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Should I use my 401k to buy a home?
Should I use my 401k to buy a home?

Should I Use My 401k to Buy a Home? Buying a home can be a financial stretch. With soaring home values and rising interest rates, many potential first time home buyers find saving for a down payment increasingly difficult. For many people, the main source of savings is in the form of a 401k and…

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The Importance of Benchmarking Your 401k Plan
The Importance of Benchmarking Your 401k Plan

Suppose you implemented a 401k plan several years ago. You were excited to provide another benefit to employees and perhaps even offered a generous match within the plan. Congratulations, everything is good…right?! Maybe, but there is more to a 401k plan than simply making it available. As it turns out, business owners (plan sponsors) who…

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Borrow off Roth and Pretax Solo 401k Funds Concern:
Borrow off Roth and Pretax Solo 401k Funds Concern:

Borrow off Roth and Pretax Solo 401k Funds Concern: Function 1098 cannot apply at unicamente 401k new member loans while the attention reduced on the a solo 401k fellow member loan is not taxation allowable. Amount borrowed Computation Matter: How to take out a personal bank loan of my solamente 401k account? Just what focus…

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How to Invest Your IRA or 401k Funds into Alternative Investments
How to Invest Your IRA or 401k Funds into Alternative Investments

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Can I Contribute to a 401k and IRA?

Written by: James Fox IRAs and 401ks are the two most popular retirement accounts that people will save into for retirement. But, despite their popularity, I am commonly asked, “Can I contribute to a 401k and IRA?” While the short answer is yes, we should first dive into some basics regarding both IRAs and 401ks, as…

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Maximize the money your 401k and IRA beneficiaries inherit
Maximize the money your 401k and IRA beneficiaries inherit

Who should you name as the beneficiaries of your pre-tax retirement accounts, and why? You are working on your estate plan, and trying to figure out who you should name as the beneficiary of your 401k account and IRAs. Simple – the kids, right? Not so fast. Who should be your 401k beneficiaries? Who should…

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