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There are a lot of things you can invest your money in, like gold, real estate, bonds, and stocks, just to name a few. In this video, I’m going to talk to you about these different types of investments, and what the best option for you probably is. http://bit.ly/2hxgvWG
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Difference Between 401k and IRA
The difference between 401k and IRA plans are both small and large. You’ll find many small details that differ between the two, but for the most part, you can break it down to one main thing, your level of control.No Benefit From a Roth IRA Conversion
I see your still getting conflicting opinions about converting a traditional IRA to a Roth in 2010 when there are no IRS income restrictions. And, it’s still not a good financial decision. There’s actually a very easy way to decide.401k Deduction
The 401k deduction for taxes that is often discussed is not actually a tax deduction, it actually just puts a hold on paying taxes on the money you invest until you withdraw during retirement. This is a helpful tactic though, and one that will help you grow your retirement savings considerably.401k IRA Rollover
A 401K IRA rollover is a very simple process, that can easily go wrong. As long as you stay on top of your paperwork and make sure things are transferred directly you can avoid losing a great deal of money in 401K penalties.401k Maximum Contribution
The 401k maximum contribution limit changes every year, so if you are looking to contribute as much as possible and take advantage of your retirement plan you’ll want to keep up to date with the new limits. As of 2009 you can invest up to $16,500 if you are under the age of 50. If you are between 50 and 59 years and 6 months of age then you have an additional $5,000 catch-up investment you can make to prepare for your retirement.
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