Can I roll my 401(k) and/or IRA funds into a more liquid investment fund without penalty?

June 30, 2024 No Comments

A: Choosing your retirement plan investments requires the assistance of an expert who is able to analyze your options and to help you choose the investments that best suit your profile. The investment advisor will take into consideration your risk tolerance and how soon you

Can I roll my 401(k) and/or IRA funds into a more liquid investment fund without penalty?

July 7, 2024 No Comments

Can I roll over a 403b plan?

June 30, 2024 No Comments

A: Part or all of the funds in a 403(b) plan can be rolled into an eligible retirement plan. Rollovers into a traditional IRA or non-Roth retirement plan are generally tax free. Funds can go into a Roth IRA by direct rollover, subject to income

Can I roll over a 403b plan?

July 7, 2024 No Comments

Can I roll over a profit-sharing plan to an SEP IRA account without suffering any tax penalties and liquidation of current positions held in this account?

June 30, 2024 No Comments

A: It depends. If the transaction is processed as a direct rollover to the SEP IRA, then no taxes will be withheld. Through a direct rollover, the assets are made payable to the SEP IRA custodian (or trustee or plan to which the assets are

Can I roll over a profit-sharing plan to an SEP IRA account without suffering any tax penalties and liquidation of current positions held in this account?

July 7, 2024 No Comments

Can I take money from my 401(k) to pay taxes?

June 30, 2024 No Comments

A: Tax bills may be paid from a 401(k) through the loan provision if the plan allows for such loans, but the rules around 401(k) loans generally make it cost-prohibitive. Advantages 401(k) loans may be advantageous due to the relatively easy access to plan balances.

Can I take money from my 401(k) to pay taxes?

July 7, 2024 No Comments

Can I take my 401(k) in a lump sum?

June 30, 2024 No Comments

A: The simple answer is yes. The follow up question is whether a lump-sum withdrawal is a good idea. And the usual answer to that second question is no. Establishing a retirement savings plan during your working years is a necessary part of comprehensive financial

Can I take my 401(k) in a lump sum?

July 7, 2024 No Comments

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