Search results for: 401(k)

…up to your employer and the plan custodian to approve your request for a 401(k) hardship withdrawal. 401(k) Loans Must Be Repaid, but 401(k) Withdrawals Can Not Be Repaid Note…

…conventional financial wisdom, I’m used to that, so here goes… 401(k)s are a scam. Want proof? Here Are Six Reasons Why 401(k)s Are a Scam… Reason #1: The 401(k) Tax-Deferral…

…your life insurance policy with a policy loan. Which is better: 401(k) loans or life insurance loans? You’ll find conflicting advice. Some experts say 401(k) loans should be your first…

…deal with all this? Are there good alternatives to 401(k)s?” Let’s take a look at the drawbacks to 401(k)s and good alternatives to them. The 401(k) drawbacks include: Unpredictable market…

Why should you be extremely wary if you’re considering getting cash by tapping your 401(k) plan? Typically, 401(k) loans mire you in red tape, with “gotcha” fine print and some…

…all the 401(k) traps and pitfalls 401(k) plans are full of “gotchas!” as I explain in my blog post, Six Reasons Your 401(k) is a Scam. Bank On Yourself plans…

…over the long haul”. Frightening 401(k) Fact #3: Most 401(k) participants vastly underestimate the impact of plan fees. They “can eat up half the income in some 401(k) plans over…

…these four kinds of 401K withdrawals: 1. 401K Hardship Withdrawal Rules More on 401(K)s Why the “Father” of the 401(k) Now Favors Bank On Yourself Instead Why 401(k) Proponents Now…

…it assumes the employee never contributes another dime to a 401(k) and also assumes the initial 401(k) does not suffer a significant loss of principal, such as the pruning that…

…Happened That the “Father of the 401(k)” Never Foresaw Ted Benna, Widely Credited as the “Father of the 401(k)” Ted Benna is widely credited with finding a way to capitalize…