Answers in Retirement Plans

Your personal retirement plans will have to be your primary method of funding your retirement and you should consider all the tools at your disposal to plan for and achieve your retirement goals.
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I would recommend that you make a short list of the personal attributes you are looking for in an advisor. Many people focus on numbers and performance to the exclusion of what really matters, and that is do you get along with and trust the person you ...(more)
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Avani Desai Level 1
Do you have a 401K with your current employer?
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Avani Desai Level 1
I am happy to help.
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Tripp Welch Level 2
It depends on the terms of the merger/aquisition. The fact that the new company does not have a plan established does not seem to point to the fact that you will have a forced election. Most mergers give employees the option to 1) keep $ in the old ...(more)
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If you are still looking for an answer to this question, "California Estate Law: Wills and Trusts Made Easy: Make Your Own Will, Trust, Power of Attorney Over Financial Affairs, and Advance Healthcare Directive" by Brenda J Edwards JD looks like a book ...(more)
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It depends on where your funds are being directly deposited. I would recommend contacting the benefits department at your company to find out the best way for you to make a change to your direct deposit.
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Most companies offer retirement programs that require employee contributions or elections. It is possible that your aunt elected not to participate or that she did not qualify for some reason. She could contact Motorola to find out where to get more information ...(more)
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From the sound of it, you will be able to take a withdrawal from that 401k, if you are not employed by that company anymore. You won't be able to do a loan if that is the case.
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I am so sorry for your loss! You can find contact information for the Walgreen's plan at https://wagprofitsharing.empower-retirement.com/participant/#/login?accu=Walgreens. Please let me know if I can be of any further assistance. Leah
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You will need to call the record keeper of the plan (most likely a firm like Fidelity Investments) and work with them to have the assets transferred into your name. Most likely you are already listed as the beneficiary. They will have paperwork for you ...(more)
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Going the DIY route can be very tempting, especially when the market has been on a historically long upward trajectory. But, as they say, "A rising tide lifts all boats. It's when the tide goes out that you discover who is swimming naked." In other ...(more)
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Depending on how easy it is to work with your companies plan provider, you can either withdraw the funds from your 401k plan or rollover your 401k into a traditional IRA account. Any non-rollover withdraws from your 401k or IRA plan will be taxable (fed ...(more)
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Hi Leah. A direct rollover between retirement plans does not count toward your ability to contribute to IRA accounts of any type. So the rollover will not interfere with your ability to contribute to your Roth IRA. There are still some other factors that ...(more)
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You should have a statement from the investment company so you can call that company to get information on your account. If you don't have a statement then call the company you used to work for and talk to HR to get contact information for the 401k provider.
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Hello, You are not permitted to offer plans that provide unequal benefits to certain classes of employees. You could establish a master 401k plan for all employees and perhaps offer highly comped executives a defined benefit pension option which could ...(more)
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