401k

Do 401(k) Deductions Reduce FICA Wages?
Do 401(k) Deductions Reduce FICA Wages?

FICA taxes are payroll taxes that include Social Security tax and Medicare tax. Like income tax, FICA tax is deducted from your gross pay. If you make 401(k) contributions, those will come from your gross pay before income taxes are deducted, but FICA taxes will be deducted ...

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Should I Leave My 401(k) in Stock Since I Have So Many Shares?
Should I Leave My 401(k) in Stock Since I Have So Many Shares?

The number of shares you have in your 401(k) isn't in and of itself a reason to hold onto your stock. If you have a lot of stock and it fits your investment goals, holding onto it could be the best ...Read More

How Does Your Company's 401(k) Plan Stack Up?
How Does Your Company's 401(k) Plan Stack Up?

Whether you're curious about the returns from your current employer's plan or you're weighing a job offer from another company, reviewing your 401(k) plan is always wise. After all, small differences ...Read More

Buying and Selling Rules of Stock in 401(k)s
Buying and Selling Rules of Stock in 401(k)s

Depending on the specific 401(k) plan that your company offers, you may be able to invest in a variety of different properties, including mutual funds and individual stocks. Some companies offer ...Read More

The Best Ways to Buy Gold in a 401(k)
The Best Ways to Buy Gold in a 401(k)

Most 401(k) accounts offer a limited number of investment choices. Usually, you aren't going to be able to call your 401(k) administrator and request a block of American Gold Eagles. However, if your ...Read More

Should I Open a Whole Life Insurance Policy or a 401(k) First?
Should I Open a Whole Life Insurance Policy or a 401(k) First?

Life insurance and retirement planning are both integral parts of a sound financial plan. It's not a matter of whether you should have both, but what kind of life insurance and retirement plan you ...Read More

How Do I Close Out a 401K Account?
How Do I Close Out a 401K Account?

If you move to a new employer, you can often roll over your 401(k) to that employer's account. You can also roll a 401(k) into an IRA. If you simply take the money without putting it in a retirement ...Read More

How to Use a 401(k) to Buy Private Stocks
How to Use a 401(k) to Buy Private Stocks

You can't always directly buy stocks with a 401(k), depending on how the account is set up. When you leave a job with a 401(k), you will be able to roll the 401(k) over to an IRA at a brokerage of ...Read More

Should I Combine My 401(k)s?
Should I Combine My 401(k)s?

Many people have one or more "old" 401(k)s from jobs they've left. Often these accounts linger, creating paperwork and confusion for their owners. But 401(k) plan owners have several options if they ...Read More

How to Roll Over a 401(k) While Still Working
How to Roll Over a 401(k) While Still Working

Generally, 401(k) rollovers are for those who change jobs. You can make an in-service rollover if you still work for an employer under certain conditions. However, you can never make an in-service ...Read More

How to Dissolve an Old 401(k)
How to Dissolve an Old 401(k)

With employees changing jobs more often, and typically not staying with one employer from the time they begin working until retirement, workers often end up with multiple 401(k) accounts from their ...Read More

How Does a 401(k) Plan Work?
How Does a 401(k) Plan Work?

A 401(k) is a tax-deferred savings plan for employees. It is named after the section of the Internal Revenue Code that created it. Employers offer 401(k) plans to recruit, retain and reward workers. ...Read More

How to Invest in Your 50s
How to Invest in Your 50s

If you’re a smart investor, you’re adjusting your investment strategy for each decade of your life. As your earning power changes, and as you get closer to retirement, you should take those factors ...Read More

How to Use a 401A or 403 Retirement Account to Start a New Business
How to Use a 401A or 403 Retirement Account to Start a New Business

Even employees who work for government employers, public schools and tax-exempt organizations might succumb to the entrepreneurial drive. When people leave the security of a steady paycheck to start ...Read More

How Is 401(k) Personal Rate of Return Calculated?
How Is 401(k) Personal Rate of Return Calculated?

In order to determine your 401(k) rate of return, first start with your original balance and subtract it from your current value. Divide your total gain by your original balance for your total ...Read More