 year old? I dont know anything about retirement plans
09
Jun
Is a roth 401k better than a regular 401k plan for a 21 year old? I dont know anything about retirement plans. But the lady giving the presentation at my work said roth 401k would be better for my age but I dont see how. Also my company will match up to 5% any tips I should consider?
I am a non citizen and have invested in US markets & 401k. will i be able to access investments once i leave?
08
Jun
I have been working in US for last 4 years on H1-B visa and my employment based greencard is in process. I am anticipating a greencard within next 2 years. I have invested in mutual funds and employer 401(k). If I decide to return to my home country in coming years (after my greencard is processed), will I be able to withdraw funds from my US 401(k) and other investments (for example – annuities) when they mature? I understand that to return to my home country, I will have to give up my green card. However, will I still have access to my investments in US? are they any legal/tax issues involved? Or is it benefitial/advisable to just liquidate my investments, take penalty hit and take the money home?
Why would my employer pick a 401k over a SEP IRA?
07
Jun
Is it true that with a SEP IRA my employer would have to give all employees the same percentage he gives himself?
also…why would my employer agree to do the Safe Harbor matich? What’s in it for him?
Rollover a 401K and IRA into one account?
03
Jun
My Mom has a 401K account from an employer where she recently left. She also has a regular IRA at a mutual fund company. We’d like to combine those into one account, can it be done and then later setup for retirement withdrawals?
I’ve seen Rollover IRA’s but they appear to be used for holding when moving from one employer to another.
New 401k plan is based on variable annuities.?
02
Jun
At my office we recently switched 401k providers to one that invest in variable annuities. Could there be any advantage to this? I have read some of the tax advantages of annuties but they don’t seem to relate to 401k plans. Everything I read online says the fees are higher. Was this a good or bad move?
We have different mutual funds available through the group annuity.
My small business plans on hiring employees next year. Do I go with 401k or SEP IRA to maximize savings?
30
May
When do you go with a 401k? When do you go with a SEP IRA? What are the pros and cons here? Thanks!
When converting from a Rollover IRA to a Roth IRA, is the money from the 401k rollover non deductable?
21
May
I’m doing my taxes and I’m wondering if any of the money in the traditional IRA I converted to a Roth IRA in 2005 is treated as a non deductable conversion. $1,400.00 was rolled over from a former employer 401k into a rollover IRA in 2002. Is this money treated as non deductable or do I have to pay tax for conversion purposes to the Roth IRA on this portion of the total amount I converted as well?
Can my business have a SEP IRA when I still contribute to another company’s 401k?
19
May
I recently started a side business and may actually double my income. I have currently been funding my 401k the max 20% but will only save about $8000 a year. Can I start a SEP IRA for my business and invest the other $7000 or is there a limit on my many plans I can take part in?
does yahoo have a retirement calculator that includes both fix income from pensions and 401k saving?
18
May
Can you receive Ohio Unemployment and cash out an Annuity (401K) account at the same time?
15
May
I have been unemployed since august 2008. i am currently receiving federal extended benefits from state of ohio. is there a way to cash out my annuity(401k) and still receive unemployment as I belong to a union that has a out of work program. Especially since there are 300 members and only about 50 are currently working. i need the unemployment to break even with mortgage and bills and the annuity would really help get me out of debt. If anyone has done this please explain what all happened
can you rollover 401k into an existing roth IRA?
15
May
I have a 401k with my job and a Roth IRA. I’m planning to leave my job soon (for school) so can I rollover my 401 into the current Roth IRA since it would be less than the annual contribution limit (about $2500). Or do I have to open a “Rollover IRA” and then maintain two separate IRA accounts?
401K and IRA question?
12
May
I’ve lost my job a year ago, and then I’ve relocated my 401K account and bought a fixed annuity, and none has told me if I stayed with my 401K I’d be able to avoid 10% penalty in the case of hardship.
Is it true?
And why financial advisers don’t advise us in this?
How to transfer the US-based 401k account balance to a 2a or 3a retirement planning account in Switzerland?
08
May
The company I worked for in the U.S. is closing down the 401k plan. I moved back to Switzerland and would like to transfer the funds from this US-based 401k account back to a retirement planning account (so called 2a or 3a) without incurring taxes. HOW DO I DO THIS?