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  • Advantages of Making Salary Deferral 401k Contributions
  • 5 Characteristics of your 401k
  • Effects of the Pension Protection Act of 2006 on Lump Sum 401k Distributions
  • Tax Increase Prevention & Reconciliation Act of 2005 and 401k Retirement Plans
  • What Happens to your 401k when you are Divorced?
  • Risks of Investing 401k Retirement Plan Savings in Company Stock
  • Become a Millionaire with your 401k Plan
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    Research401k.com - Complete 401k Retirement Information

    Welcome to Research401k.com - A Complete Resource On Important 401k Topics such as Roth IRA Accounts, 401k Contribution Limits, Hardship Withdrawals, Self-Employed 401ks and more!

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    Quiz #1: Quiz on 401k Rollover into IRA - Rules, Processes, Time & Fees Involved
    Sample Q:

    In which of the following circumstances can you NOT do a 401k Rollover?

    a) You quit your current employer and want to rollover into an Individual Retirement Account (IRA)
    b) You officially retire at age of 65
    c) You want to cash out your money with the sole intention of passing it onto your heirs
    d) You reach the age of 59.5 and want to withdraw your money

    (Take Full Quiz Here!)


    What are the benefits of investing in a 401k retirement plan?
    Your 401k contributions grow tax-deferred up until you withdraw them (upon retirement). This means your dollars grow quicker and tax-deferred. The net effect is that you will have more real dollars working for you.
    - You have full control over your retirement savings. You can choose to invest in stocks, bonds, short term money market instruments, etc. This is unlike a pension plan where you are limited in choosing what type of investments best suit you. (Read Full)


    401k Retirement Plan Withdrawal Rules
    Most 401k retirement plans do not allow you to withdraw money unless you are facing some kind of a financial hardship. This is why some 401k withdrawals are also known as "401k hardship withdrawals." The above mentioned reasons such as death of a spouse (which is beyond human control) or a large medical bill are valid financial hardships. (Read Full)


    What is 401k Vesting and How Does it Work?
    Vesting is a type of security feature for companies to retain talented and hardworking employees for the longer term. 401k Vesting is the amount of time you MUST work for a company to fully accrue your 401k savings and not forfeit them (if you quit your job prematurely). Thus, when you are "fully vested", this means you have accrued your 401k retirement savings fully and can rollover into an IRA incase you quit working for the company. (Read Full)


    Effect of Taxes on 401k Retirement Savings Accounts
    1) Your current taxable income is lowered. For example, if you earn $10,000 per month, and contribute 10% of it towards a 401k retirement savings account, then your current taxable income is lowered to 90% x $10,000 = $9000. Instead of paying taxes on the $10,000, you will be paying taxes only on the $9000!
    2) You could thus put this $1000 into a savings account and let it earn you interest! (Read Full)


    401k Rollover into IRA - Rules, Processes, Time & Fees Involved
    You can do a 401k rollover under 3 circumstances only:
    - You reach the age of 59.5 and want your money
    - You quit your current employer and want to rollover into an Individual Retirement Account (IRA)
    - You officially retire (age of 65)
    If you meet any of the above characteristics, you can inform your employer by filling out a 401k election form. This will inform the employer whether you are:
    - Carrying out a lump-sum 401k rollover
    - Desiring regular 401k distributions (more like monthly income payments)
    - Rolling the money into another 401k plan or an IRA (Read Full)


    What is a 401k Plan? How does it work? What are the benefits of having a 401k retirement plan?
    A 401k is a company/employer sponsored retirement plan that allows workers to take out a portion of money from their daily paycheques, store it on a retirement plan account and earn interest tax-deferred. Tax-deferred means this saved income is not taxable until you withdraw it at the age of 65 or more... (Read Full)


    401k Lump Sum Rollover - Should Retirees Take the Cash or Rollover to Company Stock?
    If you are nearing your retirement or changing your employers, should you take the 401k cash distribution and roll it over to an IRA (individual retirement account)? Read more about rolling over your 401k to an IRA here. Apart from that, there is another attractive option, and it is making a lump sum rollover to your company's stock. (Read Full)


    401k Loans - Can You Withdraw Money from your 401k Account as a Loan?
    401k retirement plans are meant to grow tax-deferred continuously (without any withdrawals) up until you hit retirement age. However, we don't live in a financially perfect world. Things may come up in your life that require you to have immediate emergency funds for example death of spouse, big medical bill, etc. In such an event, yes you can withdraw money from your 401k retirement account. (Read Full)


    401k Investment Questions
    If you invest in a 401k or are planning to do so, then you must read our section on the different types of 401k investment options. Each investment option has its own level of risk. The best way to minimize this risk is to diversify your portfolio of investments into both low and high risk. Here is a summary of 3 different types of investors and their profiles: (Read Full)


    What is a 401k Plan? How does it work? What are the benefits of having a 401k retirement plan?
    A 401k is a company/employer sponsored retirement plan that allows workers to take out a portion of money from their daily paycheques, store it on a retirement plan account and earn interest tax-deferred. Tax-deferred means this saved income is not taxable until you withdraw it at the age of 65 or more... (Read Full)


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