Tag Archives: 401k contribution limits

401K Hardship Withdrawal Rules To Remember

401k Hardship Withdrawal

A 401k hardship withdrawal may seem like a solution when money is tight and you need financial assistance, but there are some rules in place that you should remember before deciding to take this money out of the account. For

Compare Roth IRA vs. 401k Plans

Compare Roth IRA

Everyone who is interested in establishing savings for retirements always tries to compare Roth IRA accounts to 401K plans to figure out which types of investments will bring optimal retirement cash flow in the future. Both Roth Ira’s and 401K’s

401k Catch Up Contribution – How to Use This Program?

401k Catch Up Contribution

If you feel like you’ve been putting off retirement savings for quite sometime and are inevitably approaching your retirement age, we have good news for you. IRS established a 401K catch up contribution program allowing individuals who have reached 50

Retirement Savings Calculator – How to Save a Million?

Retirement Savings Calculator

Planning for retirement is made easier than before by utilizing a simple retirement savings calculator that does not involve any complicated spreadsheets of confusing financial data. All you need to do is answer a series of simple questions and have

401k Contribution Limits – How Are They Determined?

401k Contribution Limits

401K contribution limits are determined based on several factors, namely, IRS established maximum 401K contribution per year, your employer and policy within a specific 401K plan. For the year of 2010, IRS allowed a maximum of 401K contribution limits to

Maximum 401k Contribution Per Year – Tips For Saving!

Maximum 401k Contribution Per Year

Maximum 401 contribution per year is a variable amount that is determined annually by the Internal Revenue Service but can additionally be limited by a 401K sponsor (employer) and/or specific retirement plan policies. In 2010, IRS established a maximum of