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Three Reasons Why 401k is Good For Your Personal Finance
If you want to live a happy life, your personal finance is something you must pay attention to. The reason is because financial problems tend to cause problems in other areas of life. If you get your personal finance in order, you will greatly reduce the possibility of having problems in other areas of your life.IRA Loan – Using Your IRA For Lending & Profit Splits
About the IRA loan: It is possible to use the funds in your IRA account as a loan. The lending of the money can result in split profits when the loan is repaid. IRA loans are allowed, but the amount must be repaid to the account. There are many forms of transactions that can take place that would result in a profit split.401k Rules FAQ – 401k Contribution Limits
There are a number of 401k rules set into place such as 401k contribution limits. Here’s a look a the latest 401k limits for this year.Companies Cut Back on 401k Match – What To Do If Your Company Stops Matching Your 401k
In the wake of the financial crisis and the resulting recession, many companies have been reducing or suspending contributions to their 401k Plan. Many people don’t realize that many 401k plans, are forced to make a matching contribution. Even if the company says it has stopped matching, it may be forced to make a match.What Are the 2009 401K Limits?
If you own 401k plans you need to make sure you don’t exceed the contribution limits. Here’s a look at the 2009 401k limits.
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