So, my name is Chris Berry with Castle Wealth Group. And today, we’re going to talk about 403(b)’s. These are near and dear to my heart. Sometimes these are called teacher’s 401(k)s. You don’t have to be a teacher to have one of these, but typically you’re working for ...
Limited rollovers: a SIMPLE IRA cannot be rolled over into a Traditional IRA without a waiting period of two years from the date on which the employee first participated in the plan; SEP IRAs and Traditional IRAs cannot be rolled over into a SIMPLE IRA. Early w...
ve always rolled over our accounts to a Fidelity Rollover IRA. Dad and I each have one – collecting all of our previous employer plans into one. They’re at Fidelity because that’s where my first 401(k) was and it’s been convenient. And currently, Dad’s 403(b) and 401(a) are...
My answer was 1-2 months of EF, but that’s b/c I have lots of other safety nets: My father lives nearby and has an extra bedroom, I am definitely eligible for EI and that number would cover my bills for the month. I could turn my job around in about 2-3 months and could pro...
Pat had taken myFinancial IQ Quizand found it very insightful. So Pat asked me to answer ten questions in writing for publication in Pat’s column. The questions indicated Pat knewfull wellthat I have a contrarian take on Wall Street and that I’m an advocate for consumers and investors....
403b, 457, IRA, Roth IRA, secret questions, credit monitoring and report accounts etc. There are some 50+ individual accounts to track. Once a month I get her to sit with me and go through our Mint and Personal Capital accounts which are great tools to have a holistic view of your fi...
and he mentioned filling a work-offered 457B after doing the minimum of the 401 and 403 to get the matching benefits from my employer (already do!). The 457b is similar to a traditional ira in that it’s tax deferred, but that i can access it penalty free once i quit work. You ...
s really no reason why savers need to incur the massive administrative costs of hundreds of thousands of 401k and 403b plans chasing the pretty same group of maybe a few hundred mutual funds. States or the Treasury–or maybe even the Social Security system–should offer every employer a “...