Need Money|Where Can You Get It Is Borrowing From 401K The Best Way? When you need money to pay for today’s purchases, you want to make sure it’s the best way possible; which means you want it to be easy and cost effective. Borrowing from your 401k plan may be easy and it may be … Read more
Every one of us accomplishes our life’s goals at different times throughout our lives. We each use a different set of building blocks. We each face challenges and have to overcome those challenges in the development of our careers & financial lives. Do you know your challenges and goals? Do you know what will … Read more
Small businesses today have many types of retirement plan options available to them. Businesses can choose: 1) Business 401k plan (sometimes referred to as a Traditional 401k plan). 2) Simple 401k plan (sometimes called the small business 401k plan). 3) Simple IRA plan. The IRS considers all 3 of those retirement plans qualified retirement plans. And even though … Read more
Stop Before Withdrawing From Retirement Account If you need money and have balances in your retirement accounts you may be thinking about making a withdrawal from one of those retirement accounts. The best financial advice you can get is to stop before continuing with that financial transaction because it could be costly. Making a withdrawal … Read more
Excuses Will Not Get You To Retirement When the financial markets are so volatile it’s easy to make excuses for why you will never have enough money to retire. But that’s as far as the excuses go because investors are retiring every day even in these turbulent economic markets. If you truly want to retire … Read more
You need money but you’re not sure where to get it. You’ve exhausted all of your other sources. You’ve maxed out your credit cards; you don’t qualify for any more loans. So what can you do? Your 401k account has a balance in it and that balance is looking pretty good…be careful though, there can … Read more
When someone talks about 401k laws or 401k rules the tendency is stop in your tracks because it sounds so alarming and restrictive. But you should not be alarmed because 401k laws and 401k rules just address basic issues that investors should be aware of; they are actually designed to protect you as an investor. If you are aware, you will … Read more
A Simple IRA plan is one type of business IRA often used by businesses with less than 100 employees. The Simple IRA plan is popular with business owners for two reasons. The first reason is because it Is easier to start and administer than a 401k plan. The second reason is that the administration fees are usually less than a 401k plan. … Read more
Unless you can print money like the federal government does, you only make so much money; making that money work for you is crucial to getting ahead financially or staying behind. The key to having enough money is learning the proper way to manage it. How To Make Your Money Work For You Step #1 … Read more
How To Get Ready For Retirement If you want to get ready for your retirement, the question you need to ask yourself is whether you will be financially ready to retire when you are mentally and emotionally ready? It takes money to be able to retire, not just desire. Prior generations retired based on age, … Read more
Retirement | Fantasy Or Reality Will you be able to retire or will retirement just be a fantasy that is never attainable? Some financial experts suggest that unless you start planning and investing for retirement when you start your first job, retirement will just be a fantasy for you. The logic behind this theory is that … Read more
The 401k rollover rules, distribution rules, deductions and 401k contribution limits seem so complicated and yet they were all created by the government to be relatively simple to follow. But they are not simple, they are complicated so we will break down each rule for you. If you know the rules and how they apply to you, then you should … Read more
It’s tax season time; for some a dreadful time, for others a time that extra cash comes their way. If you will be getting a tax refund this year, the only question you will be asking yourself is what will you do with that money? How can you use that money wisely? Keep in mind … Read more
Powerful Retirement Planning Made Easy Will You Be Ready To Retire? There has been a lot of noise in the financial industry that social security may be in jeopardy for future generations. The way government programs are being cut to balance budget deficits, the financial industry may be right or they may be wrong; future … Read more
You need extra money to build up your investments, but you never seem to have enough money, so your investments are not as strong as you would like. Believe it or not, you may have extra money but just don’t think you do. If you are looking in the wrong places for extra money or you don’t … Read more
Your Retirement Planning Has Risks You worked hard to build up your retirement investment portfolio. As a good investor you should be aware of the different types of risk that can affect that portfolio, especially your retirement money. There are many types of retirement investment vehicles; 401k plans, IRA, annuities. Remember that regardless of the type of investment vehicle you have invested your … Read more
Financial Advice For Retirement Survival Financial planners strongly suggest that you to start planning for your retirement years as soon as you start your first job. Even though that sounds a bit drastic, it is very good advice; to survive your retirement years, you will need a lot of money and accumulating a lot of money takes a long … Read more
Many people think that we can only make New Years Resolutions in December and January each year, but that’s not true. You can and should make resolutions all year long; especially financial ones. The financial world is so dynamic that it is constantly changing. Since its continually in motion, your finances are in continual motion … Read more
What does the financial services industry offer most investors? They offer help. Help with saving money, help with financial direction and commitment. The main goal of a financial service professional should be YOU and YOUR financial goals. Financial professionals should help you find ways to keep more of your money in your pocket. If they are … Read more
So you want to be a millionaire by the time you retire, is it possible? Yes, yes, yes…if you work at it. Every millionaire started with financial basics. Every millionaire first achieved financial fitness and you can too. Wealth is the result of your hard work, your financial habits and your self-discipline. Tips On How … Read more