401k Loan – How to borrow from your 401(K)?

How-to-borrow-from-your-401k

If your plan document allows you to borrow for a specific reason then you can qualify for a 401k loan. Most 401(k) plans allow borrowing money only for certain specified reasons. And yes, watch out before you start borrowing money. Check out the 5-Must Known Facts about taking a 401k loan. 5-MUST KNOW FACTS about the … Read more

The Best 401(k) Plan Strategies to Retire Rich

The 10 Best 401k Strategies To Retire Rich

The Ultimate 401(k) Plan Ressource After reading dozens of articles, books & interviewing Financial Advisors and Tax Accountants, I was able to collect all pieces of the puzzle and bundled all of it in this comprehensive article. Find everything you need to maximize your 401k profits! Make better & smarter decisions with your 401k contributions. … Read more

Solo 401k: 10 Facts you have to know when starting!

Solo-401k

A Solo 401(k), (also known as a Self Employed 401(k) or Individual 401(k)), is a 401(k) qualified retirement plan for US-Citizens and people with permanent residency in the US. It was designed specifically for employers with no full-time employees other than the business owner(s) and their spouse(s). However. If you are self-employed you don’t have the opportunity to get an employer to match your contributions. … Read more

The Myth about the Secret 401k Backdoor disclosed!

401k-backdoor

What’s about all this crazy huge tax exemption nonsense? a 401k deduction that many people speculate with – but simply doesn’t exist! At the end of the year it’s always stressful when it comes to your personal taxes. Collecting invoices, looking for some options to save taxes, finding a good software that might help you to … Read more