Posts
Why I Love my Roth 401k
Read why Roth 401k may be better for you than the Traditional 401k.
HOW TO STOP THE 401K ROLLER COASTER
HOW TO STOP THE 401-K ROLLER COASTER
I used to love rollercoasters. They were the first rides I gravitated to at an amusement park, but now they are the rides I shun. Perhaps it’s age. When I was young, I thrived on the…
Amazing Tax Saving Opportunity for Entrepreneurs!
The dream retirement plan (Solo 401k) for self-employed people! I set up my financial planning practice in Glen Ellyn back in 1996. One of my first concerns was how I would save for retirement as an entrepreneur. At the time, the best plan…
When a 401k is NOT the Place to Save
For many people, 401k plan contributions are not where all their savings should be going, at least not right now. You say "Why in the world would you say that?" Making 401k contributions first equates to building the kitchen in your…
Tax Saving! 8 Places to Invest, to Minimize Owing Taxes
Why I Dislike Taxes and How I Minimize What I Owe I want less government in my life and I will do everything I legally can to give Uncle Sam as little of my hard earned money as possible. If you want more government intervention in your…
Fictitious Balance on Your 401k/IRA Account Statement
Your account balance carries a hidden surrender charge.
Millions of working Americans contribute a percentage of their earnings to a 401k account while many also have IRA accounts, most of which were formerly 401k that were rolled over to…
ROTH VS. TRADITIONAL IRA...8 Important Comparisons
Roth vs. Traditional IRA 8 Important Comparisons
Roth vs Traditional IRA? Deciding which retirement account type may fit your needs is an important step in retirement planning. The comparisons below provide an overview of the differences…
Your IRA or 401k Balance is Not all Your's
Your IRA or 401k is partially yours and partially the property of the IRS. Unfortunately, the IRS doesn't tell you what they get until you make a withdrawal.
RETIREMENT PLAN REALITY CHECK
IRA Balance Marginal Tax Rates…