Archive for Retirement
New 401(k) Primer Up
Posted by: | CommentsThe 401(k) Primer is up at www.financegourmet.com Direct Link to 401(k) Primer Read More →
401(k) Loans – The Great Gotcha
Posted by: | CommentsOver 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 →
How to Get a Bonus On Your Tax Rebate!
Posted by: | CommentsOk, it’s official. Pretty much everyone in America is getting a [tag]tax rebate[/tag] this summer. The IRS says they’ll start mailing checks in May. So how would you like to get a nice tax-free bonus on your tax rebate? Here’s how. Your tax-rebate is part of the [tag]economic stimulus[/tag] package recently passed by Congress and signed by the President. You will get up to $600... Read more→
Put Your Tax Rebate In an IRA or 529 Plan – GENIUS!
Posted by: | CommentsA client asked me what they should do with their [tag]economic stimulus[/tag] [tag]tax rebate[/tag] they will get later this year. (So will you!). Usually I tell people to pay down debt if they have any. They don’t have any. They also have already maxed out their [tag]IRA[/tag]s for 2008. But, they have kids! So I told them to put it in their [tag]529 plan[/tag]s. Then, the lights came on and... Read more→
