401k
Showing 50 results of 93
Converting PreTax 401k to ??? or what are my options?
Apr 28 2024
After I left the Navy I started working and putting money in a pre-tax 401k. About a year ago I decided to shift my contributions to a Roth 401k. But still about 90% of my 401k is pre tax. I wish I ha...
reddit.com
How often do you take distributions from your IRA / 401K?
Apr 26 2024
Spouse (62) is cutting back to part time soon and will still have health insurance. We're going to start taking distributions from one of the 401Ks to make up for the loss of income. (Funny thing is s...
reddit.com
Pulling my 401k to buy another house.
Apr 23 2024
I can't stand it. I lost $2k last week due to stock market volatility. I understand that a 401k is a long term investment, or you make more conservative choices. Screw that! I can put my money in the ...
reddit.com
Anchor strategy for 401k, should I do it?
Apr 21 2024
Fidelity retirement specialist is telling me that I could take a portion of my 401(k) money and put it in what is called an anchor strategy. He is proposing an annuity for three years. The goal would ...
reddit.com
Required Minimum Distribution
Apr 08 2024
In 2006 I converted a 401k via a 72T mechanism that put the proceeds into a variable annuity (VA). I have been drawing a monthly benefit from that account to date. I was recently advised that I have t...
community.aarp.org
Should I Stop Contributing to My 401k?
Mar 26 2024
The easiest way to become a millionaire is to max out your 401k contributions every year. It’s a lot of money to put away but trust me. Your 401k will grow and become the foundation of your port...
retireby40.org
Fertility Benefits in Tech: Double Lines
Feb 28 2024
Want to know which FAANG benefit I am personally most grateful for? Is it the 1 month recharge? The 50% match on your entire 401k contribution? The 16 weeks of paid parental leave (for both parents!)?...
andrenader.substack.com
Latest 401k Averages Book Broadens Scope on Advisor Pay, Recordkeeping Admin
Feb 26 2024
Reader feedback leads to the enhancements in 24th Edition of plan fee benchmarking tool,…...
401kspecialistmag.com
Withdrawing from 401K on Social Security When Does Income Tax Start?
Feb 18 2024
I retired at 60 and have been living on savings for a couple of years. Late last year I reached 62 and started receiving my SS benefits. So I'm not worried about paying taxes on my annual income for 2...
reddit.com
Is there a tax “time bomb” hiding in your IRA & 401K?
Feb 13 2024
The U.S. government has made it easy for you to save for retirement in a traditional IRA or 401K. But there’s a hidden risk that most people don’t see until it’s too late. Putting mo...
bossretirement.com
Maximize Your Early Retirement: Should You Save to 401k or Brokerage Accounts?
Feb 13 2024
Typical retirement strategies assume a retirement age of over 60. With an earlier retirement goal, a careful look is required to determine what strategies will create the best outcome. James responds ...
buzzsprout.com
Retire at 61 or try to hang on for another 9 months?
Feb 13 2024
I currently have about 1.7 million in company 401k and will be turning 61 in July. I also have about 35k in HSA and have medical coverage thru VA. If I stay with my current employer(which I've been wi...
reddit.com
IRA/ 401K Withdrawal 4% rule-of-thumb
Feb 12 2024
There is a common rule-of thumb that 4% can be withdrawn from a IRA or 401K account each year in retirement, and the balance of the account should not go down. What would be the reasons for a retired ...
reddit.com
What to do with a 401k after retirement?
Feb 02 2024
My plan is to retire in April 2024. Two years ago I converted my 401K into an IRA but I continued to fund the 401k (so I would continue getting matching funds by my company). So the 401K will be about...
reddit.com
Should I Roll My IRA into My 401K to Do a Backdoor Roth? Ep #207
Jan 29 2024
If you have rollover IRA accounts and want to make a backdoor Roth IRA contribution, this episode is for you. There are several steps involved to handle this strategy in the right way including unders...
financialsymmetry.com
When do you stop investing in a 401k or IRA?
Jan 27 2024
I've taken all my 401k and rolled it over into an IRA in Vanguard. Now Vanguard is suggesting I contribute to an IRA. Is that a good idea? Will it reduce my taxes or income? I don't expect I'll need a...
reddit.com
W-4P for periodic installments permitted by my 401K plan after retirement.
Jan 20 2024
My company's 401K plan permits periodic distributions/installments after termination from employment upon reaching early or normal retirement age. I retired at the normal age last month. The plan admi...
reddit.com
Should I Roll My IRA into My 401K to Do a Backdoor Roth? Ep #207
Jan 15 2024
As part of our efforts to bring you actionable strategies to help you reach your ideal retirement, we’re tackling a complex question today. The backdoor Roth strategy can be a way to increase yo...
financialsymmetry.libsyn.com
What do you cash in first, IRAs or non-IRAs?
Dec 01 2023
What do you cash in first, IRAs or non-IRAs? We have a gap of 4-6 years between retirement and claiming SS. We need to draw from savings, should we cash the IRAs or the non-IRAs (mainly 401k's and mon...
reddit.com
Struggling with becoming a spender not a saver
Nov 13 2023
Me and my wife both 67 I've worked full time her a few years as we raised 5 kids. Was hard to save in those early years but last few have been great. Managed to have 600k in 401k 600k already taxed ea...
reddit.com
Can we only take so much out of our 401k a year?
Nov 05 2023
Please explain. My husband is a recently retired postal employee and we are confused if we can take out large amount out of 401k and not lose his pension? He says he can only make $22,000 a year now t...
reddit.com
401k limits
Nov 02 2023
My company/401k investment firm only allows 50% of my wages to be deducted. This level of deduction does not allow me to max out my over 50 additional $7500. I believe this is form of age decimation? ...
community.aarp.org
401k - can you convert active to a managed account?
Oct 27 2023
Not sure this is an option, but I have an active 401k with my employer and I was thinking about having it managed. Has anyone converted an active 401k to an IRA and had it managed? My returns have bee...
reddit.com
How to prepare for retirement at 49 and no savings or 401k
Oct 18 2023
Well as the title said I’m F49. I’ve never been married and I don’t have any children. I do not own a house and have about $2000 in my checking account. I make about $58K a year. I&r...
reddit.com
Can I contribute 100% of working pay to a 401k? As long as I don't go over yearly max?
Oct 15 2023
I'm retired and collecting social security. I'm considering going back to work part time but I don't want to add much income. I don't need the $ and it will only cause my health insurance to cost more...
reddit.com
Can I roll over an old 401K into an self-managed IRA without paying taxes at time of this late roll-over?
Oct 06 2023
I have a decent 401K from a job I left 6 years ago. I left the money there because it was doing really well. Well, now it's not. It lost money as market took a nose-dive last year. It still isn't doin...
reddit.com
Euro-denominated investments in a US 401K or Sep-IRA
Oct 05 2023
Forum, I am a US citizen, preparing to retire full-time to Europe. One of my concerns is exposure to currency exchange (US to Euro). Does anyone know if it possible to hold Euro denominated investment...
reddit.com
401k with catch up and additional (Roth) IRA?
Oct 04 2023
Hello-I’m over 50 so I am allowed to add an additional $7500 a year to the $22500 a year maximum 401k contribution. I am deducting the max 30k a year from my paycheck. Can I also open a Roth IRA...
reddit.com
Should I Max Out My 401k? [The Surprising Truth]
Mar 30 2023
Retirement planning is an essential part of personal finance that requires careful thought and consideration. One of the most popular retirement savings vehicles in the U.S. is the 401(k) plan, which ...
ofdollarsanddata.com
ESG and its effects on 401k plans
Mar 21 2023
The government recently did a veto on a bill that would require investments in Retirement funds not be required to meet the Environment, Social, and Government requirements, rather than on profitabili...
community.aarp.org
What do I do with my 401K?
Mar 16 2023
I'm about to turn 61, and will work until 65 when I retire. Speaking in general terms, I have $500K in my 401K made up of my contributions, employer match, and decent growth over time. 80% of that is ...
reddit.com
Getting past the mental blocks about spending 401k money
Mar 15 2023
I've read through some posts about people being afraid of spending their 401k and most responses assume you aren't depending in the 401k to be your main source of income. The only pension I have may b...
reddit.com
What institutions do you recommend for 401k s?
Mar 15 2023
I was previously a teacher but now have my own LLC and on payroll with an s-corp. What financial institutions do you recommend for getting my own 401k? submitted by /u/Low-Zucchini6397[visit reddit] [...
reddit.com
Employer Stock In Your 401(k) Account Can Leverage Your Risks
Mar 14 2023
Owning employer stock in your 401(k) can increase returns, but it multiplies your financial risk....
forbes.com
Total 401k return by retirement?
Mar 14 2023
Does anyone know what the avg TOTAL return is for a 401k by retirement? Example to make things easy: If by 65 I’ve invested $20,000 of my money into my 401k but my portfolio is worth $100k, it w...
reddit.com
401k rate of return?
Mar 13 2023
Hi, I'm nowhere near retirement but I've been investing in my 401k for quite a while now. I know if I have demanding concerns I'll speak with an actual financial advisor, but I'm curious if anyone kno...
reddit.com
What are my next steps?
Mar 13 2023
I’m 60, SF, no kids and starting to seriously think about my next steps. I have a good job (85k) and benies and ~$500k in my 401k. Only have ~ $2k in savings and owe $5k on CC. Car will be pd in...
reddit.com
I have my own Roth IRA and my companies Roth 401k, how should I contribute?
Mar 13 2023
I’m just coming up on year one at my newish job. Decent pay (70k but a raise is in the works in the next two months that is negotiable). I’m currently 30M. Currently have about 15k in Roth...
reddit.com
How do I get over the fear of spending my 401k?
Mar 12 2023
submitted by /u/mmura09[visit reddit] [comments]...
reddit.com
401k vs Roth 401k how to decide?
Mar 11 2023
Im hoping to get some clarity on deciding. The usual advice i see is if you think youll be in higher tax bracket in retirement then go roth, if same tax bracket it doesn't matter and if lower tax brac...
reddit.com
How does retirement cash flow from 401k actually work?
Mar 08 2023
Okay, so this may seem like a silly question, but consider me completely uninformed regarding retirement and cash flow. I will provide a little bit of my situation for context. I am 52 and married. Th...
reddit.com
401k and retirement?
Mar 05 2023
Hello I am a 28 year old business owner and have run a pretty successful business for the last 5 years. I have been so focused on growing and building the business that I never really thought about re...
reddit.com
Should I Liquidate my 401k to pay off the mortgage? I'm over 60
Mar 05 2023
I'm still working but on the verge of retirement. In an effort to eliminate monthly expenses, I'm eying my 401k, which is sitting at a 450k balance to pay off my first and only home loan. It has a sim...
reddit.com
Saving for retirement in brokerage account not 401k. Can I do this?
Mar 03 2023
Just started a new job at a great but small firm and they have no retirement plan. I have worked for 25 years and and have contributed to a 401k. I want to finish out the last 10-12 working years at t...
reddit.com
Roth IRAs, 401(k)s and 529s
Mar 02 2023
We always know when it is the beginning of the year, because we get so many questions about retirement accounts and everything related to them. This episode answers more of your questions about employ...
whitecoatinvestor.com
Messed up saving when I was younger how much should i save in my 401k now?
Mar 02 2023
I just turned 34 I only have about 9k in my 401k and it’s aggressive investments (since I’m still somewhat youngish) right now I have 10 percent going into traditional (+ 6 percent match)a...
reddit.com
New 401(k) Rules and Benefits for 2023
Feb 28 2023
Big changes are coming to 401(k) benefits this year and the next few years. If you want to maximize your retirement savings and your retirement lifestyle, it’s critical you are aware of these ch...
401kmaneuver.com
Does your company transfer retirement 401k funds every quarter?
Feb 28 2023
Looking at my 401k, they have transfers every three months to the same stocks just moved around a little. Is that normal? submitted by /u/AlienRealityShow[visit reddit] [comments]...
reddit.com
You Can Contribute Even More To Your 401(K) In 2023, But Should You?
Feb 27 2023
The IRS's 401(k) contribution increase in 2023 is nearly 10% over the previous year's $20,500 limit. What contributed to this rise? Is this an opportunity for you? If so, how can you take advantage of...
forbes.com
Contribute to 401k or Roth 401k?
Feb 27 2023
Should I be contributing to my 401k or Roth 401k? My employer offers both and I currently contribute 4% to the Roth 401k and 3% to my 401k. Should I go full Roth? Currently make $135k/yr and anticipat...
reddit.com
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