401k contributions

Related Questions & Answers

Results 1-10 from 58 articles
20

Loan from 401K or Reduce Contributions?

J.G. asks from Chicago

We need a bigger house, and we'd like to take advantage of this market. We have no equity due to the market where we live, and we have about 100k into this house we w...

4

401K

K.R. asks from Houston

Does anyone know if an employer has the right to keep an employee from taking their money out of a 401K plan? Apparently, these employees are losing alot of money. ...

20

What Exactly Is a 401K?

D.F. asks from New York

My husbands job is pushing him in to signing up towards the 401k plan. What exactly is it? Is it worth signing up for?

23

401K Loan

K.H. asks from Indianapolis

We have some pretty sizeable credit card debt. Nothing we can't manage month to month (and usually pay more than the minimums). However, it is really taking FOREVER...

26

401K's and Penalties for Taking Some Funds Out

K.C. asks from Las Vegas

Hello Mom's Could any of you tell me about penalties on taking money out from your 401K's before retirement. I had some friends take it out for buying a house, but...

6

401K - Company Match (Um, Hasn't Matched Lol)

J.C. asks from St. Louis

So, I find out today after working for this company for 5 years that our 401k match is contingent on cash flow! Has anyone else ever had this? It doesn't say it in ...

4

Dave Ramsey's Way

J.Y. asks from Chicago

I have been reading Dave Ramsey's book, Total Money Management, and have a couple of questions. 1) One of Dave's recommendations is to get rid of all credit cards. ...

15

What Are You Moms ( Stay at Home Especially) Doing for a Savings Plan?

S.S. asks from Seattle

Hi moms, I wanted to look into savings plan for the future and I am a stay at home mom. I know of 401k plans , when I use to work. What are some options now for sav...

14

Wants to Be a Sahm (Stay at Home Mom)

J.L. asks from Chicago

A question for all my moms who stopped working to stay at home. I'm thinking of staying home to be bring more structure and mommy time for my 2 kids. I'm looking i...

7

IYO What Are the Jobs/careers That Has the Best Retirement Benefits?

N.N. asks from Detroit

Jo W post (I don't want to go to work) has me thinking about investing and retirement. What are you doing or what did your parents do in order to make sure that they ...

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Answer Highlights

  • early withdrawal penalty in 2 answers "... money is available for WD, you will have to pay a 10% early withdrawal penalty ..."
  • stop using credit cards in 2 answers "Get your financial life in order. Stop using credit cards."
  • 10 percent penalty in 3 answers "When you withdraw the money, you will need to pay a 10% penalty."
  • half of your credit card in 2 answers "... is that if your 401(k) available loan amount is only half of your credit card ..."
  • pay down your debt in 3 answers "... tapping your retirement funds if you have other ways to pay down your debt."