Tag Archives: personal finance

Why A Solo 401k May Be A Good Option

A solo 401K is a retirement plan intended for self-employed individuals. As with an employee 401K, it also features tax-deferred advantages for those who participate in the plan. Continue reading

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Get Guidance On Finding Investment Properties From Bank REOers

Deals abound! When it comes to REO Properties, you can discover discounts for hours on end. The secret is understanding how to obtain these premises while not getting torched. Additionally, you must learn the mentality of the banks and lenders. Continue reading

Posted in Investing | Tagged business, career, employment, Entrepreneur, Foreclosures, Homes, Part time jobs, personal finance, Real Estate, Retirement, Wealth building | Leave a comment

401K Plan Hardship Withdrawals

Participating in a 401K Plan has a lot of advantages. Bear in mind though, that 401K Plans are intended to help you monetarily when you reach retirement. Consequently, any withdrawals you may make from your 401K Plan at an age younger than 59 may come with steep penalties including 10% of the amount withdrawn and subjecting this to income tax appropriate for your tax bracket. Continue reading

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Looking Into 401K Plans

A 401K is a retirement plan that has been set up to help an individual prepare monetarily for retirement. Many employers offer this as part of company benefits to attract and keep good employees. Continue reading

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Information on IRA roll overs

Rollover IRA account is not technically recognized by the IRS designation. However, it is a very good name, which you can use your financial planning. It is also a great way to describe what happens when the rollover money from one account to another. Another way to classify an IRA rollover account is to call accounts of destination, i.e., they target the money is rolled over. Most people start the rollover IRA when they have a new job or when you try to combine multiple retirement accounts into one big account. This stabilization will be made on the management of their retirement savings much easier and is a very common cause of rollover IRA. Continue reading

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