» 401k Retirement Plan Guides

401k Retirement Plan Guidance

Roth IRA Phase-Out Rules Regarding Contribution Limits

There are certain circumstances when your contribution limit to a Roth IRA account may be reduced (phased out); namely, when your modified adjusted gross income (AGI) goes above a certain level.

IRS 401k Contribution Limits for 2009, 2008 - 2004

We have provided you with the contribution limits to your 401 (k) plan for the years 2004, 2005, 2006, 2007, 2008 and 2009 as they are established by the IRS (the Internal Revenue Service).

SEP IRA Contribution Limits for 2009, 2008 - 2004

A SEP IRA (Simplified Employee Pension Individual Retirement Account) is a retirement plan that is easy to set up and administer, and has relatively low administrative costs. Under a SEP plan employers make contributions that are subject to certain limits.

403(b) Contribution Limits for 2009, 2008 - 2005

Just as with a 401(k) plan, 403(b) plans allow employees to make salary deferral contributions to their 403b plan sponsored by the employer. These contributions are limited by certain regulatory caps.

Simple IRA Contribution Limits for 2009, 2008 - 2003

A SIMPLE IRA is an employer sponsored retirement plan, which is typically used by small businesses and allow eligible employees to contribute a limited part of their pre-tax pay to the retirement plan.

Traditional IRA and Roth IRA Contribution Limits for 2009, 2008 - 2002

The Federal government imposes certain annual contribution limits to Roth IRA and traditional IRA accounts. In this article will find the IRA contribution limits for the years 2002, 2003, 2004, 2005, 2006, 2007, 2008 and 2009.

Section 457 Plan Contribution Limits for 2009, 2008 - 2005

Basically, the contribution retirement plans described in IRC section 457 are very similar to the 401(k) or 403(b) plans and all are subject to certain contribution limits. You can contribute both to a Section 457 retirement plan and a 401k plan.


If you are a small business owner or self-employed you can still make contributions for your retirement years. This can be done by using a Simplified Employee Pension Plan (also known as SEP IRA). Separate SEP IRA accounts are opened for each employee. You should also establish a separate SEP IRA account for yourself.

Retirement Assets Allocation

The key to achieving security in your retirement years is to start allocating from an early point in your life on the basis of a predetermined plan. You should make a clear view on whether the resources you have allocated for your retirement will be sufficient to cover your needs.

Successful 401k Plan Considerations

In order to build a successful 401k plan you should observe the reports that many financial periodicals such as USA today, the Wall Street Journal and Los Angeles Times provide.

Life Cycle Mutual Funds

In the 1990s the first life cycle mutual fund was introduced. It is also known as age-based fund or target-date fund. It was not until recently that lifecycle mutual funds gained great popularity.

Emergency Fund Importance

The inclusion of a six-month emergency fund in your investment portfolio is of extreme importance, since it will provide for your daily living expenses in cases of emergency.

Home Investment - When and Should I Buy a House?

Despite these additional costs, home investment still represents a profitable investment, which should not be ignored just because of the expenses you would otherwise pay if you lived in someone else’s home.

Open Roth IRA Account

Opening Roth IRA account provides many benefits to its users and most financial specialists consider it as one of the most advantageous investment opportunities ever offered to investors.

Eliminate High Interest Rate Credit Card Debt

In order to build a successful investment portfolio you should ensure that you have eliminated all high interest rates on your credit card debt. This should be done in order to ensure that your future financial plans are not hampered by the burden of paying unnecessary high interest rates.

Maximize Contributions to 401k to Benefit Employer Matching

You should strive toward the maximization of your 401k contributions in order to get the most of the matching that your employer provides. The contribution matching possibility has been provided by an increasing number of employers.

Benefits of 401k Plans

Make sure that you select the right investment opportunities for you, which both meet your current financial situation and correspond to your financial goals. Only then you will be able to benefit from the many benefits of 401k plans such as compounding just to name a few.

Personal Financial Planning Advice

Here are some personal financial planning advices you should follow to ensure your financial success during the next year.

Financial Advice for the Upcoming Year

Here are some advices you should follow to ensure your financial success during the upcoming year.

Individual 401k Plans Improvements

Another trend that is observed is the huge percentage of rollovers to individual 401ks due to the new opportunities. The investors truly realize the benefits they gain from them and transfer their resources.

Individual 401k Plan

Several changes regarding Individual 401k plans have been implanted. The pension reforms increased the popularity of Individual 401ks by providing more opportunities for maximizing retirement savings.

Solo 401k Plan

This article is directed towards the owners of a business, who are willing and able to establish a 401 (k) plan. The solo 401 (k) plan is the opportunity given to business owners to allocate money for their retirement years.

Specifics of the IRC 401 (c) Section

A good source for determining whether you fall in the category of either self-employed or owner-employees is the IRC Sec. 401 (c).

Personal Financial Planning

In order to make the best use of the financial resources you have, you should prepare a personal financial plan to which you should stick in order not to waste your money on unnecessary things and deprive yourself of resources when you really need them.

How to Create and Write a Financial Plan

How to create and write a financial plan - after you have determined your current financial position you should embark on identifying the future position you want to reach as regards to finances.

401k Home Loan

Almost every company today offers its employees to make contributions to a company-sponsored 401k plan in order to provide financial resources for their retirement years.

Planning a Budget

Planning a budget - this article provides general guidelines on how to successfully establish a monthly budget to follow as regards to your expenses.

Emergency Fund Calculations

The emergency fund is an obligatory component of every retirement plan. It should be enough to cover your daily expenses for at least six months.

Stretch IRA Basics

The type of IRA that is used for the purpose of extending the tax-deferred earnings period is often referred to as a Stretch IRA. There is no specific time at which you should open a Stretch IRA account.

401k Plan Advantages

401k plans offer many opportunities to their contributors. Next follow several reasons why should not put off your participation in such a retirement plan.

What is a 401k Plan

A retirement plan sponsored by the company on behalf of its employees is referred to as a 401k plan. One of advantages of 401k plans is that they save you money since contributions and profits are tax deferred from both federal and state income taxes.

401k Retirement Plan Fundamentals

Most people are not well aware of the many functions and implications of their 401k plan. They find it confusing the way they can balance their retirement plan, when they can make withdrawals form it and how to do it.

401k Plan Advices for Employers

Before providing your employees with the possibility of contributing to a retirement plan, you should carefully consider the following issues that surround the construction of a 401k plan.

Reasons to Offer a 401 (k) Plan

This article is targeted to those employers who want to attract the high caliber employees to their companies.

Effects of Changing Jobs on 401 (k) Plans

If you have to the point of considering changing your current employer, you should carefully consider what impact will have this job change on your 401 (k) plan.

Medicare Health Insurance Explanation

Medicare is the term for a health insurance program for the following individuals:

Personal Financial Goals Planning

When you plan your personal finances goals you have to first start controlling your daily financial activities. After you have established your budget that will facilitate this, your next step toward financial success is the determination of long term financial goals.

Non Profit Consumer Credit Counseling Agency Advices

In order not to fall in the trap of the many consumer credit agencies that try to take advantage of your delicate position, read this article, which provides advice on how to choose a reliable non profit consumer credit counseling agency.

How to Make a Budget

How to Make a Budget - structuring a successful budget is of average difficulty and takes no more than 3 hours. It represents the first step that should be undertaken for a successful financial planning.

Financial Checkup Steps

The annual financial checkup provides you with the opportunity to see whether you are following the right direction with regards to your financial objectives.

Motives to Use Personal Financial Budgeting

Budgeting represents one of the factors that can greatly improve your way of life. First of all, budgeting allows you to determine your personal financial direction.

Top Don’ts in Retirement Planning

No retirement plan is insured against failure until the time for retirement comes. Many of the people don’t even set up a retirement plan, whereas others sustain great losses.

Advanced Directives as Part of Your Retirement Plan

Advanced directives are a must to be included in your retirement plan. You should provide for your potential loss of ability to make independent medical decisions and make the necessary moves to complete an advanced directive.

Education IRA and IRAs for Children Opportunities

Education IRAs represent a type of an IRA account that is opened on behalf of your children. The contributions that are put into the education IRA account are subject to taxation, but the earnings themselves are not only if the money retrieved are for education purposes.

What is a Rollover IRA

IRAs are advantageous in the case your company provides a payout as part of the sponsored retirement plan. By transferring the money into an IRA, you will still enjoy not paying taxes to the accumulated amount.

Spousal IRA

You can open a Spousal IRA account to your spouse in case s/he is unemployed or her/his income is too small and make contributions for their sake.

What is a Roth IRA Account

What is a Roth IRA Account - Roth IRA accounts are a type of savings plan that allows for the allocation of money up to particular limits that are established by the IRS. These contributions are presented as non-deductibles on your tax form.

What is a Traditional IRA Account

Determined as an individual savings account, the traditional IRA allows contributions that cannot exceed a predetermined amount. The contributions are exempt of taxes, which makes IRAs so attractive to many investors.

IRA Basics

IRA (Individual Retirement Account) provides the opportunity to investors to make annual contributions. IRAs are especially beneficial to investors that are above the age of 50.

401k Plan Employer Advices

This article provides several advices that are directed toward those employers that feel that the 401k plans of their employees don’t receive the appreciation and participation they deserve.

Retirement Budgeting Planning

The main difference between budgeting before and after retirement is the result itself achieved. Pre-retirement and after-retirement budgeting are subject to one and the same rules, only that in the first the main goal is to meet your financial obligations and allocate enough for your retirement.

IRS Income Tax Audit Guidelines

This article provides several tricks in order to avoid the unpleasant encounter with the IRS income tax man and the eventual audit.

Parent Retirement Assistance

If your parents are in their sixties the time has come to return the favor. You should start discussing and advising them on both financial and medical issues since during retirement they represent a major concern.

Planning for Retirement

Every person’s career ends at one point or another and the time for planning for retirement comes. The sooner you start planning for retirement years, the better off you will be both emotionally and financially.

Pension and Social Securities Trends

Pension and social securities trends - a recent research of the EBRI (the Employee Benefit Research Institute) has shown that with the increase of the age of the people, they become more reliant on social securities.

What is a 401k Retirement Plan

What is a 401k retirement plan - when signing the contract with your employer s/he may offer you the opportunity to invest in a retirement plan, which is generally known as a 401(k) plan.

Roth 401k New Regulations

Economic Growth And Tax Relief Reconciliation Act of 2001 (EGTRRA) provision is included in the Roth 401k plan. IRS employees are allowed to distinguish certain 401k contributions as Roth 401k ones.

Roth 401k

The Roth 401k plan was introduced in 2006 and was initially cover many misunderstanding common for every new introduction. This article will help you determine whether this type of retirement plan is suitable for your financial needs.

David Wray’s 401k Profit Sharing Plan Opinion

In one of his interviews, David L. Wray (the president of the PSCA), explains that most employees don’t realize how important is 401k plan investment for their retirement years and thus rarely participate.

Retirement Plans and Mutual Funds

Now that the time has come to start thinking about your retirement years, here are some of the options (including mutual funds) you have available to secure your financial wellness.

401k Contribution Limits Explained

The amount you can contribute to your 401k plan are limited first by the government and then by your employer. It is of high importance to be familiar with the limitations you have on the contributions you can make.

Minimize Company Stock in the 401k

The grey statistics show that may companies continue to purchase their own stock as part of their employees’ 401k plans. This can be significantly destructive for the employees themselves, if the price of the stocks fall or the company itself goes bankrupt.

Get the Most out of 401k Matching

Your 401k plan may be the best investment you can ever make provided that your employer offers you the option of matching. If you can correctly modify your 401k plan, it can turn into a better investment than even precious metals or stocks.

Mutual Funds by American Association of Retired Persons (AARP)

In 2006, american association of retired persons (AARP) established its first mutual fund in response to the needs of these specific groups of investors.

Solo 401k Plan or Individual 401k Plan

Solo 401k Plans, which are also known as Individual 401k Plans represent an opportunity for individual proprietors and for those who run small business to allocate money for their retirement years.

401k Investing Advice

The following are several advices that will prevent you from falling in the common investment pitfalls of creating a beneficial 401 (k) plan.