401(k)

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Asked by Owen
Answered by Michael Minter, Financial Adviser in Tampa, FL
7% Free Money Match is the minimum, is your answer! Money you have over and beyond to invest, work with a independent financial professional to determine the most effe...
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Asked by Karen
Answered by Carlos Contreras, ChFC® in Aventura, FL
Because of the penalties and added taxes created by a withdrawal if you are under 59 1/2 years old, it really is not to your advantage to remove money from the 401(k) ...
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Asked by Carla
Answered by Michael Hoffman, RFC, CLU, ChFCPRO+ in Grass Valley, CA
Hi Carla, if your medical expenses also created a disability, then a distribution from the 401(k) may avoid the 10% penalty if you are under age 59 1/2. The ways tha...
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Asked by an anonymous user
Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
If you are 62 or older and have a decent amount of equity in your home you could do a reverse mortgage and eliminate your mortgage payment all together. Then you only...
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Asked by trish
Answered by James L Roberts, Independant Consultant in Lake Worth, FL
Your question was brought to my attention and I am happy to provide what help I can. As a strategic life, entrepreneurship, and wealth consultant, I hear this question...
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Asked by Per
Answered by Chance Barrett, Financial Adviser in Kalispell, MT
Great question. First, I would say it depends on your Risk Tolerance and Time Horizon. If you are able to handle bigger fluctuations in your account and have some time...
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