If you’ve lost your job, or are changing jobs, you may be wondering what to do with your 401(k) plan account. It’s important to understand your options. What will I be entitled to? If you leave your job (voluntarily or involuntarily), you’ll be entitled to a distribution of your vested balance. Your vested balance always includes your own contributions (pre-tax, after-tax, and … [Read more...] about Changing Jobs? Know your 401(k) options – The Post-Searchlight
Roth IRA
Peter Thiel’s $5 billion Roth IRA moves Congress to consider changes to investment account’s rules
Paypal PYPL, +0.31% co-founder Peter Thiel’s $5 billion Roth individual retirement account balance has some members of Congress second-guessing the tax policies of these investment vehicles. Massachusetts Democratic Representative Richard Neal, who chairs the House Ways and Means Committee, has requested a proposal to “stop IRAs from being exploited,” he … [Read more...] about Peter Thiel’s $5 billion Roth IRA moves Congress to consider changes to investment account’s rules
It isn’t too late for millennials to build wealth. Here’s what to do
Trevor Williams | DigitalVision | Getty ImagesThe eldest millennials are now approaching 40 and have experienced a few major setbacks that have kept them from building wealth in their adult lives.First, they were hit by 2008 recession — at the time, the worst economic downturn the U.S. had seen since the Great Depression — just as they were entering the workforce. Then, just … [Read more...] about It isn’t too late for millennials to build wealth. Here’s what to do
What Is A Roth IRA Vs. Traditional IRA? – Seeking Alpha
What Is A Roth IRA Vs. Traditional IRA? Seeking Alpha … [Read more...] about What Is A Roth IRA Vs. Traditional IRA? – Seeking Alpha
Don’t Let These 3 Social Security Surprises Ruin Your Retirement
Many seniors rely heavily on Social Security to cover their living expenses. And unless you enter retirement with a heaping pile of cash in an IRA or 401(k) plan, you might have a similar experience. But the last thing you want to do is get caught off guard on the Social Security front and struggle financially because of it. Here are three less-than-pleasant Social Security … [Read more...] about Don’t Let These 3 Social Security Surprises Ruin Your Retirement