What is An Annuity?
April 14, 2010 by Pete Mitchell
Filed under All Posts, Insurance Information
One of my favorite questions: What exactly is an annuity? Let me break it down to its basic function. An annuity is an investment contract with an insurance company, much like a CD is an investment contract with a bank.
Can I Roll My 401k into a Roth IRA?
April 9, 2010 by Pete Mitchell
Filed under All Posts, Everything IRA, Your 401(k)
This question comes up more times than I can count. Can I roll my 401k into a Roth IRA?
And the simple answer is, not directly, but indirectly you can.
Pete Mitchell’s- What To Do If You’re Laid Off
February 26, 2010 by Pete Mitchell
Filed under All Posts, Everything IRA, Your 401(k)
If you’re laid off, what happens to your retirement money? Well, you have three basic choices with your 401(k). One gives you more freedom and control than the other two.
IRA Contribution Deadline by Pete Mitchell
February 17, 2010 by Pete Mitchell
Filed under All Posts, Everything IRA, IRA
Don’t miss the IRA contribution deadline! Make sure you make your 2009 IRA contribution before April 15! With stocks performing so well these days, fully funding your IRA for 2009 (and 2010) could mean a tremendous boost toward saving for retirement.
Rule Changes For In-Service 401(k) Rollovers
February 11, 2010 by Pete Mitchell
Filed under All Posts, Everything IRA, Your 401(k)
RULES CHANGES FOR IN-SERVICE 401(k) ROLLOVERS 401(k)-to-Roth rollovers are now possible before age 59½. There is a new possibility in the world of the 401k. Sometimes employees want to pull money out of a 401(k) before they retire. It isn’t always because of an emergency. Some workers want to make an in-service non-hardship withdrawal just to [...]
