На главную
Результаты поиска “Employer stock in retirement plan”
Should I Invest In 401K Or Employee Stock Plan?
Mike has the option to invest in an employer matched 401K or employee stock options. Wes helps him find the right balance between the two and discusses the TSL (taxes, savings, life) budget strategy. Original air date: January 8th, 2017 - Hour 1, Call 1. Wes Moss is the host of MONEY MATTERS – the country’s longest running live call-in, investment and personal finance radio show – on News 95-5FM and AM 750 WSB. You Can Retire Sooner Than You Think, by Wes Moss - Buy it here: http://a.co/4Srbldy These audio clips are recordings from the Money Matters radio show. The provided discussions are general in nature and based on the financial and economic events at the time and/or minimal information disclosed by call-in participants. The responses to questions are not meant to be personalized investment advice. Every person's financial situation is unique and there is no one-size-fits all advice and requires more detailed analysis than what can be conducted for a call-in participant. Any information obtained in the audio should not be accepted as investment advice and should be discussed with a financial professional. Any actions taken should only be done after evaluation and analysis of your specific situation. All investing involves risk including the loss of an investor's principal. No guarantees can be offered that any of the call-in participants were successful or that any information provided assisted the call-in participant in achieving their financial goals.
Просмотров: 1355 Wes Moss Money Matters
Don't Invest In Your Company's Pension Plan - Dave Ramsey Rant
Don't Invest In Your Company's Pension Plan - Dave Ramsey Rant Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, Chris Hogan, and Christy Wright —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Просмотров: 34248 The Dave Ramsey Show
Single Stocks - A Monkey Can Invest Better Than Experts
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Просмотров: 49396 The Dave Ramsey Show
Should you invest in your company 401k retirement plan
We are a wealth management firm that specializes in improving on the traditional buy and hold approach. To use a simple analogy, we do this by treating ones retirement investments as if they were real estate. For more information call us at 727.492.0314 or visit www.JazzWealth.com Facebook https://www.facebook.com/JazzWealth/ Investment related questions 📧 Dustin@JazzWealth.com Business Affairs 📧Carolyn@JazzWealth.com
Просмотров: 3073 Jazz Wealth Managers
Selecting Investments In Your 401(k)
Selecting Investments In 401(k) Selecting investment in your 401(k) can be a daunting task. Many people have 401(k) plans through their employer, yet very few of them have ever received education or recommendations on how to invest within their retirement account. Although retirement accounts are a great tax saving vehicle, it is important that you take an active role in managing your 401(k) to be sure you are setting yourself up for retirement success. Many times, 401(k)'s will offer a limited number of investment options. Some companies will offer employer stock in additional to a handful of mutual funds. Other 401(k)'s have a brokerage link option, which allows you to invest in almost any mutual fund in the market. You will have to talk with your HR department to determine your options. Here are some dos and don'ts to help get you started: Don't invest in company stock I do not recommend investing in company stock through your 401(k) (or in any other account for that matter). Why? For most people, their greatest asset is their ability to earn money. This means your greatest asset is reliant upon your company. Investing in company stock is simply putting too many eggs in the same basket. If your company fails, you will lose your job. This is bad enough without having to worry that your retirement account just lost all of its value. When in doubt, just think Enron. Don't select every investment option I frequently see clients select every investment option in their 401(k). Clients will put 10% of their account into each of the 10 funds offered by the 401(k). The reason this is a bad idea is because the funds aren't necessarily diversified. If 8 of the 10 mutual funds are 100% stock funds, then you may have way too much stock in your portfolio and not be properly diversified. Do look at the expense ratios Mutual funds charge an expense ratio which is effectively a management fee. Although the management fee is necessary for the mutual fund to operate, fees vary greatly between funds. Expense ratios directly lowers your returns, however you won't see these fees come out of your account because they are deducted directly by the mutual fund. I like to see expense ratios under .4%, and even lower if possible. Stay away from the actively managed funds, as these will carry fees of 1% or even more. Remember, a 1% fee means 1% less in return for you. Do select index funds Most 401(k)'s these days give access to index funds. Many times these are Vanguard funds, however they can certainly be from other companies. Index funds will usually have an index such as the S&P 500 or MSCI EAFE (International stocks) in the name of the fund. These will almost always have the lowest expense ratios, so that is another way to spot an index fund. If index funds are not an option, a target dated fund may be the next best thing. I'm not the biggest fan of them, but sometimes it is the best you can do! Do consult an investment advisor I wish it was easy enough to invest in 401(k)'s without needing an investment advisor, but there are a lot of pitfalls you need to be wary of. Consulting an investment advisor will help ensure you are properly diversified, not only in your 401(k), but in your portfolio as a whole. Some investment advisors now charge by the hour for investment recommendations in a 401(k), so it can be a very cost effective way to be sure you are on the right path for retirement. So what do you think? How do you currently make investment decisions in your 401(k)? Does this help clarify how to invest in your 401(k)? Feel free to share in the comments section!
Просмотров: 25662 Alan Moore
Disadvantages in an ESOP (Employee Stock Ownership Plan)
thebiz.tv (800) 290-7226 Presented by Brokers Alliance with guest co-host Kereti Tuioti The ESOP is essentially a stock bonus plan in which employer stock may be used for contributions. Some of the disadvantages to employees are that they will generally not produce as large of a contribution and deduction for older employees as will a defined benefit plan and that the deductible contribution limits are set at 25% of covered compensation. Additional issues include certain voting rights must be passed through to the participants, ESOPs can be costly to set up with ongoing administration which can also be expensive because of the need to have the stock value appraised each year. Future repurchases may not come at a convenient time and must be made with after-tax dollars. This could place a financial strain on the employer. Effective July 1, 2012, if a plan gives participants the right to direct any investments, plan sponsors must provide participants with expanded, standardized investment fee and performance information. Failure to comply with these ERISA requirements may results in a breach of fiduciary duty to plan participants and the loss of ERISA Section 404(c) protection (meaning the plan fiduciaries may be held responsible for the results of the participants' own investment choices). Your Hosts explore that impact with ESOPs on employees and employers. This video was produced by http://bizmediastudios.com/ ____________________________ Follow Us On Social! ____________________________ TWITTER: https://twitter.com/BrokersAlliance FACEBOOK: https://www.facebook.com/pages/Brokers-Alliance-Inc/115179661832101 INSTAGRAM: https://instagram.com/brokersalliance/ WEBSITE: http://www.brokersalliance.com/ GOOGLE+: https://www.google.com/+BrokersAlliance LINKEDIN: https://www.linkedin.com/company/brokers-alliance-inc
Просмотров: 7664 BrokersAlliance
Company stock in your 401(k) at retirement? Save yourself thousands using these techniques.
Owning stock in the company you work for is a strange investment. Find out the ways to handle this investment position as you approach retirement.
Просмотров: 161 Retirement Matters, Inc.
Think You Know ESOPs?
Employee Stock Ownership Plans (ESOPs) can help a business owner looking to sell all of part of their company with both liquidity and legacy. This video breaks down ESOPs and looks at the benefits the plans can bring to a business.
Просмотров: 11180 Principal Financial Group
Individual Vs. Retirement Accounts (Dividend Stock Investing & Early Retirement)
As a dividend stock investor who wants early retirement (also known as financial freedom), I highly favor individual (taxable) accounts for my stock portfolio. By contrast, retirement accounts (such as the Roth IRA and 401k) do not allow withdrawals before 65 years of age (unless one wants to pay a penalty). Since I plan to tap into my dividend income well before I'm 65 years old, I do not like retirement accounts for my personal situation. Today's video compares and contrasts taxable individual accounts vs. retirement accounts, from a dividend growth investing perspective. Topics covered include: * Types of stock brokerage accounts. Individual (also known as taxable), Roth IRA, and 401k. * Pros and cons of individual accounts vs. retirement accounts. * Why I love individual accounts for my dividend stock portfolio. * Why I love the concept of an early retirement (or financial freedom). Even if I don't retire early, I will surely tap into my massive cash flow. * Why Roth style accounts are the best from a tax standpoint (if one does not plan to utilize funds until a traditional post-65 retirement). * Why employer match (often in 401k accounts) is pure gold. * Why 401k accounts could be risky since future taxes (at time of withdrawal) are unknown. * Why mutual funds are a deal-breaker for me, except in the case of 401k employer match. * How account optimization is a balancing act. I hope you enjoy today's video and please subscribe for more videos about dividend growth investing. Today's video is a special one, set on the beautiful Ka'anapali Beach in Maui, Hawaii. Disclaimer: I'm not a licensed investment advisor, and today's video is just for entertainment and fun. This video is NOT investment advice. Please talk to your licensed investment advisor before making any financial decisions.
Просмотров: 5487 ppcian
Best Retirement Plans for Small Business Owners (GoodFinancialCents.com)
http://www.goodfinancialcents.com/best-retirement-plan-for-small-businesses/ Are you a business owner that is finally starting to see some profits? You have been slugging away for several years and now you are finally in the black and you want to start thinking about retirement. You know that you need to save, but as a business owner you have a plethora of different retirement plan options that as an individual you didn't. If you are confused and bewildered and not sure what direction to go, I completely understand. I was in the exact same situation as you. I was a W2 employee, and then when I became a small business owner I now had many different options that I could choose from and initially it was overwhelming. It was easier doing it for the client, but now that I was actually on the business owner's side of things, the 1099 independent contractor side of things, I now wanted to make sure that I was doing the best retirement plan for me. If you are looking to see what retirement plan is best for you, here are a few options to consider: 1. A traditional or Roth IRA. Now I am sure you are probably wondering, "Well Jeff, I could do that when I was an individual. What is the benefit for me doing it as a business owner?" Well here's the thing; the beauty of doing a traditional or Roth IRA, if you are not putting money in those plans at all, and maybe you are profitable but you are not as profitable as you would like to be, under the age of 50 and under you can still put in $5,000 on either the traditional or Roth IRA. At least that is a good starting point. Now, if you can put in more than that 5,000 then we'll start looking at the other options coming up. 2. A simple IRA. The name is a little bit misleading because to me it is not quite that simple. Here is the general gist: You're able to put in up to $11,500 per year into the simple IRA. Over the age of 50 is allowed a $2,500 catch up. But if you have employees, here is where it gets a little bit trickier. To make it simple, just know that you're going to have to put in about 3% of your employees' wages as an employer contribution. That is how much, as a business owner, you're going to be out for each employee. There are certain rules that say you can dip below that 3% over a 2-out-of-the-5-year period, but I don't want to muddy the waters too much. Just know that for the most part you're going to have to put in about 3% of your employees' salary to be able to contribute the 3% for yourself as well. Now that might sound a little bit confusing and it kind of is, but if you go to the blog and do a Google search for "simple IRA rules", you'll find out more about the simple IRA and see if that applies to you.
Просмотров: 6078 Wealth Hacker - Jeff Rose
Suze's Favorite Retirement Plans | Suze Orman
What are Suze's favorite retirement accounts?Suze dishes on best retirement plan options for you. » SUBSCRIBE to Suze Orman's YouTube Channel: http://www.youtube.com/c/suzeorman?sub_confirmation=1 - Visit Suze Orman's Website: http://www.suzeorman.com » WATCH the latest from Suze: https://www.youtube.com/suzeorman ABOUT: Suze has been called “a force in the world of personal finance” and a “one-woman financial advice powerhouse” by USA Today. A two-time Emmy Award-winning television host, New York Times mega bestselling author, magazine and online columnist, writer/producer, and one of the top motivational speakers in the world today, Orman is undeniably America’s most recognized expert on personal finance.. Subscribe to Suze's channel for exclusive footage, new videos and more! Connect with Suze Online! Visit Suze Orman's Website: http://www.suzeorman.com Find Suze Orman on Facebook: https://www.facebook.com/suzeorman Follow Suze Orman on Twitter: https://twitter.com/suzeormanshow Suze's favorite retirement plans | Suze Orman
Просмотров: 31683 Suze Orman's Official Channel
How to Retire Early | Phil Town
Retirement planning can be tricky, but it’s entirely possible to have enough money to retire early, you just have to be smart and disciplined with your money. In this video, I want to give you a few tips that will help you retire before 65 and live comfortably. http://bit.ly/2tZbFlS Are you prepared for retirement? Take my free quiz to find out. Click the link above to get started. _____________ Learn more: Subscribe to my channel for free stuff, tips and more! YouTube: http://budurl.com/kacp Facebook: https://www.facebook.com/rule1investing Twitter: https://twitter.com/Rule1_Investing Google+: + PhilTownRule1Investing Pinterest: http://www.pinterest.com/rule1investing LinkedIn: https://www.linkedin.com/company/rule-1-investing Blog: http://bit.ly/1YdqVXI Podcast: http://bit.ly/1KYuWb4
Просмотров: 59941 Phil Town's Rule #1 Investing
The Ultimate Retirement Plan Alternative
There's a time-tested strategy to grow your retirement savings without risking your money in the stock market and without stringent government restrictions, and it offers guaranteed growth. Instead of a traditional retirement plan with its promise of tax-deferred contributions and hidden fees, try the ultimate retirement plan alternative - Bank On Yourself. Using dividend paying whole life insurance, a Bank On Yourself plan offers predictable growth and retirement income with no luck, skill or guesswork required. This retirement plan alternative never slides backward when the markets tumble and allow you to access your principle and gains with no taxes. A Bank On Yourself plan also lets you control your money without any government penalties or taxes or limits on how much or when you can withdraw. Not only that, these plans allows you to borrow from them for emergencies, growing your business or even pay for your child's education. If you want a retirement plan that offers real financial peace of mind, visit our site and check out http://www.bankonyourself.com/best-retirement-plan-alternative before talking to an authorized Bank On Yourself advisor.
Просмотров: 5614 Bank On Yourself
Retirement Plans: Last Week Tonight with John Oliver (HBO)
Saving for retirement means navigating a potential minefield of high fees and bad advice. Billy Eichner and Kristin Chenoweth share some tips. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Просмотров: 10241550 LastWeekTonight
What to do with your 401(k) or 403(b) if you leave your job
Why is it so important to roll your 401(k) or 403(b) to an IRA when you leave your employer? The primary benefit of the IRA, over the 401(k), 403(b) or SIMPLE, is that you have more investment alternatives in an IRA. In a 401(k), unless you are lucky enough to have a self-directed brokerage window, you are probably limited to the mutual funds offered by your plan administrator. In an IRA, you can buy and sell the entire universe of investment alternatives - including all stocks, bonds, mutual funds, options, real estate, and even privately held companies. While that is the most important reason to roll your 401(k) over into an IRA when you leave, there are others. If invested properly, your fees will probably be lower in an IRA than a 401(k). Fees are very important for three reasons: 1) reducing fees is risk free return - it may be the only free lunch in investing; 2) reducing fees leaves more money in your pocket to compound over time; and 3) studies show the one thing most correlated with performance, over time, is not the fund manager, the sector, the asset class or the historical performance, but low fees. As a general rule, fees are inversely correlated to portfolio performance - the higher the fees, the worse the performance. The lower the fees, the better the performance - which is, of course, a very practical reason why you should learn to be your own money manager. (NOTE: Snider Advisors offers a free online course, called "How to Turn Your 401(k) Into a Million Dollar Nestegg." The nine part course is designed to arm you with the knowledge and step-by-step instructions needed to make the most out of your employer-sponsored defined contribution plan. The goal is to give your plan the highest probability, while you have it, of someday being able to produce sufficient income for you to live comfortably in retirement.) Another reason to move from a 401(k) to IRA, is easier access to your money, although I'm not sure this is such a good thing. If you want to rob your retirement account, you don't have to ask for permission, nor is there any bureaucratic paperwork. You have a thousand miles of rope to hang yourself with. There are estate planning benefits as well. While the rules have changed in recent years, allowing 401(k) plans to be stretched by your beneficiaries, it is still up to each individual plan sponsor to write that into the plan document. Some have and some haven't. An IRA custodian that doesn't allow for a stretch after your death is, in my experience, rare. Finally, you can split IRAs between multiple beneficiaries and IRAs are easier to allocate when you have non-spousal heirs. A transfer of your 401(k), 403(b) or SIMPLE to an IRA is a non-taxable event, so long as you do it properly. There should be no taxes, fees, or penalties. While you are employed, you have to max out your employer sponsored retirement plan if you can. At a minimum, you should contribute enough to get the full employer match, if there is one. But if there is a silver lining to losing your job, being able to self-direct your retirement funds is one. Bottom line: Whenever you leave an employer - either voluntarily or not - get that money rolled over to an IRA as soon as you can. Never leave your 401(k) with your old employer, and even worse, never ever roll your old 401(k) money into your new employer's plan, when you are lucky enough to find a new job
Просмотров: 70195 KimSnider
6 Year End Retirement Strategies
http://IncredibleRetirement.com 800-393-1017 Strategy 1. Make sure you have taken your required minimum distribution from your IRAs and 401(k)'s. If you don't, you'll incur a 50% penalty tax and you'll still have to take the distribution and pay tax on that money as well. If you have an IRA and a 401(k), you have to take your required distributions from each of the accounts. You can't take the distribution from one account. Don't forget about any inherited IRAs that you might now be required to take minimum distributions from. Strategy 2. If you're required to make IRA required minimum distributions and you also make contributions to charity, use your IRA money to make charitable contributions. You won't have to pay income tax on the contribution, and it counts toward meeting your required minimum distribution. Strategy 3. If you're thinking about converting some of your IRA money into a Roth IRA, make sure you take into account the increased taxability of social security benefits and possible increases in Medicare Part B and D premiums. Strategy 4. Make sure you have made enough estimated tax payments or tax withholding. If not, you can use some or all of your year-end IRA distributions for tax withholding. The IRS will consider you have made payments evenly throughout the year, so it satisfies the estimated tax payment timing requirement. Strategy 5. If you've recently inherited an IRA, make sure you split the account among any other heirs. This way, each of you will be able to use your own life expectancy to calculate required minimum distributions. This has to be done before the end of the year after you inherited the IRA. Strategy 6. If you're rolling over a 401(k) to an IRA and have company stock in the retirement plan, check to see if the stock is eligible for net unrealized appreciation. Net unrealized appreciation allows company stock to be sold and taxed a long-term capital gain tax rates, if done properly. Making sure you're taking advantage of these six year-end retirement strategies will help move you one step closer to experiencing your version of an incredible retirement, doing what you want, when you want.
Просмотров: 8 Brian Fricke
401K Investing Basics 📈 401K Investing Strategies  (Part 1)
5 Basic 401k Investing strategies to get higher returns in your 401K Plan. Learn how to pick 401k Investments. 401K (Retirement Investing) [401K Retirement Investing] Basics of 4 01k Investing. 5 Basic 401k Investing Strategies. In 2017 It has never been more important for us to learn how to invest than now.In order for us to retire in the future we have to learn to invest our money to the best of our ability through a combination of 401K and other investments. 1. Discover Your Fund Choices: (Step 1) Find out what investment choices are offered in your current employer's plan. The fund choices, and number of available choices to choose from are going to vary from company to company. If you do not know what is offered ask your human resource department where you can find this information, and what provider they use. Examples of 401K plan providers include John Hancock, Vanguard, and Fidelity to name a few. Typically your provider will have an account you can access online where you can manage your 401K investments, research rate of return, fund choices etc. Log in, or create an account online to begin to perform your analysis. The analysis may take you a few hours depending on the volume of funds you want to look at so you might consider breaking up your research into one hour blocks so you do not get burnt out. 2. Select the Criteria of the Funds You Want to Analyze (Step 2) My 401K plan has roughly 60 investment choices. Yours may have less, or it may have significantly more, it all depends. If you have more than 100 choices I would consider selecting criteria important to you so your analysis will not consume your life. Here are examples of criteria you may want to consider to cut down on the number of funds you are going to look at: - Rate of return over last 5 years, and last 10 years. (Example: Look at funds that have the highest 5 - 10 return on investment) - Fee ratios - Are you more of a risk taker, or more conservative? As you go through this process make sure you are writing down the fund names and ticker symbols as you go. If you can extract the data to excel that may be your best bet to save the most time. Example: Fund Name: Fidelity Contra Fund: Ticker Symbol FCNTX. I would highly suggest using Microsoft Excel. If you do not have excel considering using a binder or notebook so you can keep your notes easily organized. 3. Learn About the Funds (Step 3) It is always hard for me to believe that so many people do not know what they are investing in when it comes to their retirement account, but they know so much about sports, or their favorite reality T.V. show. Generally speaking....through your 401K provider's website you should be able to read about the funds online. I personally look at the following things: - Top Holdings (What stocks make up this mutual fund?) - Are the individual stocks in this mutual fund companies I would want to own? - What is this funds long term track record, how long has the fund be around? I usually like to invest in something that has been around close to ten years or more. - What is the expense ratio? - How Risky is the fund? Take notes as you go so you do not have to redo the work later. If a financial advisor regularly comes to your company to give market updates try to meet with him (or her) to learn more about your retirement plan funds. The advisor should know these funds very well, and should be able to help guide you in this area. This does not mean you should avoid doing the research. If you have done your research ahead of time you can get their opinion on what you are thinking of investing in. 4. Utilize Free Resources such as Yahoo Finance to Aid You in the Research Process (Step 4) Yahoo Finance is one of the most simple investment websites you can use to do additional research on your provider's funds. In my particular plan the thing it was missing was stock charts. I wanted to visually see how the fund was performing, and so I went to Yahoo Finance to do my research. If you cannot see the chart performance on your mutual fund I would highly, highly recommend taking the time to do this step. Generally speaking you want to see a slow and steady increase in fund price over a long period of time. I'm looking for stable long-term growth for last 10 years, or more. 5. Choose Investments or Reallocate Your Current Investments (Step 5) Time to take action! Links: Investopedia 401K Basics:http://www.investopedia.com/articles/retirement/08/401k-info.asp How to select 401K Investments: https://www.betterment.com/resources/retirement/401ks-and-iras/how-to-select-investments-for-your-401k/ Follow me on Facebook: https://www.facebook.com/MKChipfanpage Follow me on Twitter: @Mkchip123 Crushin by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://audionautix.com/
Просмотров: 11511 Money and Life TV
Retirement Security
Employee-owners describe the benefits of retirement security from their companies' ESOPs.
America's Retirement Crisis The Crisis in Retirement Planning
https://tspreport.regalassets.com?campaign_id=7787 Corporate America really started to take notice of pensions in the wake of the dot-com crash, in 2000. Interest rates and stock prices both plummeted, which meant that the value of pension liabilities rose while the value of the assets held to meet them fell. A number of major firms in weak industries, notably steel and airlines, went bankrupt in large measure because of their inability to meet their obligations under defined-benefit pension plans. The result was an acceleration of America’s shift away from defined-benefit (DB) pensions toward defined-contribution (DC) retirement plans, which transfer the investment risk from the company to the employee. Once an add-on to traditional retirement planning, DC plans—epitomized by the ubiquitous 401(k)—have now become the main vehicles for private retirement saving. But although the move to defined-contribution plans arguably reduces the liabilities of business, it has, if anything, increased the likelihood of a major crisis down the line as the baby boomers retire. To begin with, putting relatively complex investment decisions in the hands of individuals with little or no financial expertise is problematic. Research demonstrates that decision making is pervaded with behavioral biases. (To some extent, biases can be compensated for by appropriately framing choices. For example, making enrollment in a 401(k) plan the default option—employees must opt out rather than opt in—has materially increased the rate of enrollment in the plans.) More dangerous yet is the shift in focus away from retirement income to return on investment that has come with the introduction of saver-managed DC plans: Investment decisions are now focused on the value of the funds, the returns on investment they deliver, and how volatile those returns are. Yet the primary concern of the saver remains what it always has been: Will I have sufficient income in retirement to live comfortably? Clearly, the risk and return variables that now drive investment decisions are not being measured in units that correspond to savers’ retirement goals and their likelihood of meeting them. Thus, it cannot be said that savers’ funds are being well managed. In the following pages I will explore the consequences of measuring and regulating pension fund performance like a conventional investment portfolio, explain how retirement plan sponsors (that is, employers) and investment managers can engage with savers to present them with meaningful choices, and discuss the implications for pension investments and regulation. These recommendations apply most immediately to the United States and the United Kingdom, which have made the most dramatic shift among developed nations toward putting retirement risks and responsibilities in the hands of individuals. But the trend toward defined-contribution plans is ubiquitous in Asia, Europe, and Latin America. Thus the principles of providing for retirement income apply everywhere. retirement planning articles, retirement planning tools, retirement planning companies, retirement planning spreadsheet, retirement planning guides, retirement planning 401k, early retirement planning, retirement information clearinghouse
Просмотров: 668 Gold And Bitcoin Investors Group
Defined Benefit Pension: The Finance of Retirement and Pensions PREVIEW
Go to http://goo.gl/9RRav8 to see Josh Rauh's new self-paced online course from the Stanford Graduate School of Business, Stocks and Bonds: Risk and Returns with Professor Josh Rauh. Instructional videos and exercises free online until April 2015.
Просмотров: 23453 Stanford Graduate School of Business
How to Invest in a 401k | BeatTheBush
When you sign up for an employer 401k plan, you are allowed to invest in various assets by selecting the percentage you want in each allocation. Generally you need to pick a target fund date suitable for your age and when you wish to retire. The closer you are to retirement, the more conservative it needs to be so that you do not find yourself deep in losses with not enough time for the market to bounce back. Within a 401k you will find many other types of funds and they generally have a high expense ratio would could eat up into your retirement if you keep your money in these funds for a long time. Do think about transferring the assets out if you ever change employers to an individual IRA instead where you will have a lot more options for lower expense ratio ETF funds. In the mean while, you can also search for the lowest expense ratio fund that the 401k plan offers. Get a free audiobook and 30-day trial. Even if you cancel, you still keep the book and you still support my channel for signing up. Support my channel by signing up to help me make more videos like this: http://www.audibletrial.com/BeatTheBush Try a 30-Day free GameFly trial here: http://www.gameflyoffer.com/beatthebush Support more videos like this along with getting a bunch of perks here: http://www.patreon.com/BeatTheBush ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ My Channels: https://www.youtube.com/BeatTheBush https://www.youtube.com/BeatTheBushDIY
Просмотров: 13646 BeatTheBush
3 Things You Should Know Before You Rollover Your 401k
For more financial planning tips and strategies, be sure to check out our blog at http://MoneyEvolution.com Check out our Free Guides… Money Evolution Guide To What Every Investor Should Know About Planning And Saving For Retirement http://moneyevolution.com/free-guide Money Evolution Guide To Understanding Your Social Security Benefits http://moneyevolution.com/social-security-guide Money Evolution Guide to Understanding and Managing Your Debt http://moneyevolution.com/understanding-your-debt Money Evolution Guide To Buying and Financing Your Home http://moneyevolution.com/financing-your-home Money Evolution Guide to Understanding Real Estate As An Investment http://moneyevolution.com/real-estate-investment Money Evolution Guide To Understanding Your Taxes http://moneyevolution.com/understanding-your-taxes Money Evolution Guide To Understanding the Total Cost of Car Ownership http://moneyevolution.com/understanding-cost-car-ownership Follow Us On Facebook - https://www.facebook.com/moneyevolutionhome/ Twitter - https://twitter.com/billlethemon Linked In - https://www.linkedin.com/in/bill-lethemon If you have any questions about this, or any of my other videos, feel free to contact me at any time. Email Me at bill@moneyevolution.com Or Call My Office at 248-731-7829 In today's video blog I'm going to be talking about Three Things That You Should Know Before You Roll Over Your 401K Plan. Remember if you're thinking about doing a rollover, you essentially have four options. One, you can just simply leave the 401K plan where it's at. You don't have to roll the money over. You could cash it out completely. Remember if you do this, you're going to have to pay taxes on the money that's coming out of the 401K plan. If you're not 59 1/2 you might also have a 10% penalty if you're cashing it out as well. If you're going to work for a new company and that new company accepts rollovers, you can simply roll over your old 401K plan into your new 401K. And the last option is you can roll the 401K plan out into your own self-directed IRA account. Here's three things that I think you should be thinking about before you do this rollover. Number one, you might want to look to see if you qualify for any special tax treatment. And there's a couple of different things that you might qualify for. Number one is if you have any company stock in the 401K plan, especially if you have any highly appreciated stock, you could take advantage of something called net unrealized appreciation. Essentially what you're able to do, if you qualify for this is, pull your stock out of the 401K plan, and at the time you pull that money out, you're only going to pay ordinary income taxes on the cost basis of your stock. Let's say you have company stock that's worth $100,000 and maybe it has a cost basis of 20,000, you can pull that $100,000 stock out and only pay taxes on the $20,000 of your original cost basis. The $80,000 gets classified as net unrealized appreciation and can qualify for a more favorable long-term capital gains tax treatment, which currently right now is topped out at 15% for most taxpayers. Can be as high as 20% if you're in one of the upper income brackets. But that could potentially save you a significant amount of taxes. The second thing you want to look at as a special tax treatment is something called the Age 55 Rule. If you separate service on or after your 55th birthday, but you're not yet 59 1/2, you can actually take penalty-free withdrawals out of your 401K plan and use that to supplement your retirement even though you're not 59 1/2. If you move that money over into your IRA account you no longer qualify for that Age 55 Rule. So that's another reason to possibly leave that money in the 401K plan. The final special tax treatment that you could qualify for is something called the after-tax account. More and more 401K plans have this available. We see a lot of people here from time to time that have money in an after-tax account. They didn't even know they had the money in the after-tax account. It just ended up there because maybe they reached their contribution limit one year and extra money went into this account. Well, couple years ago the IRS made a tax ruling on how this money is able to be treated. Now, according to this new IRS tax ruling, you can roll that after-tax savings account over directly into a Roth IRA account. So you basically are shifting in from an account that you're going to have to pay taxes on any deferred gains that you have into an account as long as they're qualified distributions, where under the Roth you'll never have to pay taxes on any of those distributions. So that could be another way that you could potentially save some money on the money that you've accumulated in your 401K. The second thing you want to know about doing a rollover is the cost. You want to understand what costs are you currently paying in your 401K. Continued on blog...
Просмотров: 12167 Money Evolution
Cash In My Pension Retirement Plan - Company Plans Pay Defined Tax Free Money Now
http://www.cashinmypension.com/ Call: 0800 122 33 24 Discover the Options Available to Cash in Your Personal Or Company Pension Plan More and more people have started to realize the benefits they could have to sell their pensions. A retirement plan is a tax-free arrangement that helps you accumulate funds for the future. In this defined case of employer company contributions, there are several rules that will dictate the circumstances, the age and the method that can be used by a particular employee who wants to cash in his pension rather than taking out a loan or selling other potential investments. Starting from April 2010, employees can't take their savings if they are not 55. The minimum age required was 50 until that date, but because of the crisis, the government decided to change the limit on these plans. However, you will still be able to withdraw your pension even if you are not 55 yet, in some special cases. A common example is when somebody is unable to work because of major health problems or other severe mental conditions. Some plans, which are specially designed for joining by professional footballers or armed forces, allows people to opt to sell their money from 50. However, in order to make sure you can do that, read the scheme that has most affect on your account. Options Available to Cash in Your Benefit Before considering this, you should consult the administrator of your account and your business employer. There are several retirement businesses that have their own schemes, insurance and annuities plans. The moment you retire, you can usually take up to pay you 25% of the value of your savings contribution. Only this settlement is tax-free in UK. The allowance for 2012-2013 year is £1.5 million, so if your savings exceed this, you will need to pay an additional 55% deductions in taxes for the excess amount. This is the first option available when you want to withdraw all the earnings you've saved during your lifetime. Most people consider this in September or October when preparing their end of year accounts. The second choice that is becoming more and more beneficial for owners or employees who need extra money and allows them to take their whole savings at one time. This amount can be withdrawn as a lump sum. However, only 25% is without tax for life. In order to qualify for this line, your total permanent savings have to be less than £18,000. On the other hand, you could draw a little payment from your savings stream. The remaining fund you have built up to date can be easily used to buy an annuity, which represents a regular income which is payable for life. You can work with an insurance company, which doesn't necessary have to be the same one that has set your savings plan. In addition to that, you can draw a taxable income right from your own retirement fund. By cashing in your defined pension, you have several benefits. One of the most obvious is that you can have money for your retirement. Transfering abroad is more a matter of QROPS and is dealt with separately. There are many british companies out there who allow you to join and get relief on all your pay contributions. Many people are wondering how much should they invest into their chosen savings plan. Well, if one starts working at 20, the aim would be to put 10% of your gross salary away, probably by using SIPPS. However, before taking the decision of cashing in your pension, you need to make sure you understand the complexity of the whole process. Seek good advice on the subject to ensure you are qualifying for the the maximum paid from your structured retirement policy by consulting an advisor directly or on the internet about your accounts and when to start. http://www.cashinmypension.com/ Call: 0800 122 33 24
Просмотров: 30288 James Morrey
4 Strategies To Get The Most Out Of Your 401k Plan
Check out our FREE Resources Page At... http://moneyevolution.com/money-evolution/free-resources/ I want to talk about Four Strategies To Help You Get The Most Out Of Your 401K Plan. As many of you know if you've watched any of my other videos you know that the 401K plan is not necessarily my favorite savings vehicle for retirement, but there are a couple of reasons why you might still want to do a 401K plan. Number one is the Company Match. If your company's matching you any portion of your 401K contributions, that's basically free money. That's very hard to pass up. I would definitely make sure that you're taking advantage of your 401K plan at least enough to do that full match. The second one is at that There Are Higher Contribution Limits on a 401K Plan Versus an IRA Account. For an IRA Account if you're under 50 for 2017 you can contribute $5,500 a year. If you're over 50 usually it goes up to $6,500 a year, but a 401K plan you can contribute $18,000 if you're under 50 and you can contribute $24,000 a year if your 50 years old or older, so the higher contribution limits are another reason that the 401K plan might make sense. The final one is There's No Income Restrictions on 401K Plans, so anybody pretty much can contribute to a 401K plan regardless of your income where as as you probably know and I've talked about this in some other videos that if you make too much money you may lose your ability to contribute to a traditional IRA Account and take a tax deduction or if you make too much money you may not be able to contribute to a Roth IRA Account at all. Even then, there may still be some reasons that you want to do the 401K plan and so here are the four strategies to make sure you're getting the most out of it. We just talked about it but the match. Again make sure that if you have a match make sure you're contributing at least enough to get that full matching contribution from your company. Another option that may be available in your 401K plan it's getting more more popular, but there could be a self directed 401K option. And basically what this is it's a separate account within your 401K plan that can give you access to a whole bunch of additional investment options that are not part of the name 401K menu. So as you know one of the reasons that I don't like 401K plans sometimes is because they have a very limited investment menu, so having that self-directed option opens up that to give you some more investment choices. The third one is in-service withdrawals. So again because you may be limited on what you can invest in inside your 401K plans and there may be fees on the 401K plan as well you could look into the option of doing what's called an in-service withdrawal and some companies allow you to move sometimes all or a portion of your 401K plan over into your own self-directed IRA Account even while you're still working even before retirement. Again there may be advantages and disadvantages to doing this, so make sure you check with that and make sure you understand the fees and the options available before you do something like that, but the in-service withdrawal may be another opportunity for that. The fourth one is some 401K plans offer an after-tax savings option. This is something that allows you to even go above and beyond the regular 401K contribution limits and up until very recently this is something that even I personally never really paid a lot of attention to because there was really no advantage to it, but there was a recent IRS tax ruling back in 2014 that made some clarifications to a previously gray area pertaining to 401K Rollovers, so the after tax account, just to give you a little bit of a idea of how that works, it's money that goes into your 401K plan on an after tax basis, so you're not getting any immediate tax advantage to that. The money grows tax-deferred which means that normally if you left it in there you would have to pay taxes on any gains or growth that you have inside the after tax account and then you know, pay taxes when you pull that money out, so the ruling changed that IRS came out with back in 2014 is now you can take the monies that are in your after-tax portion of your 401K plan, you can role those out directly into a Roth IRA account. So this is an opportunity for a lot of people that normally don't qualify to make a contribution to a Roth IRA Account because they make too much money. It's also an opportunity for people that want to save over and above the traditional 401K contribution limits because if you're under 50 some plans actually allow you to contribute up to $53,000 into the combination of your pre-tax 401K or Roth 401K contributions plus your company match, plus any after tax contributions can go up to as much as $53,000. If you're 50 years old or older, that number could be as high as $59,000.
Просмотров: 23933 Money Evolution
Retirement Plans
In this course, we will discuss the basics of retirement plans. A retirement plan is a program established and funded by the employer and-or employees to fund employees’ retirement years. Organizations are not required to offer retirement plans to employees beyond contributions to Social Security. A defined benefit plan is a retirement program in which employees are promised a pension amount based on age and years of service. A small percentage of companies in the private sector offer defined benefit plans to their employees, while public-sector employers still provide them. A defined contribution plan is a retirement program in which the employer and/or employee makes an annual payment to an employee’s retirement account. The key to this plan is the contribution rate; employee retirement benefits depend on fixed contributions and investment earnings. Profit-sharing plans, employee stock ownership plans (ESOPs), and 401(k) plans are common defined contribution plans. Because of their portability and other features, these plans are sometimes preferred by younger, shorter-term employees. Some employers have changed traditional pension plans to hybrids based on ideas from both defined benefit and defined contribution plans. One such plan is a cash balance plan, a retirement program in which benefits are based on accumulated annual company contributions, expressed as a percentage of pay, plus interest credited each year. With these plans, retirement benefits accumulate at the same annual rate until an employee retires. Offering retirement plans are a staple of the total rewards mix in any organization, critical to attracting, retaining and motivating talent.
Просмотров: 32 Gregg Learning
Retirement Investing Pitfall #8 - Excessive Single Stock Risk
This video is going to touch on retirement investing pitfall #8 from my book, Plan Smart Retire Right. This is the risk of investing excessively in a single stock or company. Now every investor needs to decide how he or she wants to approach investing for retirement. And this is true, whether you pick investments yourself or hire an advisor to do it for you. However, investing in individual stocks involves certain risk. Single stock risk is the risk that something occurs relative to a specific company, causing the individual stock to decline, regardless of the overall market or sector. Let me give you an example; if your portfolio consists of several stocks and one of them enters bankruptcy - losing 100 percent of its value - your overall portfolio is likely to be significantly impaired, even if the general market is performing well. Instead, purchasing an ETF which invests in the S&P 500 index for example, a catastrophic event affecting one of the companies within the index won’t have the same devastating effect. You see, this is because each company only makes up a small part of the overall value of the index. So what does this teach us? While ETFs help address diversification among a variety of asset classes, they also typically eliminate the single stock risk associated with owning a few individual stocks. So, why do investors sometimes fall into the trap of taking excessive company risk with their retirement money? Well, one of the most prominent reasons for this is what is referred to as the unbalanced loss effect. I will explain this effect in our next video. Let me ask you this; are you taking too much single stock risk? Do you know what effect this can have on your overall retirement plan? If you’d like a 2nd set of eyes on your portfolio, give us a call and we’d be happy to perform a complimentary risk analysis for you. Investment Advisory Services offered through Bravias Capital Group, LLC ("BCG"), a New Jersey State Registered Investment Advisor. Bravias Capital Group, LLC and Bravias Financial are independent entities. This video is for educational purposes only and should not be construed as legal or tax advice. One should consult a legal or tax professional regarding their own personal situation. Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by an insurance company. They do not refer in any way to securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company. Variable insurance and annuity product are considered securities products and require one to have proper FINRA registrations, in addition to proper state insurance licensing, prior to selling or discussing such products. Insurance products and services are offered through individually licensed and appointed agents in various jurisdictions. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products and do not refer, in any way, to securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims-paying ability of the issuing company. NOT FDIC INSURED. NOT BANK GUARANTEE. MAY LOSE VALUE, INCLUDING LOSS OF PRINCIPAL. NOT INSURED BY ANY STATE OR FEDERAL AGENCY.While we believe the information in this report is reliable, we cannot guarantee its accuracy. Opinions expressed are subject to change without notice and are not intended as investment advice or a solicitation for the purchase or sale of any security. Please consult your financial professional before making any investment decision. Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining markets. The indices mentioned are unmanaged and cannot be invested into directly. Past performance does not guarantee future results.
Просмотров: 75 Bravias Financial
401k VS Roth IRA
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Просмотров: 363665 The Dave Ramsey Show
Employee Stock Ownership Plan EC Barton & Company
E.C. Barton & Company invests in their partners and their futures by offering an Employee Stock Ownership Program allowing you to be a partner of the company rather than just an employee. What this means for you is a retirement plan that the company pays in to on your behalf!
Просмотров: 135 EC Barton & Company
Do You Have Company Stock Within Your 401k? | Tax Strategy (NUA)
I'm Kurt Schuster, Financial Adviser and Owner of QOLity Financial based here in Utica Michigan. The question often comes up when talking with my clients who have the option to rollover or even remove money from their qualified retirement account, "What should I do with my employer stock that has appreciated in value within my 401(k) account?" Not many people realize they have options to reduce their tax burden relating to the sale employer stock. One of those options is net unrealized appreciation, or NUA. This strategy aims to take advantage of capital gain rates versus ordinary income rates. Please follow this link for the full, descriptive article for an elaboration of the examples provided in the video: https://drive.google.com/file/d/0B4Lcv9G4TNH2VVZBTXhwZjFGeWc/view?usp=sharing
Просмотров: 500 QOLity Financial
Retirement Benefits
http://www.ciradvisors.com The 401(k) was originally created by congress as a tax shelter for executives, and was signed into law in 1978 by Jimmy Carter. It was meant ONLY to be a supplement to Pension income and Social Security income. In the 80s, employers realized that they could replace expensive Pension Plans with 401(k)s requiring little to no employer contribution. In the last 30 years Pension Plans have been almost completely replaced by the 401k, with the exception of government and union employees. In the 80s and 90s, as the 401k replaced the Pension, money flooded the stock market. 401(k) accounts purchased mutual funds, mutual funds purchased stock, and stock prices took off. Stock prices were now a product of demand from 401Ks rather than the profit of the companies that issued the stocks. Since that time the market has risen (BULL Market) and fallen (BEAR MARKET) every 7 years or so. While the account balances do grow… the balance is often less than the total contributions. If your money is in a 401(k), invested in mutual funds, and the market goes down, so does your account, and even if it goes down by more than 37%, like we did in 2008, we’re still charged administrative fees by the 401k, portfolio management fees on the mutual funds, and other fees. These fees typically averaging 2% to 3% of your balance, and are deducted from your returns. Regardless of how much money you may lose in a year, you’re still paying the fees. Studies have found that an ordinary American household with two working adults will pay or lose over $150,000 in 401(k) fees over a lifetime. And due to a recent Supreme Court decision, employees may now sue their employer over 401(k) plan fees. Did you know that if employees are not given access to a retirement savings account, where they may have pay automatically deducted and put away, they are unlikely to save for retirement, and highly likely to consider leaving for a company that offers retirement savings opportunities? And even when employers offer a 401 (k) many employees do not, and will not, participate because of market risk. Hi, I’m Chris Cunningham, President of Carolina Insurance & Retirement Advisors, host of the Moore Money Radio Show, and a Chartered Benefits Consultant. We offer retirement savings vehicles such as Individual Retirement Annuities and Payroll Deduct IRAs, with no fees to employees, or their employer, no required employer contributions, and zero market risk. Other options, such as an IUL, offer market linked growth of principal, downside protection, a death benefit, and critical and chronic illness protection. IULs are also available for voluntary payroll deduction, with no employer contributions and zero employer cost. I'm Chris Cunningham, President of Carolina Insurance & Retirement Advisors and host of the Moore Money Radio Show. We would love to discuss retirement savings options that your employees may participate in, whether they are participating in a 401(k) now or not.
Просмотров: 79 Chris Cunningham
Best Retirement Plans - What Are The Best Retirement Plans
What are the best retirement plans – What is the best retirement plan? 1-800-566-1002 http://www.RetireSharp.com . What are the best types of retirement plans and learn how you can avoid the most common mistakes that individuals have made when looking to set up the best retirement plans. How to Find the Best Retirement Plans? Here's How People think it is really hard to find the best retirement plans. Actually, the truth is, it is not hard at all. It is very easy. A good retirement plan is something that ensures financial security. It is as simple as that. How do you define financial security? By the time you retire, you should have built quit a nest egg that you don't have to depend on either your friends or the government for your daily needs. Sounds simple, right? Before we discuss further about retirement plans, I need to ask you a question. Are you in charge of your money? Do you have the freedom to invest your money wherever you want or are you still dependent on your employer to make all these decisions? The answer to these questions decides how your post retirement life will be. Unfortunately, a lot of people do not put their retirement funds to good use. The funds remain dormant in their traditional accounts due to two important reasons. Here they are. A lot of people are unaware of the fact that they can do something with their retirement funds. You can actually opt for a self directed IRA (individual retirement account) and invest your retirement funds whichever way you want and make lots of profit. A lot of people are not aware of this at all. People think that they lack the financial acumen to be able to make the right investment decisions. They think of options like the stock market and they are wary of the fact that they could lose their money by the thousands by investing in a volatile market. So, they decide to play safe by earning a tiny little interest on their retirement funds. Like I already said, the best retirement plans are the ones that give you financial freedom. How do you get financial freedom? Simple - by getting higher returns on your investment, you can safely build a nest egg for your post retirement life. How do you get higher returns? Again, the answer is simple - by investing wisely. How do you invest wisely? Now, this is a very important question. Let us take a detailed look at the answer now. To invest wisely and to pick the right retirement plans, you need to have freedom. In other words, you should be in charge of your own money, not your employer. With traditional retirement accounts like 401Ks, you are always dependent on your employer. Pick the right investment option, get steady returns, and enjoy complete financial freedom in your post retirement life. Feel free to subscribe to our YouTube channel and receive instant access on different retirement related topics. Thanks for watching! Related Search terms: best retirement plans annuities best retirement plans income best retirement plans explained best retirement plans reviews best retirement plans review What is the best fixed indexed best retirement plans vs the top immediate income best retirement plans https://www.youtube.com/watch?v=_gINxOpI5kA
Просмотров: 1262 retiresharp
What Is a 401K Retirement Plan & How Does It Work? Does 401 k plan SUCK???
https://FreeGoldGuide.org - get your FREE 401k to Gold IRA Rollover Guide! Let’s talk about 401lk. What is a 401k retirement plan, and how does it work? Some people believe that 401k is a great opportunity to invest for your future. The others say and BELIEVE that our 401k is about to be stolen by the big banks when the stock market crashes. Who’s right? Let's figure it out! Let me share with you something really interesting and inspiring. This is the life expEctancy graph. As you see, life expectancy increases, year by year, which means that our chances to live a long life improve dramatically. That’s really good, but! We have to figure out how to pay for basic necessities when we retire. And this is what retirement planning is all about? A 401k retirement plan might help us! I watched some videos on YouTube, and I know that it might sound complicated, so let me explain it in simple terms. This is John, John the plumber. John has a wife, two kids, a pet dog, and... a paying job. John likes his job, he makes $50,000 per year.. he cares about his future because he’s hoping to live a long life, full of joy and unforgettable moments. John works for “Super Duper Plumbers LLC”. His employer offers a 401k plan, which is a retirement savings plan for employees like John. In plain language, John can contribute a small portion of his income to his 401k plan. Example! John, as we know, makes $50,000 per year, before taxes. This is what we call a gross income. He decides to contribute 4% of his income to his 401k plan. 4% of $50,000 is $2,000. John reports only $48,000 in income on that year’s tax return. It means that 401k contributions are tax defErred. But what is really exciting is that both an employee (in this case John), and an employer (in this case, Super Duper Plumbers LLC), they both contribute to his 401k account. John saves 4%, which is $2,000. And his company contributes the same amount – 4%, which is $2,000 as well. This means, that every year John saves $4,000, or 8% of his gross income. Now you might have a question in your mind that is “WHERE does this money go, and WHEN and HOW will John be able to withdraw it”? First, let’s talk about where the money goes. In John’s case, there are two options available (this is what his employer offers). Fund number 1 consists of stocks, and Fund number 2 consists of stocks and bonds. John believes in the American economy, he heard something about diversification, and he decides to go with the second option and to invest in stocks and bonds. Year by year John contributes to his 401k plan. Year by Year his employer contributes to John’s 401k. And finally John is 59 and a half, and he is allowed to start pulling money out. And it’s really cool because he has over 500 thousand dollars in his retirement account. BUT HE OWES income tax on all his withdrawals – on the money he contributed and on the gains on his contributions. Whatever he takes out of his account is taxable income, just as a regular paycheck would be. And the problem with 401 k retirement plan and the reason why some people are not happy about it is… No one really knows what the tax rates will be in the future for anyone. Nevertheless, 401(k) plans hold trillions of dollars in assets and represented nearly 18 percent of the $25 trillion in U.S. retirement assets. Let’s go back to John. Can he withdraw his money earlier, until he reached retirement age? Yes, he can, but there is an early withdrawal rule. John may have to pay an additional 10 percent tax on his withdrawal. This is how it works, and this is a brief overview. What about other employers? Every company offers its own 401k plan, with different investment opportunities – particular stocks, particular bonds, and so on. But the general strategy is: you invest a small portion of your money on a regular basis and benefit from this in the future. Now the question: if everything is so good, why a lot of people prefer to stay away from 401k, why do they say that 401k does not work. Well, there are a few reasons. And I mentioned before that no one really knows what the tax rates will be in the future. The second reason is excessive fees nobody tells you about. And the third reason is paper dollars lose value and anything tied to them also lose value. The conspiracy theorists believe that 401k is the way the government is going to steal your hard-earned money. By the way, there is an opportunity to rollover your existing 401k plan to Gold IRA. Click the link below this video and get your free gold investment kit, and learn how you can protect your wealth in case of stock market collapses. Who's right who's wrong? You decide. Let me know your opinion below. Last Kiss Goodnight by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100611 Artist: http://incompetech.com/
Просмотров: 1740 Joyful Investor
Tony Robbins: How to Invest Your Way to a $70 Million Retirement Fund | Inc. Magazine
Life coach Tony Robbins, author of the recent book Money Master The Game, talks with Inc. editor-in-chief Eric Schurenberg about how to invest wisely and inspire the people around you. Subscribe to Inc.'s channel, click here: http://www.youtube.com/user/incmagazine?sub_confirmation=1 Click here for part 2 - Tony Robbins: What It Takes to Achieve Financial Security: http://www.inc.com/tony-robbins/wealth-isnt-about-not-working-about-not-needing-to-work.html Facebook: https://www.facebook.com/Inc Twitter: https://twitter.com/Inc G+: https://plus.google.com/+incmagazine/posts Linkedin: https://www.linkedin.com/company/inc.-magazine
Просмотров: 351193 Inc.
Are 401k Retirement Funds Safe? Stock Market Losses (2008)
In the United States, a 401(k) plan is the tax-qualified, defined-contribution pension account defined in subsection 401(k) of the Internal Revenue Code. Under the plan, retirement savings contributions are provided (and sometimes proportionately matched) by an employer, deducted from the employee's paycheck before taxation (therefore tax-deferred until withdrawn after retirement or as otherwise permitted by applicable law), and limited to a maximum pre-tax annual contribution of $18,000 (as of 2015). Other employer-provided defined-contribution plans include 403(b) plans, for nonprofit institutions, and 457(b) plans for governmental employers. These plans are all established under section 401(a) of the Internal Revenue Code. 401(a) plans may provide total annual addition of $52,000 (as of 2014) per plan participant, including both employee and employer contributions. With either pre-tax or after-tax contributions, earnings from investments in a 401(k) account (in the form of interest, dividends, or capital gains) are tax-deferred. The resulting compounding interest with delayed taxation is a major benefit of the 401(k) plan when held over long periods of time.[9] Beginning in the 2006 tax year, employees have been allowed to designate contributions as a Roth 401(k) deduction. Similar to the provisions of a Roth IRA, these contributions are made on an after-tax basis. For pre-tax contributions, the employee does not pay federal income tax on the amount of current income he or she defers to a 401(k) account, but does still pay the total 7.65% payroll taxes (social security and medicare). For example, a worker who otherwise earns $50,000 in a particular year and defers $3,000 into a 401(k) account that year only reports $47,000 in income on that year's tax return. Currently this would represent a near $750 term saving in taxes for a single worker, assuming the worker remained in the 25% marginal tax bracket and there were no other adjustments (e.g., deductions). The employee ultimately pays taxes on the money as he or she withdraws the funds, generally during retirement. The character of any gains (including tax-favored capital gains) is transformed into "ordinary income" at the time the money is withdrawn. If the employee made after-tax contributions to the non-Roth 401(k) account, these amounts are commingled with the pre-tax funds and simply add to the non-Roth 401(k) basis. When distributions are made the taxable portion of the distribution will be calculated as the ratio of the non-Roth contributions to the total 401(k) basis. The remainder of the distribution is tax-free and not included in gross income for the year. For accumulated after-tax contributions and earnings in a designated Roth account (Roth 401(k)), "qualified distributions" can be made tax-free. To qualify, distributions must be made more than 5 years after the first designated Roth contributions and not before the year in which the account owner turns age 59½, unless an exception applies as detailed in IRS code section 72(t). In the case of designated Roth contributions, the contributions being made on an after-tax basis means that the taxable income in the year of contribution is not decreased as it is with pre-tax contributions. Roth contributions are irrevocable and cannot be converted to pre-tax contributions at a later date. (In contrast to Roth individual retirement accounts (IRAs), where Roth contributions may be re characterized as pre-tax contributions.) Administratively, Roth contributions must be made to a separate account, and records must be kept that distinguish the amount of contribution and the corresponding earnings that are to receive Roth treatment. Unlike the Roth IRA, there is no upper income limit capping eligibility for Roth 401(k) contributions. Individuals who find themselves disqualified from a Roth IRA may contribute to their Roth 401(k). Individuals who qualify for both can contribute the maximum statutory amounts into either or a combination of the two plans (including both catch-up contributions if applicable). Aggregate statutory annual limits set by the IRS will apply. http://en.wikipedia.org/wiki/401%28k%29
Просмотров: 577 Way Back
🔑BUY NOW! http://www.amtvgold.com 💰'How to Profit with Gold & Silver' Educational Course, ENROLL NOW! -==Gift two FREE copies to friends and family!==- Twitter: https://twitter.com/amtvmedia Facebook: https://www.facebook.com/amtvmedia In this course you will learn: 1. Why Gold and Silver is a Safe bet moving forward in an Economy with Zero percent interest rates and runaway Debt. 2. What we can learn from History and How other nations have suffered like Zimbabwe, Venezuela, Argentina and Weimar Republic Germany post World War 1. 3. What we can Expect to happen after Inflation and potentially hyperinflation takes hold in the United States of America. 4. How to Prosper and PROFIT during a Debt Collapse and how to hedge your portfolio today for success and peace-of-mind. 5. How to Diversify your precious metals holding, WHAT TO BUY, build an Asset allocation and Investment STRATEGY. 6. How to Safely Store your precious metals and Creative Thinking Strategies to prevent Thieves and/or government confiscation. 7. 21-page downloadable Gold PDF to follow along with the Video presentation and take Notes for preparation and safekeeping. A comprehensive checklist and worksheet is worth the price of admission! 8. Should I Buy Gold or Silver? What are the Benefits of Silver vs. Gold? What can we expect with pricing? How much should YOU Buy? 9. A discussion of the TWO Principal Risks ahead Deflation / Inflation and how to Prepare for both Scenarios with Gold. How can we look at History to understand Future Events?? 10. How to BUY Gold & Silver... What to Look for in a Broker / Dealer. How to Avoid Scams, Common Pitfalls and Liquidity Concerns in the Event of a CRISIS! **MUCH MORE INCLUDED!! =======- JOIN THOUSANDS OF OTHER STUDENTS AROUND THE WORLD AND NETWORK. INCLUDES COMMENT SECTION AND QUESTIONS ANSWERED BY OUR SUPPORT TEAM AND GOLD SPECIALISTS! OVERALL, this is Invaluable information that will Equip you now before the Great Fall we know is Coming... Remember, they danced and sung into the Roaring 1920's right before the Greatest DEPRESSION we had ever suffered in America. People Lost Everything... FARMS... HOMES... JOBS... and more importantly their ability to Survive. Those that prepared ahead of time PROSPERED immensely with the Largest Wealth Transfer in World History. Understand that now is the time to Act Prudently, Prepare and this course provides all the Fundamentals and Tools you Need to Get Started Today! **Course includes 1 highly produced, comprehensive and private video with Christopher Greene where he shares everything he knows as well as Insider SECRETS to Prepare Now!! Also, included is a 21-page downloadable PDF so you can follow along, take notes and develop a comprehensive Investment strategy and plan of action... This course will Empower you and give you the Confidence you need to Take Advantage of this Giant Debt disruption in the not-too-distant future. Remember, Education is POWER. And with every Disruption there is Massive Opportunity to PROFIT!! We know historically that the average market cycle lasts from 7-10yrs. That is a FACT. We are in Year 10 now of a Historic Bailout period and Historic Debt post the financial collapse of 2008-09. Imagine if you had Prepared ahead of time Before 2008-09? HOW MUCH BETTER OFF YOU WOULD BE? HOW MUCH YOU WOULD HAVE PROSPERED? THE PAIN AND SUFFERING YOU MAY HAVE AVOIDED... Americans are due for a rude-awakening and now is the time to ACT. BUY NOW! REGISTER NOW AT DISCOUNTED PRICING... THIS AN EARLY BIRD SPECIAL!! PRICES WILL GO UP SOON SO TAKE ADVANTAGE OF THIS OPPORTUNITY NOW. GOD BLESS. Thank You, Christopher Greene Happy Investing!
Просмотров: 82769 AMTV
Client Update: How the stock market affected your retirement investments today.
The markets struggled today due to news that broke last night that President Trumps chief economic advisor, Gary Cohen would be resigning in protest of his tariff plans. The Dow 30 was lower by 80, the S&P 500 sold off 1, but the Nasdaq 100 gained 24 as traders continued to support the tech space. CVS Health Corporation (NYSE: CVS) announced today that it will need to raise money to acquire Aetna Health (NYSE: AET) which many had expected. The company issued $40 billion worth of bonds but doesn’t need the money for another few months. The company is likely trying to get the bonds issued before rates head any higher. Investors gobbled up the bonds (which was the largest corporate bond offering in over 2 years) indicating that investors still have an appetite for corporate bond risk, even at these low rates. Weight Watchers (NYSE: WTW) shares were initially lower on news that Oprah Winfrey cashed in some of her shares. The stock finished the day higher as Winfrey released a statement that she would be donating some of the proceeds to her charity and would not be selling any more shares this year. Oprah has been widely praised for her smart play on the weight control company. Dollar Tree (NASDAQ: DLTR) shares were lower on the day by a whopping 15% as the company missed earnings. The company did report an increase in sales and profits but fell short of Wall Street's expectations. Shares are now at their lowest levels since last October. Ross Stores (NASDAQ: ROST) shares were lower on the day by 6% despite and earnings beat. The company announced challenges going forward due to a “competitive retail landscape.” The company also announced they will be raising their starting wage to $11.
Просмотров: 803 Jazz Wealth Managers
What Are Stock Buybacks?
Many companies are using their savings from the 2017 tax cuts for stock buybacks. While perhaps not as obviously exciting as pay raises and bonuses, these buybacks still benefit millions of American workers. Check out this video, made in collaboration with Job Creators Network, to find out how. This video is part of a collaborative business and economics project with Job Creators Network and Information Station. To learn more, visit https://informationstation.org. Donate today to PragerU! http://l.prageru.com/2eB2p0h Get PragerU bonus content for free! https://www.prageru.com/bonus-content Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/2aozfkP JOIN our Educators Network! http://l.prageru.com/2aoz2y9 Script: Hundreds of major American companies, including some of the nation’s biggest employers like Walmart, The Home Depot, Bank of America, and AT&T are using their savings from the 2017 tax cuts to give their employees major pay raises and bonuses. This is a big win for American employees. But some companies are also using part of their tax cut savings for “stock buybacks.” Opponents of lower taxes are pointing to these to claim that tax cuts don’t help ordinary people. But what are stock buybacks and how do they affect everyday Americans? Most companies don’t own much of their stock–outside investors like people who have 401k plans or have mutual funds do. But how does this affect you? The biggest beneficiaries of stock buybacks are the millions of regular investors who benefit from boosted stock prices. If you have a 401k retirement plan, or a college investment account, or have a pension at work like a lot of teachers, firemen and police officers do–stock buybacks boost the value of your savings. Giving everyone more money. Stock buybacks are just one-way companies are using their tax cuts savings. While not as glamorous as pay raises, new hiring, and expansion, they still are good news for the tens of millions of Americans trying to grow their retirement and savings nest egg.
Просмотров: 472693 PragerU
4 things you NEED to know before opening a Roth IRA
I have been working with many new clients who are just getting started. Starting with $1000 or less and getting in the habit of regularly contributing can have a huge impact on your future but there are a few things you should know (probably more than that). Before opening a new Roth IRA, consider these 4 tips. We are a wealth management firm that specializes in improving on the traditional buy and hold approach. To use a simple analogy, we do this by treating ones retirement investments as if they were real estate. For more information call us at 727.492.0314 or visit www.JazzWealth.com Facebook https://www.facebook.com/JazzWealth/ Investment related questions 📧 Dustin@JazzWealth.com Business Affairs 📧Carolyn@JazzWealth.com
Просмотров: 182607 Jazz Wealth Managers
Investing and Retirement Planning Tips: Personal Finance 101 (Part 1)
http://www.integritymarketingseo.com/San_Diego-California-seo-company-search-engine-optimization-service.html Tips on how to save money, invest for retirement, calculate your financial needs and investment contributions, and how to manage your money online. investments, 401k, financial services, annuity, roth ira, mutual funds, term life insurance, long term care insurance, 401k rollover, retirement annuity, term insurance, life insurance company, term life, annuities, personal finance, financial planner, retirement plan, retirement planning, traditional ira, sep ira, investing mutual funds, 401k rollover ira, annuity investments, variable annuity, life insurance quote, 401k plan, wealth management, company 401k, equity fund, growth fund, money market, 529 plan, college fund, college savings plan, global fund, index fund, stock fund, retirement fund, http://www.lifeinsuranceira401kinvestments.com/Fullerton-ca http://www.lifeinsuranceira401kinvestments.com/YorbaLinda-ca
Просмотров: 12027 InvestingInsurance
401(k) and IRA 101 (Investing Basics 3/3, Retirement Basics 1/2)
In this video, you'll learn everything you need to know about retirement accounts such as 401(k)s, 403(b)s, and IRAs! We cover the difference between Roth and Traditional retirement accounts, when to choose an IRA over a 401(k), what happens to your 401(k) when you leave your company, and much more! Investment account recommendations: https://www.moneycoach.io/recommendations/roboadvisors Next video: https://www.moneycoach.io/videos/retirement/2 More of a text based learner? See the transcript and citations here: Investing: http://bit.ly/2fs5Kma Please leave us any feedback here: https://goo.gl/REmdfD
Просмотров: 31990 MoneyCoach
401(k) Contribution Challenge – Investing Basics | Fidelity
What if you contributed just 1 percent more to your 401(k)? In this video for investing novices, you’ll see how saving a small amount each month can make a big difference over time. Find more articles about investing and personal finance at https://fidelity.com/mymoney To see more videos from Fidelity Investments, subscribe to: https://www.youtube.com/fidelityinvestments Facebook: https://www.facebook.com/fidelityinvestments Twitter: https://www.twitter.com/fidelity Google+: https://plus.google.com/+fidelity LinkedIn: https://www.linkedin.com/company/fidelity-investments ________________________________________________ You know, the world is full of tempting things to buy. Hey, it’s natural to want to enjoy the money you’re working so hard to earn. And it can be even harder when your family and friends are playing the one-up game. You know how it goes: you buy a TV and your neighbor immediately goes out and buys a bigger TV. Or, you tell a friend about your trip to Florida, and they go out and book a trip to Bali. Rather than getting caught up in a no-win game, what if you one-upped yourself by increasing your 401(k) contributions? By investing in your 401(k), you’re putting yourself first, and actually giving yourself the likelihood of more money in the future. “How?” you say? Well, let’s see how your money can make money. Imagine that you make $50,000 per year. You have a 401(k) and you have $5,000 in it. You’re contributing 6% of your income. At the end of 30 years, you could have about $332,000. Now, let’s say you increase your contribution by just 1%, or $500 per year. Spread out over 12 months, that’s about an extra $42 per month. Over the course of 30 years, you could have about $50,000 more of retirement. Every little bit you put away for retirement can make a difference. And you may not have to change your lifestyle to put away an additional $42 per month. In fact, you may not even notice it, especially because it can automatically come out of your pre-tax paycheck. But you would notice the potential for an additional $50,000 in retirement. So, let the neighbors battle over something as silly as who has the nicest umbrella. Take Fidelity’s one-up challenge, and put yourself first for a change. “One-Up” yourself today! Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 679858.5.0
Просмотров: 41909 Fidelity Investments
Pop Quiz: Stock Market
If you have a company sponsored retirement plan at work, odds are you've got a stock mutual fund in the mix. But do you really understand how stocks work?
Просмотров: 3243 Money Talks News
Investment Fraud Lawyer: Employee Retirement Stock Plan Fraud
Jake Zamansky of Zamansky LLC, represents employees of public companies who have suffered significant losses in their employee retirement stock plan. When a company engages in fraud the stock price will often fall. If you were invested in a company stock plan that has dropped due to fraud visit our website or give us a call. For more information visit: http://www.zamansky.com/practices/erisa-employment-cases/ Zamansky LLC 50 Broadway 32nd Floor New York, NY, 10004 212-742-1414
Просмотров: 159 Zamansky LLC
Is an ESOP the Right Strategy to Achieve Your Business Transition Goals?
Recorded Thursday, March 16, 2017. With special guest Tabitha Croscut, Shareholder, Devine, Millimet, Attorneys at Law. ESOPs are a tax-qualified retirement plan that are similar to a profit-sharing plan, but are designed to be invested primarily in stock of the sponsoring employer. It allows for higher contributions and deduction limits than other qualified retirement plans. An ESOP can be created when a sole owner or group of owners wants to sell all or a portion of their company’s shares to all of their employees. Contrary to the name, the Employee Stock Ownership Plan does not involve selling stock directly to each employee. It involves selling the owner’s shares to a trust for the benefit of all employees, while maintaining operational control. It provides the owner liquidity, a built-in buyer, and some great tax advantages. If the employees stay with the company, their hard work will pay off in the form of company stock that is distributed annually to an individual retirement account based on their level of compensation. Employees will vest into the ESOP over time and their shares will be purchased by the company when they leave at a future date. During this webinar, we discuss what business owners need to know if they are considering an ESOP for their business, including: What ESOPs are. Why owners should consider ESOPs. Who can/should implement ESOPs. The pros and cons of ESOPs. ESOP tax advantages for owners and their companies. Running the business post-ESOP. Why and how ESOPs are terminated.
Просмотров: 100 BTA
💪Stock market recovers from early sell off | The Closing Beat 🎶
Every day when the stock market closes we update our clients and subscribers about the important or interesting things that moved the stock market and your retirement investments. We leave the opinion out...mostly. Our goal is to educate briefly on what moved the stock markets, what may be coming up, and how your investments, or retirement portfolio may have been impacted by the day's news. Here's a look at what investors were focused on today: The markets sold off hard today thanks to weakness in China overnight as well as disappointing earnings here in the states. The Dow 30 was lower by 125, the S&P 500 sold off 15 breaking through uptrend support, and the Nasdaq 100 also sold off on the day with a loss of 31. Sector News Semiconductors and Tech were once again one of the hardest hit areas of the markets as investors continue their risk off approach in the tech space. Earnings from the big players in the space are due up after the close today as well as into next week. Oil was one of the big losers today as yesterday’s report of higher production from Saudi Arabia was confirmed today by the country. The country said they would play a “responsible role” in the energy markets which, at this point means an increase in production. Stock News United Technologies (NYSE: UTX) shares were higher today following a beat on earnings and revenue for the previous quarter. The company raised it's full year guidance thanks to strong increases in the sales of aircraft parts as the plane builders rapidly build more aircraft. The company did say they expect to see higher costs in 2019 thanks to tariffs. Caterpillar (NYSE: CAT) shares sold off today after reporting earnings and revenue that mostly beat expectations. The negative on the day was that the company did not raise it's 2018 forecast again which continues to have analysts fearful of a company slowdown. Shares have sold off over 25% since the beginning of October. Harley Davidson (NYSE: HOG) shares sold off to new lows today as the company reported earnings that mostly beat Wall Street’s expectations. Stronger European sales were one of the driving factors behind the beat but the company did not raise it's full year forecast. They did comment that they expect to see about $48 million in total costs from the trade war in 2018. They said they spent more on raw materials and expects that to continue. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. ---Ready to subscribe--- https://www.youtube.com/jazzwealth?sub_confirmation=1 For more information visit: www.JazzWealth.com --- Instagram @jazzWealth --- Facebook https://www.facebook.com/JazzWealth/ --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com
Просмотров: 1692 Jazz Wealth Managers
How to rollover 401k | Retirement planning
Website www.jazzwealth.com Facebook https://www.facebook.com/JazzWealth/ Instagram https://www.instagram.com/jazzwealth/ Investment related questions 📧 Dustin@JazzWealth.com Business Affairs 📧Carolyn@JazzWealth.com
Просмотров: 1243 Jazz Wealth Managers
Balancing Employee and Employer Goals in Your 401(k) Plan
Should there be a balance between employee and employer goals in a 401(k) retirement plan? For me, this was a unique statement and one that I felt employers could benefit from learning more about. This episode provides data and specific strategies on how and why everyone can benefit when their goals are aligned. My guest is Hugh O’Toole, President and founder of the Viability Advisory Group. During our conversation you will hear several unique insights and examples of the interplay between healthcare, wages, risk management and employee engagement as the main drivers of both employer and employee financial wellness. Check out the full episode here - http://apple.co/1rpVflQ
Просмотров: 139 Rick Unser
5 Myths About 401k Rollovers That Could Wreck Your Retirement
Don't believe these 5 myths about 401(k) rollovers. It could hurt you. To download your free report "401(k) Rollover 10-Point Checklist For Baby Boomers" click here:http://retirementplanningmadeeasy.com/401krollover Myth #1 - 401(k) Rollovers Have Hidden Fees - Absolutely not true. The transaction is fee free. Of course if you use an advisor you may pay him/her a fee for their services. But the transaction itself does not have fees. Myth #2 - You Can Rollover Your 401(k) Into An IRA If You Make Too Much Money This also is false. There are no income restrictions or limits on 401(k) rollovers into IRA's. Sure, you may not be able to contribute to a Roth IRA if you make too much. And you may not be able to deduct your contributions to a traditional IRA if you make too much. But this does not apply to a 401(k) rollover. Myth #3 - You Must Cash Out Your 401(k) When You Leave Your Employer Nope, in most cases. You can usually keep your funds in the old employer's 401(k) plan. If you have over $5,000 in the plan, your old employer must keep it if you want them to. Myth #4 - You Must Already Have An IRA Or You Can't Do A 401(k) Rollover Not true. You can open up a brand new IRA account with no money in it, and that will suffice to roll your 401(k) into it. Myth #5 - When You Rollover Your 401(k) You Lose The Portion Your Employer Matched Also not true if you are vested. If you are vested you will receive your employer's contributions. So check with your employer to see how long you must work with them before you become vested. To download your free report "401(k) Rollover 10-Point Checklist For Baby Boomers" click here:http://retirementplanningmadeeasy.com/401krollover To read the full article with this video visit: http://retirementplanningmadeeasy.com/5-myths-about-401k-rollovers-that-could-wreck-your-retirement/ Best regards, Chris Hammond Disclosures: Investment Advisory Services offered through Retirement Wealth Advisors Inc. (RWA) a Registered Investment Advisor. Retirement Planning Made Easy / Tri-State Financial Group and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision. This information is designed to provide general information on the subjects covered, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Retirement Planning Made Easy / Tri-State Financial Group and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney. Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Retirement Wealth Advisors Inc.
Просмотров: 2845 Retirement Planning Made Easy
The 4 Best Investment Ideas You Can Make (for 2018)
It's THAT time... Happy New Year party people 🎉🎉. If you've got money to invest in 2018 but no idea where to put it? This video is for you... yes, YOU. I'm sharing my 4 best investment ideas with you as we ring in 2018. ▶︎ #1 - INVEST IN THE STOCK MARKET While everybody may say to invest in the stock market... the reality is, a lot of people do not even do it. Do you? ▶︎ What is "dollar cost averaging"?? And how is it going to calm your fears with the ups and downs of the stock market? ▶︎ Where do I think you should invest? #FreeAdvice *** HERE ARE MY FAVORITE PLATFORMS TO START INVESTING *** ✅ Betterment - Best company if you don't want to choose the investments. They do all the pickin' for you! https://www.goodfinancialcents.com/resources/betterment-youtube-roth-ira-millionaire.php ✅ Ally Financial - Pick stocks, ETFs, Mutual Funds, etc with the help of their tollfree number! https://www.goodfinancialcents.com/resources/ally-youtube-best-investments-2018.php ✅ TD Ameritrade - The best online broker for online stock trading, long-term investing, and retirement planning. https://www.goodfinancialcents.com/resources/tdameritrade-youtube-best-investments-2018.php ✅ Etrade - You're in full control of your financial future with them. They have the information, the analysis, and the online investing & trading tools you need. Have at it. https://www.goodfinancialcents.com/resources/etrade-youtube-best-investments-2018.php ▶︎ Individual Stocks? STAND BACK, YO! ✋ ▶︎ #2 - INVEST IN PEER TO PEER LENDING Do I sound like a broken record yet? I'm always talking about peer to peer lending and the benefits. A few peer to peer lending providers I like include: ✅ Lending Club - It's a place where borrowers and lenders alike can connect and make magic happen. https://www.goodfinancialcents.com/resources/lendingclub-youtube-best-investments-2018.php ▶︎ #3 - INVEST IN REAL ESTATE This is the part where I lost my butt investing and I'm really hoping I can save you from making the same mistakes I've made. ▶︎ Without being a landlord... there are other ways to invest in real estate - check it out! ▶︎ What is Fundrise? And why am I recommending it as part of your investment strategy? GET THE DETAILS ➡ ✅🏘 https://www.goodfinancialcents.com/resources/fundrise-youtube-best-investments-2018.php ▶︎ #4 - INVEST IN YOURSELF Surprised that I'm calling that a real kind of investment? Whether it is reading more or taking an online course on a site like Udemy or Skillshare, investing in yourself is the best thing you can do in 2018. ▶︎ What course I paid $3,500 for to learn something... CRAZY? No way! ▶︎ Bitcoin? My thoughts are all here... and here's WHY I'm not investing in it, yet. ★☆★ Want More Good Financial Cents? ★☆★ 💻 Check out my blog here: https://www.goodfinancialcents.com/ Listen to my podcast here: 🎙 https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2 Pick up my best selling book, Soldier of Finance, here: 📗 http://amzn.to/2xOH78V Connect with me on Twitter: https://twitter.com/jjeffrose My most favorite inspiration T-shirt line, Compete Every Day: 👕 https://www.goodfinancialcents.com/compete
Просмотров: 526590 Wealth Hacker - Jeff Rose
5 Things To Do 5 Years Before Retirement
For more information on our WealthVision Financial Plan check out our info page here; http://moneyevolution.com/wealthvision/ For access to the 7 Core Elements of Retirement Planning Video Series and Action Guide Click here. http://moneyevolution.com/7-core-elements-yt/ In today's video, I'm going to be talking about Five Things That You Should Do When You're Five Years Away From Retirement. So right off the bat, number one is Get Organized. If you're planning for retirement you might have a lot of your financial information scattered into a whole lot of different places. Maybe you've got some 401K plans at work, or some IRA accounts. Maybe your spouse has some retirement plans or old pension benefits. So the first thing you want to do is bring all of that information together. We also want to start identifying how some of those retirement resources are going to be able to work for you to provide you with the retirement lifestyle that you want. We call it your Retirement Gap. Fortunately, we have a couple of tools available to help you with this process. One of these tools is our 7 Core Elements of Retirement Planning Video Series and Action Plan. It’s a do-it-yourself type of a plan where you can start to get some of this financial information organized. Of course, we also do financial planning as well. We call it our WealthVision Comprehensive Financial Plan where we do it for you. Number two is we want to look at how we can kind of optimize the retirement assets that you have. We call this shift money to tax advantaged accounts. So as you approach retirement, we find that your cash flow tends to improve. Maybe your kids have moved out of the house, you're done paying for college, they're kind of self-sufficient on their own. Hopefully if your career and your job are going well you're making a little bit more money. So you might have more cash flow available to save money for retirement, but we also want to look at where some of that money is being saved. What we find for a lot of people is they have money in non-retirement accounts, taxable accounts that you have to pay income taxes every year on. We look for ways or opportunities for you to shift that over into tax advantaged accounts. So take a look at your accounts. Are you maxing out your 401K plan? Some 401K plans allow you to save an additional 10% in an after-tax savings vehicle. There's a recent tax law that now allows you to move that money directly to a Roth IRA account, even if you're over the income limits. You can contribute money to IRA accounts or Roth IRA accounts. Number three is Know Your Healthcare Options. Understanding this is very important because there are some big, big price tags on this. If you're working, and your employer is offering healthcare insurance now, you want to visit the HR department. Find out what they do about, if anything, in retirement. Are there any options to continue that healthcare, especially if you are going to be retiring prior to age 65 when you're eligible for Medicare. If you're married, check out what your spouse offers too, and compare those different plans. Start putting together some idea of how much that healthcare is going to cost because you don't want to get blindsided by it. There was a recent study by JP Morgan a couple years ago, and they said that if you had to go out into the Affordable Care Act exchanges, for a 64-year-old it would cost about $8400 a year per person for just a Silver Plan. That's not even the top-level plan! So understand what those options are, and check with your employer. Number four is think about your Plan For Income. Hopefully, if you've done some financial planning, you've identified some of your gaps. You want to know where those gaps are, and how much money will you potentially have to pull out of your retirement accounts. Are you eligible to take money out of those retirement accounts? Are you over 59 and a half if it's an IRA, are you over 55 if it's a 401K? You don't want to get hit with any penalties. Start planning out what that income strategy's going to be, and have some of that money in a more conservative investments so you're not blindsided by, “Oh my gosh, I'm retiring, I need to take $20,000 out of a retirement account and guess what, the stock market's down”. So think about that plan for income and where's the money going to come from. Number 5, and I love this one, because I think it kind of fulfills two issues here with retirees, is to Consider a Semi-Retirement. I think the idea for most of us, and in fact what I think about my own retirement is the idea of working 40, 50 hours a week, and then all of a sudden one day just throwing in the towel and never working again just sounds a little bit abrupt. (continued on blog) http://moneyevolution.com/2018/04/23/5-things-to-do-5-years-before-retirement/
Просмотров: 70979 Money Evolution