This is a qualified plan.
Posts Tagged ‘Plan’
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?
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.
When is the status of a deceased retirement plan participant determined, after retirement or after death ?
31
May
My uncle technically retired from his job as single on March 5, 2009 with no designated beneficiary in his retirement plan. He married on March 10, 2009, but he died on March 15, 2009. What status should be followed in his retirement plan in order to determine the beneficiary?
This is an Employees Retirement Plan
I mean company pension.
Not Union pension, but company pension.
There is no best answer nor right answer here.
I plan on investing up to $5k this year in a tax deferred vehicle. What is a good option?
26
May
IRA with mutual funds, tax deferred annuities? I heard tax deferred annuities are not protected by the govt if the company becomes insolvent and the tax consequences to your heirs if you die are higher. Any advice?
What to do when Term Life Insurance plan is cancelled and not transfered?
25
May
My mother was diagnosed with cancer a year and a half ago and worked up until last December.
She had a $150,000 term life insurance plan through her old employer also. We just found a letter that we received around 4/18 saying that her benefits from work were going to be canceled on 4/18, this included her life insurance plan. They said the insurance company (Met Life) would contact us with details on how to transfer the policy or we could call a number. We were too busy caring for her at the time to deal with this.
We finally received the transfer papers from Met-Life today 5/20, a week and a half after she passed away on 5/8.
They tell us it is too late to transfer her plan and we cannot collect the the life insurance money. Is there any requirement for the insurance company to contact us in a hasty manner? Is there any way to transfer the policy now? I just saddens me to think that she died 3 weeks too late for us to receive the life insurance plan she paid for.
What is the best retirement savings plan for a small business owner?
25
May
I’m a small business owner (4 full time employees) who does not offer any retirement plan or have one for myself. My employees are commission based only. What would be the best retirement plan for me and for all of us, individually? Thanks!
what are the advantages and disadvantages of opening a retirement plan?
25
May
I am planning to open a retirement plan but what are the advantages and disadvantages of opening a retirement plan and what is the best company to open an account with?
How do I choose a company to use for my retirement plan?
24
May
I plan to open a 403(b) in August. I have been told that mutual funds are better (and cheaper) than annuities, and so that is what I want to put my money. (I don’t intend this question to be a mutual fund vs. annuity debate). My school district sponsors 20 retirement planning companies, and their websites don’t seem to distinguish the competition. Some companies include Fidelity, Primerica, Vanguard, Metro Life, Equitable, Putnam, etc. How do I choose which company is best for me whether or not I end up getting mutual funds or annuities?
I teach in Florida. We have the Florida Retirement System (FRS). My school district puts money into that, which I can choose either to be a pension (with benefits after 6 years of service) or an investment plan (with benefits after 1 year). I choose the investment plan because I don’t know if I will be in teaching in the long-run or if I will at least be in Florida for 6 years to get the pension benefit. According to everyone, the FRS will not be enough, so we have the option of opening up a 403(b) plan with one of these companies to supplement the FRS money. There is no matching in this 403(b).
I am 23 years old.
Any Suggestions?! i’m planning to get a retirement plan (roth ira) under mutual funds, is this good or bad?
22
May
Hi, i’m new here about Plans, Investments… I need your suggestions.. i’m planning to get a retirement plan (roth ira) under mutual funds, is this good or bad? what’s its advantages/disadvantages?
How do i plan for health care bill after retirement?
18
May
I recently read an article on MSN that health care after retirement is costing close to ~250k despite medicare and is growing at at brisk pace of 6-7.5% a year.
How do i plan for this in my retirement plan ? This kind of expenses will erode my retirement savings by a lot.
What retirement plan rules do you need to know for the series 7 exam?
18
May
I have a STC book my company gave me and it has the 2004 numbers for all the retirement plans. I know there was a major change in late 2006, so should I know the old rules or the new ones?
Also, I’m getting at least 90% on all practice exams and understand the options in the book very well. The only thing I have trouble with is remembering some details like all the exemptions for rule 2790. Is the exam that detailed?