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Well, the election of 2008 has come and gone. Barack Obama is the president-elect of our great nation. Now, the main question turns to, “How will Obama’s election affect me personally?” Well, since you asked, the main target of the Obama administration may be your 401k, 403b, IRA, and other Retirement accounts. Read More »
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A wide range of sweeping changes to the 401(k) system were proposed Tuesday at a hearing on how the market crisis has devastated retirement savings plans. Read More »
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Typically when you leave a job, you should roll over your 401(k) to an IRA. Rollovers allow you to continue delaying taxes on your nest egg as it accumulates and avoid an early-withdrawal penalty. However, many people choose to leave their 401(k) with their old company, or roll it into their new company’s plan. There are several points to be aware of when making this choice with your 401k or 403b plan. Here's how to decide if a 401(k) rollover to an IRA is right for you. Read More »
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