Comments on: The Cost of Your 401k Plan After Retirement

By: snap401k

snap401k — Sun, 15 Nov 2009 17:05:37 +0000

small business 401k, self employed retirement plans, small business retirement plans and QuickBooks 401k plans are good financial plans.

By: Long Beach CPA

Long Beach CPA — Wed, 11 Nov 2009 01:55:00 +0000

As a Long Beach CPA, I have worked with a financial advisor that really make the related fees transparent to his clients. I really enjoy working with him and recommending him to my clients because he outlines the fees for the different investments. Great article on this subject.

By: Bowling Tips

Bowling Tips — Fri, 30 Oct 2009 20:17:57 +0000

I think if we balance out high and low interest rates over the years. One way to fund the annuity: Directing an employer’s match into the annuity rather than company stock or other investments.

By: clavier arab

clavier arab — Thu, 22 Oct 2009 14:02:46 +0000

Looks like a 401 k has more fees than anything else. Management fees and sub fees they seem to get money from you every way they can think of.

By: compare lms

compare lms — Mon, 05 Oct 2009 12:02:15 +0000

Right now, a retiree could have done everything right – from saving more than an adequate amount to picking the right investment options, but could still see a paltry payout from an annuity if interest rates are near lows. To offset that risk, Gale proposes continual contributions to an annuity that accumulates over, say 30, years — balancing out high and low interest rates over the years. One way to fund the annuity: Directing an employer’s match into the annuity rather than company stock or other investments.

By: Financial Advisor Marketing

Financial Advisor Marketing — Sun, 06 Sep 2009 23:10:56 +0000

I was a 401k consultant for years with one of the biggest and most respected mutual fund companies and what I noticed is most participants stay in their employer’s 401k plan out of pure inertia. Their choice of investments is so much better if they roll their account over. I just don’t get why more of them don’t take action. Thanks for this great information! Suzanne

By: Medway MA Real Estate

Medway MA Real Estate — Sun, 30 Aug 2009 21:40:24 +0000

As a self employed Realtor I know how important it is to save for retirement. It sounds like I am lucky to be able to contribute to a Keogh account rather than a 401k. I knew there were advantages such as the amount you can invest but did not realize the fees associated with a 401k.

By: Learning online

Learning online — Sat, 29 Aug 2009 18:45:18 +0000

There are some additional risks to a plan loan. A big one is that you could wind up leaving your employer before you repay the loan. In a 401(k) plan, if this happens, you must immediately pay back the loan, or it will be considered a taxable distribution—in which case you’ll owe taxes on the loan proceeds, plus any applicable tax penalties if it’s an early distribution (i.e., if you are younger than 59½). This can make a cash-crunch situation even worse, so you need to be very sure you’re going to stay at your employer long enough to repay the loan.

By: Earn Cash Fast

Earn Cash Fast — Sat, 15 Aug 2009 15:23:37 +0000

Ever Wondered About the Disadvantages of a 401k Plan?

The disadvantages of 401k plan usage are few. But, if you have the option to choose, there are several things to consider and be aware of. Here are a few things that you should know about IRAs, 401Ks and Roth plans.

By: Free xBox live

Free xBox live — Sun, 09 Aug 2009 21:14:06 +0000

The 401k plan really does leave you with fairly limited options, as there are certain funds you can invest. Then there is the fees to take into consieration.

I considered this for my parents when looking into retirement investment opportunities, however we soon decided to go with a self directed IRA.

I guess it really depends on the individual, but it makes it hard since there are so many retirement funding options available.