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State Lotto Winners: Beware!
If you're ever lucky enough to win the Connecticut Lotto, don't quit your day job yet, or at least until you check the bottom line on your bank account. Lotto officials like to tout the top line figure, but when all is said and done the amount you get may disappoint you.
12 commentscan you have a 401k and an ira at the same time
If you have the financial wherewithall to have the option to fund both a 401(k) and an IRA you are taking serious strides in the right direction. The question often arises, though. WIth all the rules...
8 comments401k Rollover Rules
You might be confused at the moment on what you should do if you are leaving a job and have inquires about your current employer-sponsored 401k retirement plan. Well, you must stop being mind-boggled since...
0 commentsDo you Know the Roth IRA Rules?
The IRA or Individual Retirement Account is a savings plan provided by the US government for anyone who has a taxable income in order to save for retirement. In the traditional IRA you get to put the money in...
1 comment401k Rollover to IRA
A 401k retirement plan in the US permits a worker to arrange and save for retirement by making contributions and at the same time deferring the current income taxes on the money deposited until distributions...
0 commentsHow to Maximize Your Paycheck
Many individuals when they take on a new job, or have stayed on board with the same employer for a long time have a tendency to leave the details of their paycheck to the accounting or human resource...
0 commentsYour 401k and Early Retirement
The American dream is to retire early. Who wouldn’t want to put work behind them and spend their days traveling, with friends and family, participating in hobbies, and relaxing? In the past, early...
0 commentsMaximizing Your Income
If you've been with your employer for a long time, or if you've taken on a new job recently, the last thing you want to do is trust that the accounting department is looking out for your best interest when it...
1 commentBest Rollover IRA
As an employee, you will have the opportunity to prepare for your retirement by making contributions to employer-sponsored retirement accounts through the 401(k) plan of your company. When you hit upon greener pastures and you decide to leave your current employer, there are normally four options that you can execute. If you prefer the rollover option, there are some things you need to carry out, so you can get the best rollover IRA.
1 commentHealth Savings Accounts - A Solution to the Health Care Crisis
Health Savings Accounts (HSAs) are special savings accounts that are created in combination with a high deductible health insurance plan. Like traditional IRA (Individual Retirement Account) plans, money...
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