Wednesday, March 31, 2010

Tax Time is Here | Have you made your IRA Contributions?

Tax Time is Here | Have you made your IRA Contributions?

Individuals are scrambling to find tax deductions, yet many forget to make a contribution to their IRA. The type of IRA contribution

Monday, March 29, 2010

401k rollover or 401k withdrawal?

401k rollover or 401k withdrawal?

401K Rollover or 401K Withdrawal?

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Understanding your 401k options is a must
For many, a 401k is the main component of retirement planning. Therefore, it is vital to understandthe 401k distribution process. You may be approaching your long awaited retirement, or just simply changing jobs. Regardless of your situation, there is a particular process that should be followed when dealing with your 401k plan. If a 401k transaction such as a rollover is done incorrectly, major penalties and complications may arise. If done correctly, you can continue with a more comprehensive financial plan.
Depending on the number of years that you have with a company, your 401k nest egg

Tuesday, March 23, 2010

Using Asset Allocation in your 401k Planning Strategy

Using Asset Allocation in your 401k Planning Strategy

How should I divide my 401k Investments?

Here's a quick quiz.

Which strategy is more likely to help you reach your retirement goals: Finding the next hot fund about to rally and investing everything in it, or splitting your money among carefully selected funds, some of which don't even appear to be winners? If you answered the latter, you probably have a good idea of what asset allocation is about. If you answered "finding the hot fund," you need to pay especially close attention to this article.

Asset allocation is a strategy used by long-term savers to spread their money over several investment classes. Its goal is to maximize returns for a given risk level. It's not an exciting strategy, but it has a good track record of helping savers reach their goals.

Read more here

Tuesday, March 2, 2010

Dollar Cost Averaging, A Tried and True Investing Strategy

Dollar Cost Averaging, A Tried and True Investing Strategy

Dollar Cost Averaging is an investment strategy that used for investing in the stock market over a period of time. Using dollar coast averaging risk

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