Tag Archives | retirement

How Can I Find My Old 401(k) Account?

Key Takeaways Don’t overlook 401(k)s from past jobs. The account value is probably still growing and the money is rightfully yours in retirement. You can roll over an old 401(k) into a personal IRA and often into your new employer’s 401(k) without penalties or tax consequence. The Labor Department and Pension Benefit Guaranty Corp. are […]

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Can I Make Charitable Contributions From My IRA This Year?

Yes, if you qualify. The law authorizing qualified charitable distributions, or QCDs, has recently been made permanent by the Protecting Americans from Tax Hikes (PATH) Act of 2015. You simply instruct your IRA trustee to make a distribution directly from your IRA (other than a SEP or SIMPLE) to a qualified charity. You must be […]

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401(k) Rollover Opportunities and Pitfalls

Key Takeaways Consider all of the pros and cons of a rollover before making a move. Very high 401(k) fees may be a good reason to roll your account over to an IRA. Use “trustee to trustee” rollovers to avoid inadvertent tax traps. Suppose you’re about to receive a distribution from your 401(k) plan, and […]

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The Vacation Home Primer

Key Takeaways: The purchases of vacation homes have spiked over the past few years. Before purchasing, consider whether you plan on using it yourself or renting. When considering a purchase, account for extra expenses such as insurance, taxes, utilities, furnishings and upkeep before taking the plunge. Summer is coming, so if you’re like me you […]

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Target Date Funds – “To” and “Through” the Details

Key Takeaways: Target Date Funds are a popular choice in retirement plans. Understanding the asset allocation and glide path for the fund is important. For some investors, risk tolerance may not fit a fund’s allocation. In a world seemingly obsessed with automation and quick solutions, target date mutual funds have grown in popularity with investors.  […]

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