IRA vs 401k

Retirement Options

Simple IRA

New federal rules affect financial advisers who move 401(k)s to IRAs

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If you have amassed a large or even small fortune in your 401(k) retirement plan at work, an important decision eventually awaits: What should you do with the money when you retire or otherwise leave the company?One quandary is whether to keep the money in the company retirement plan (if that option is available) or roll it into an Individual Retirement Account to maintain your … [Read more...] about New federal rules affect financial advisers who move 401(k)s to IRAs

Support Builds to Make Every U.S. Worker Save for Retirement

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Efforts to require automatic workplace retirement savings in Oregon, California, and Illinois were so successful that now the pressure is on Congress to include mandatory coverage and a tax credit in a broad retirement savings proposal for the U.S. Nearly one in four working-age Americans aren’t saving for retirement, and those who are say they aren’t saving enough, according … [Read more...] about Support Builds to Make Every U.S. Worker Save for Retirement

Self-Directed IRA Misconceptions: Fact or Fake

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There is often a lot of confusion and misinformation circulating around that muddles the perception of self-directed IRA (SDIRA) custodians and accounts. Unfortunately, this perception can steer investors away from what could be a bene­ficial wealth-building tool to bolster their retirement strategy. Preferred Trust Company is here to debunk a few of those common … [Read more...] about Self-Directed IRA Misconceptions: Fact or Fake

Should You Prepare For a Housing Market Crash in 2021?

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pbk-pg / Shutterstock.comWill there be a housing market crash in 2021? A majority of experts think not.“People are saying we’re in a housing bubble, but I don’t think the term housing bubble is the right description,” said Tabitha Mazzara, director of operations at mortgage lender MBanc. “A bubble is something that’s going to pop. I look at it as a phase. The market is … [Read more...] about Should You Prepare For a Housing Market Crash in 2021?