Why 401(k) Retirement Plans Really Don’t Work
The good news about the Internet is the information we can get our cursors on instantly; the bad news is the information we can get our heads around instantly, but without any way of gauging accuracy, relevance, or completeness. This is particularly evident in the financial-investment-retirement world, where thousands [...]
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Health care groups paid Daschle $220K - Yahoo! News
Tom Daschle, tapped to be President Obama's health czar, was paid more than $200,000 by the health-care industry in the past two years, according to documents obtained by Politico.
The former Senate majority leader, who gave speeches to firms and groups with a vested-interest in the administration's upcoming
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A Little Known Irs Secret: The In-service Ira Rollover
If your employer’s 401(k) investment options suck or if its just plain too expensive and eats up your retirement returns while feathering the bed of the plan’s broker, move your money where you can control your investment options and fees.Let’s say you now age 60, don’t plan [...]
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If you’ve been keeping up with my blog posts lately you’ll know I’ve come to adding a few news posts from around the web on this subject. I’ve got a couple more today that are new and updated, so let me know what you think of em…
When Will 401(k) Matches Return?
After the last recession earlier [...]
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Benjamin Franklin, Pennies, and Millions of Dollars$$$
by: Tom Levine
1. On Benjamin Franklin:
In 1757, Benjamin Franklin published “The Way To Wealth”, a basic summary of his 25 year “Poor Richards’ Almanac.” In “The Way To Wealth”, Honorable Mr. Franklin states the following:
“Then since, as he says, the borrower is a slave to the lender, and the [...]
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Roth 401k: Roth Ira Contribution Limits And 401k Plan
Roth IRAs have become extremely popular retirement tools, but the minimal Roth IRA contribution limits and participant Roth IRA income limits have prevented many people from using them. The Economic Growth and Tax Relief Reconciliation Act of 2001 provided for designating Roth IRA contributions within a prequalified [...]
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If you’ve been keeping up with my blog posts lately you’ll know I’ve come to adding a few news posts from around the web on this subject. I’ve got a couple more today that are new and updated, so let me know what you think of em…
Nobel Prize Winners are Lining Up for Your 401k
The [...]
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401K limit applies if I changed jobs during the calendar year?
I have recently changed jobs and would like to know if the annual limit still applies to my 401K.
For example, year to date I've contributed $10K to my previous employer's 401K plan. Does this mea my 401K contribution for the year with [...]
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