401(k)

Guide  

Guide  

Q&A
Asked by Lynn
Answered by Tracy Scott Burke, CFP®, ChFC® in Harrisburg, PA
Hi Lynn, Rebalancing your 401(k) is a good idea. As an example, assume your 401(k) has an initial asset allocation of 50% stocks/50% bonds. If the stock market do...
Q&A
Asked by Tom
Answered by Michael Hoffman, RFC, CLU, ChFCPRO+ in Grass Valley, CA
Fees paid to your advisor should provide benefits and value that out weigh the cost, or you should seek out another advisor. In order to do a good job for you the adv...
Guide  

News  

Q&A
Asked by David Drake
Answered by Mark Haynie, Mortgage Broker in Los Angeles, CA
Hi David - I assume you're currently taking distributions? If so you will have a distribution letter from your IRA provider that states you're taking $XX a month in 2...
Q&A
Asked by an anonymous user
Answered by Julia M. Carlson, Financial Adviser in Newport, OR
No! It’s generally a poor decision to take from your retirement to pay any bills. The reason is that your 401k is earning and building for what you’ll need later. It’s...
Q&A
Asked by an anonymous user
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Answer these questions first: is this house my long-term retirement home? Would this house make a good rental property? If the answers are "no", then don't pay off th...
Q&A
Asked by an anonymous user
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
I don't see anyone here mention that collecting SS @ 62 and continuing to work will cause a takeback of the SS benefits. For every $2 of earnings over the threshold o...
Ask a pro a question
Have your question answered by a professional
Characters remaining: 140
$firstLetter
Asking as: $ss.eas.userParams.displayName
Log in or sign up with email
By submitting you agree to our Terms of Service
Free MoneyTips Membership!

Get FREE, full access to MoneyTips.com