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As of a couple of years ago, they had some good target date funds with low expense ratios. I haven't come across them recently but I gotta imagine that those funds are still available.
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Jean Fullerton Level 1
You will owe tax, at your income tax rate, when you withdraw money from the account. Contact the company where your bother worked, or the custodian that holds the 401k to see what your options and requirements are for the account.
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Jean Fullerton Level 1
If you were listed at the sole primary beneficiary on your husband's IRA account you should be able to contact your adviser and/or account custodian and have them send you the forms to rollover his account into yours. If you are over 70.5 note that you ...(more)
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Contact your company benefits office or HR department.
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Contact your benefits administrator. They should be able to provide you with the information you seek.
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Roth conversions are taxable as ordinary income the year the conversion is made. I would suggest only converting an amount that will not push you into a higher tax bracket. If your tax bracket will be lower once you retire, that might be the time to ...(more)
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Roth IRAs are not taxed at all (as long as you are over 59 1/2 yrs old & have had the account open for more than 5 years. Withdrawals from your 401(k) will be taxed at the same rate as ordinary income tax (no penalties as long as you are over 59 ...(more)
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There are many types of loans out there - each are utilized for a specific purpose and are based on different aspects of your life (personal credit score, collateral (an asset like a home, car, or investment account)). The different types are: Open-Ended ...(more)
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The company address is listed as 160 Pacific Avenue, Suite200, San Francisco CA 94111, I would call them on 415.875.1000 or go to the website www.norcalwaste.com. You will need to find out who controls the ESOP on behalf of the company.
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This will depend on the plan type as there are restrictions placed on the different types of plan. Investopedia back in December 2015 posted an article stating "The majority of companies offer some sort of matching contribution for an average of 2.7% ...(more)
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You would need to contact the retirement company (Plan Sponsor) who runs the 401K. They can provide you with the statement of account showing all the investments and their value. Some offer online portals others will mail you the statement
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You will need to contact the plan sponsor. Their name should be at the top of the statement. You can contact them directly and discuss the options available. There will be a penalty to pay depending upon your age in addition to income tax. I would discuss ...(more)
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At the age of 70.5 you will be required to take out your (RMD)Required Minimum Distribution. The RMD is as it says the minimum distribution. The RMD is taxable as income for the year you receive it and each year after that. Taking the funds out and placing ...(more)
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Hari, You do have a lot options on how to handle your retirement savings. Are you currently working? Do you have a plan with your current employer? The investment choices and if you are wanting to contribute more should be the driving factors in your ...(more)
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Hey Hari, an IRA is an investment bucket, like a 401K plan. However, you can do anything in an IRA. You have limited choices in a 401K. To roll over a 401K, contact the HR department of your previous employer and have the check put into an IRA with ...(more)
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