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?
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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?
Worried about diagonal wall cracks in my house due to settlement.?
05
Jun
Hi,My house is single story without basement and nearly 12 years old There was structurally no problem but 5 years ago my neighbor made a 4 storey building with basement just next side by side immediately adjoining to my house after it diagonal cracks started developing on the those walls(load bearing, load is of slab only) which are at right angle to wall which is adjoining to my neighbors structure or you can say on the walls which are at right angle to my neighbors new built up structure .They start from the joint of ceiling and wall(adjacent to the new built up structure) and goes diagonally throughout the wall and ends at the floor almost 10 feet in length and seems(not sure)also cracking the foundation as the crack also travels for few inches in the floor where it ends in the wall. The width of crack in each wall is nearly 1 mm and more wide upside i.e. near ceiling than floor I have repaired them twice in these 5 years every time they were nearly 1 mm wide .Last time I repaired them 2 years ago but after few months they again resurfaced and seems to be widening again. it. Although it is clear that they are due to settlement only .And I have read somewhere that sometimes it takes nearly ten years for the soil to fully settle but I am really worried and so please tell is there any serious problem involved with the stability of wall or what I have to do to overcome or what should be the repairing procedure of it..Although I am also a civil engineer but for Highways so if there is something that I should have to take care of or should be watched please suggest me and I will do that.Thanks
How can I go about getting money from my annuity?
02
Jun
I will receive a check for 12,850$ on August 9th of 2010. I would like to get my money fast as possible. Anyone know how I could get it fast?
Questions about investing, Roth IRA, etc etc?
01
Jun
I am a 25 year old male. I have been receiving an annuity since I was 18, and I was scheduled to to receive it until I turned 29. This probably doesn’t seem wise to most, but I just settled the rest of annuity with JG Wentworth for a lump sum of $27,000.
So, basically, beyond paying off debt and traveling, I want to take a good portion of this money and invest.Problem is, I haven’t the slightest idea how any of it works, and I guess I don’t want to get too deep into it either (meaning I have no plan on buying individual stocks.)
Basically, I want to invest in a retirement account and a mutual fund. If I take $10,000 dollars and split it up between the two, is that going to be enough to see any return? If I invest in a mutual fund, will other people take care of all the investing for me, without me having to be schooled on the stock market? Are mutual funds a better choice than just reinvesting in CD’s every 3 or 6 months?
Thanks. Any help would be greatly appreciated. I’m clueless.
What do you think about moving out “cash balance” money from company Pension account to an IRA rollover?
31
May
I’m 51 years old, recently retired and has $159K in cash balance account that our pension plan credits with 5% interest credit/year.
I’m assuming on an average year, the stock/mutual funds/ETFs will probably generate between 5% and 10%/year. This $159K present value will give me about $2,358/month for life at age 65.
Will it better to do an IRA rollover for a much higher earnings than the 5% from the pension plan or will it be better to receive $2,358/month for life starting 14 years from now? Any comment
will be appreciated.
How do you go about investing in a stock?
31
May
I am in my early twenties and want to get started with investing. What are some resources that are available to learn about investing?
How do you go about transferring an annuity (pension)?
30
May
My mother-in-law is probably going to have to enter a nursing home and will not be able to afford it. I understand that Medicaid will pay for the care, but first she has to use up all her assets. She has one small annuity that she gets from her former employer and we’d like to have that transferred to us so that we can A) go ahead and get her on Medicaid and B) be able to use that money to buy her the incidentals she’ll need.
So how do we do that? We don’t want to break the law of course, so we need a legitimate method to have that money transferred. Is that even legal is also a question I have too, if you know that.
Thanks for the responses 
What is the best way to learn about personal finance and investing? I know nothing and want to learn.?
28
May
I know nothing about personal finance. My parents never taught me and I need a complete introuduction to budgeting, saving, and investing. Step by step guidande kind of stuff. Does any have advice?
Advice about annunity payouts?
27
May
I have a small annuity. In 5 months I will be 59-1/2 The company informed me that I can take a yearly payout. The amount is very small $500 on $5000. There are two choices and I want to know the best choice:
a) Take the payout in cash over 9 years and pay 20% fed tax each year
or
b) Roll the payout into an IRA over a 9 year period.
Note: I am a fatalist. I don’t have children or husband and the company told me should I die the money goes back to the company.
what is the best move to make?
who would i talk to about opening a IRA or planning for retirement?
27
May
my husband and i work for places that don’t offer ira or any kind of retirement plans. We have been saving some money in a normal savings account for a little while,but i want to move on to something better. My husband says to keep it in the normal savings account, i told him maybe a ira or investing may be better. i told him that there are many more ways of making more money than a normal savings account. We don’t know where to start or who to talk too. any suggestions?
Why are we Americans so uneducated / misinformed about personal finance?
26
May
How can so many be so ignorant about something so important? Do ppl acutally think that that the gov’t is going to give them 800 bucks; do they not realize that they have to pay it back on next years income tax? Or at least have that deducted from their refund. How can so many fall for the Payday loan scams? How did so many get into ARM mortgages? Why don’t ppl educate themselves about personal finance?
does any one know about rent to own homes ,, my husband is a vet but our credit isn’t good due to credit theft?
25
May
i keep seeing rent to own homes is this for real and if so how do you find legit ones thanks so much .. i know buying a house right now would be next to impossible due to out credit which we would have about 15,000 to put down from my husbands annuity,, any suggestions …houses are so cheap now i hate to miss out
True and False Questions about The English Colonies?
23
May
9 Answer:
The Virginia colonies survived by growing cotton.
a. True
b. False
10 Answer:
The Mayflower Compact said that government derived its power from the
people who are governed.
a. True
b. False
11 Answer:
The major motive for settling the Massachusetts Bay Colony was profit.
a. True
b. False
12 Answer:
After fleeing religious persecution, the Puritans set up a colony with
freedom of religion.
a. True
b. False
13 Answer:
The Carolina colony tried to set up a feudal system of land ownership.
a. True
b. False
14 Answer:
Georgia, the last English colonial settlement, was never a charter
colony.
a. True
b. False
15 Answer:
The structure of government in the colonies was markedly different from
the structure of English government.
a. True
b. False
16 Answer:
The first black Africans came to the colonies as indentured servants.
a. True
b. False
17 Answer:
Colonial printing of too much paper money caused the value of money to
increase.
a. True
b. False
18 Answer:
Colonists were offered bounties to produce goods that England wanted.
a. True
b. False
19 Answer:
Shipbuilding was the most important manufacturing industry in the
colonies.
a. True
b. False
20 Answer:
The Great Awakening contributed to the growth of religious toleration
in the colonies.
a. True
b. False
What is the financial planning for the healtcare reform of obama and what can you forecast about this reform?
20
May
how much is this health care reform actually going to cost…what is the financial planning…? and what can you forecast about this healt care reform..? what do you think is it good or bad having this reform?