Can my company ever be entitled to take my 401(k)?

June 30, 2024 No Comments

A: Depending on the terms of your 401(k) plan, your employer may be able to retain some, or all, of the contributions it has made to your account if you separate from your employment too soon. Vesting Schedules Though the contributions you make to your

Can my company ever be entitled to take my 401(k)?

July 7, 2024 No Comments

Can my IRA be taken in a lawsuit?

June 30, 2024 No Comments

A: Whether your IRA can be taken in a lawsuit depends largely on your state of residence and the judgment in question. There are no federal protections in place shielding your IRA from seizure in a lawsuit. When Is Your IRA In Danger? If you

Can my IRA be taken in a lawsuit?

July 7, 2024 No Comments

Can my IRA be used for college tuition?

June 30, 2024 No Comments

A: You can use your IRA to pay for college tuition even before you reach retirement age. In fact, your retirement savings can be used to pay for a wide range of education expenses for you, your spouse, your children or your grandchildren. Education: An

Can my IRA be used for college tuition?

July 7, 2024 No Comments

Can personal loans be included in bankruptcy?

June 30, 2024 No Comments

A: Personal loans from friends, family and employers fall under common categories of debt that can be discharged in the case of bankruptcy. Types of Dischargeable Debt A discharge releases individual borrowers from the legal obligation to pay previously existing debts. Other types of dischargeable

Can personal loans be included in bankruptcy?

July 7, 2024 No Comments

Can savings from a Roth 401(k) be used for college without penalty?

June 30, 2024 No Comments

A: With college tuition ever on the rise, many parents look to their retirement savings to assist with university fees. However, using a Roth 401(k) to supplement education expenses may not be as easy as with other retirement plans. Unlike a Roth IRA, there is

Can savings from a Roth 401(k) be used for college without penalty?

July 7, 2024 No Comments

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