November 27, 2022

IRS Grants Three-Year Extension for 401k Plans’ Adoption of CARES and SECURE Act Amendments – Sequoia
IRS Grants Three-Year Extension for 401k Plans’ Adoption of CARES and SECURE Act Amendments – Sequoia

On August 3, 2022, the Internal Revenue Service (IRS) released Notice 2022-331, providing 401k plan sponsors an extension until December 31, 2025 to adopt formal plan amendments under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). This extension applies…

Read article
How do I cash out my Roth 401k?

If you are fired, you lose your right to any unvested funds (employee contributions) in your 401(k). You are fully vested in your contributions and cannot lose this portion of your 401(k). Should I max out my Roth 401k? Invest as much as you can—at least 15% of your pretax income—financial planners recommend. The rule…

Read article
Rollover 401k to Gold
Rollover 401k to Gold

Can you roll over your 401(k) to gold? What’s the best way to avoid penalties? Read on to learn everything you need to know. You might want gold in your 401(k) for several reasons. These reasons may lead you to wonder how to roll over an existing 401(k) to invest in gold. Fortunately, the answer…

Read article