Making the Right Choice With 401k Rollover To IRA

Traditional 401K retirement savings plans make use of tax-free deferred contributions from employees to fund the savings account. The fund itself, as well as all profits to be gained through it, are tax exempt. Taxes will only be imposed when upon reaching the age of 59 ½  the holder of account makes “distributions” or withdrawals from the account. The amount of tax deducted will correspond to the … [Read more...]

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Don’t Forget About Your 401k To IRA Rollover When You Switch Jobs

Many employers now offer 401k programs for their employees. The idea is that the employees will work with their employers to help them prepare for retirement in the future. Normally the company will offer to match up to a certain percentage of funds placed into the 401k by the employee. The 401k is the investment vehicle used by corporations which gives employees a number of mutual funds to … [Read more...]

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