Congress Considers Axing Your 401(k) Tax Deduction
…deduction for 401(k) contributions. And one proposal would also change the tax-deferred nature of 401(k)s by imposing a 15% tax on your annual gains. Why would Congress consider tinkering with…
…deduction for 401(k) contributions. And one proposal would also change the tax-deferred nature of 401(k)s by imposing a 15% tax on your annual gains. Why would Congress consider tinkering with…
…Reasons Your 401(k) is a Scam In a recent blog post, I discussed 6 reasons 401(k)s are a scam. Think you’re getting “free money” in the form of a 401(k)…
…Experts Say the 401(k) is a 40-Year Experiment that’s Failed… In addition to creating a totally unpredictable future tax liability, experts say 401(k)s come with other wealth-killing pitfalls: The employer…
…401(k) is a Scam, eye-opening. Ignore the Warnings About the 401(k) at Your Own Peril Wall Street has been extremely successful at getting us to buy into 401(k)s, IRAs and…
…Even Worse for Younger Workers with 401(k)s Households headed by someone between ages 55 to 64 were the only group to experience an increase in their combined 401(k) and IRA…
…401(k)s, IRAs and Roth Plans It’s a fact: Conventional retirement plans—think 401(k)s, IRAs, 403(b)s, Keogh and Roth plans—have failed to deliver financial security and peace of mind to most of…
If you get regular account statements, you probably know the approximate current value of your 401(k) and/or IRAs, so please write that total down now. Do you think all that…
I was just interviewed on Beyond 50 Radio about the wealth-killing traps of 401(k)s and IRAs and how to avoid them. When you listen to the replay of this interview…
See Pamela Yellen on First Business (5 minutes), 2010 Bank On Yourself/Scary 401(k) Facts on First Business In this interview, First Business discusses scary 401(k) facts with Pamela Yellen, Financial…
Dr. Tim Pitchford makes a good living as a surgeon and has a good retirement plan and 401(k). But when his 401(k) took a hit in the financial meltdown, he…