You also have the option of creating your own 401k plan, sometimes referred to as a "solo 401k." With a solo 401k, you can defer up to $18,000 in 2017 (or $24,000 if you're 50 or older). You can also contribute up to 20 percent of net earnings from self-employment. Still, ...
Before you make any decisions on when and how to access the money, it's worth familiarizing yourself with the rules that apply to different beneficiaries. The rules for these retirement plans can be complicated. Therefore, mistakes can be made, and depending on the specifics, they can be ha...
401(k) Rollovers— If you recently switched jobs, you'll want to make sure your old 401k gets rolled over correctly. Find out how 401k rollovers work and how to handle special cases like 401k to IRA rollovers. 401(k) Rules and Limits— Are you getting the most out of your employer...
If you love movies, you will still go to the movie, but whereas now you only go on opening night every once in awhile because you don’t like to shell out the money for a first-run movie, in the future you won’t mind spending the extra money to see a movie during opening weeken...
employees can claim it within six years instead of three. Also, new mandates will govern the investigation, mediation, and enforcement of wage discrimination claims. So, Colorado’s Department of Labor and Employment will be better supported to handle these claims. These new rules took effect on...
IRA, 401k, 403b It is very important to know how you handle beneficiary designations to ensure that you get the most favorable tax possible. Attorney and Financial Advisor Chris Berry share the strategies on how to do that in this episode of Daily Wisdom. ...
So, you can contribute up to $69,000 in 2025 (or $76,500 if age 50 or older). But, you get more benefits by not having to handle extra administration and testing requirements that come with having a team. Other Little-Known Matching Benefits for Employers ...
Futures are derivative contracts in which a buyer commits to buying a certain amount of gold at a predefined price at a later time. More experienced investors can hedge their larger portfolios and speculate on prices with gold futures, giving them exposure without having to handle the physical me...
Financial managers review data and make recommendations to top management to increase revenue. Financial managers are responsible for the financial stability of a company. They prepare financial reports, handle capital expenditures, and set long-term financial goals for the company. ...
WithRocket Money, you don’t have to deal with negotiating bills yourself. They handle it for you, and if they save you money, you pay a small fee based on your savings. Simple and hassle-free! Debt Interest is one of the biggest costs in life. To save money quickly, focus on lower...