Archive for 401k


Sep
23

401(k) Plan Blackout Period

Posted by: Finance Gourmet | Comments (0)

With the meltdown of the banking industry just the latest in a long line of shenanigans that Main Street remembers happening thanks to Wall Street, it is no wonder that ordinary people are nervous about their finances. In particular, many people are worried about their 401(k) and how they will ever be able to retire if things keep happening to their hard earned savings and investments. That is why... Read more→

Categories : Retirement
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Mar
24

New 401(k) Primer Up

Posted by: Finance Gourmet | Comments (0)

The 401(k) Primer is up at www.financegourmet.com Direct Link to 401(k) Primer  Read More →

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Over on the Finance Gourmet information site, there is an article on the downside that most people forget when they take out a [tag]401(k) loan[/tag]. Most plans require you to repay the full amount within 90 days if you leave the company. If not, it is an early withdrawal for people under 59 1/2 — OUCH!  Read More →

Categories : Retirement
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