Archive for July, 2010

No Pension, No Worries, Network Marketing Is The Key

The disappearing pension plan and retirement plans are making it more appealing to work at home. At one point, if you were working at a high income career you most likely had a pension plan set up by the corporation you worked for. A certain amount of money was withheld from each paycheck. The pension [...]

What Is A 401(K) Plan?

The 401(k) retirement plan is funded by employee contribution and a matching employer contribution. The major feature of the plan is that the contributions are taken from pre-taxed salary. The fund accumulates tax-free until it is withdrawn. Most businesses and tax-exempt organizations can create these retirement plans.
The 401(k) takes its name from the IRC (Internal [...]

Wells Fargo 401K Plans Robbed — Thousands $ Missing

According to a Minnesota TV station, a Wells Fargo 401(k) plan operations manager has been accused of robbing 401k plan accounts.
The 401k Operations Manager, who oversaw the 401k daily fund operations, allegedly disbursed money from dormant 401k accounts to fictitious names he created. He then had the checks sent to his own office and deposited [...]

Time to Combine Your 401k Plans

2006 is the twenty fifth year of the 401k investment plan. Have you had more than one job in the last 25 years? If so, then you probably have more than one 401k plan floating around.
401k plans are now over 25 years old. They seemed a unique idea at first, but now just about [...]

Thinks to Consider when Considering a 401(k)

When it comes to financial retirement plans, the sad truth is that far too few people actually have a plan. It is estimated that somewhere in the neighborhood of 30% of employees who are offered a 401(k) through their employers fail to sign up for them. There have been instances in the past when unscrupulous [...]

Life Insurance. Bargain Life Insurance When You Take Out A

Life Insurance. Bargain Life Insurance When You Take Out A Pension Policy
At last, a real life insurance bargain but as always there are strings attached!
If you take out a new pension policy after 6 th April 2006 and within the same premium pay for life insurance cover, then you can use your pension [...]