Topics

  • No topics
 

Search

401(k) Rollover Options and Tips

January 6, 2014

Points to Consider before Processing a Rollover  [Note:  Although this article refers to 401(k) plans, the same points apply to 403(b) and 457 plans] First, take your time and beware, this is your hard-earned savings we’re talking about. There is a lot of competition among big Wall Street firms to get you to roll over […]

Read more...

When to Consider NOT Rolling over your 401(k)

[Note:  Although this article refers to 401(k) plans, the same points apply to 403(b) and 457 plans] If you have already landed a new job, you might want to check out your new employer’s 401(k) plan and consider a rollover to that, instead of to an IRA.   If any of the following situations apply to […]

Read more...

The Mechanics of completing a 401(k) rollover

[Note:  Although this article refers to 401(k) plans, the same points apply to 403(b) and 457 plans] Don’t be intimidated by the paperwork.  It might be a bit tedious but it’s not difficult.  For accounts that we take under management, we do as much of the paperwork as possible.   If you are going to manage […]

Read more...

Flexible Spending Arrangements – change to the “use it or lose it” rules

November 3, 2013

A Flexible Spending Arrangement (FSA) allows an employee to designate up to $2,500 of wages to pay for certain health care costs. Contributions to FSAs are not only free from income tax but also from payroll taxes. For workers with wages under the Social Security wage base (which is $117,000 for 2014) this is a […]

Read more...