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Converting Your 401(K) To An IRA: Pros And Cons
- January 20, 2017
- Posted by: Orkan Ozkan
- Category: 401K
No CommentsDo you have a 401(k) through your employer? If so, it may be time to consider a direct rollover to an IRA. In the world of retirement account rollovers and conversions, the 401(k) to IRA transition is a popular and potentially lucrative move that should be considered by anyone with investable assets sitting in their
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Is It Time To Convert Your 401(K) To An IRA?
- January 18, 2017
- Posted by: Orkan Ozkan
- Category: 401K
Your 401(k) may be eligible for a makeover – and now might be the perfect time to convert it into an Individual Retirement Account (IRA). The 401(k) is a popular investment option today because it requires very little involvement on the part of the account holder. Many individuals have a 401(k) through their employer –
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Top 10 Mistakes People Make When Handling a 401(k) and Choosing a Retirement Plan
- September 2, 2016
- Posted by: Orkan Ozkan
- Category: 401K
As you entertain the notion of saving for retirement, one of the options that possibly comes to mind is a 401(k) plan. Granted, a 401(k) plan comes with attractive benefits such as tax-deferred earnings, a variety of investment options, and convenience. However, before you hastily choose a retirement plan, desperate to begin saving early for
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How To Save for Retirement Without a 401(k)
- August 29, 2016
- Posted by: Orkan Ozkan
- Category: 401K
The 401(k) retirement plan used to be a fairly standard benefit offered to employees at mid- to large-sized companies throughout the 1980s,’90s, and early 2000s. The plans served not only as a savings vehicle for retirement but also—thanks to matching employer contributions—as a means of attracting new talent and as an incentive for existing employees
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SEP IRA vs. 401(k)
- May 7, 2014
- Posted by: Orkan Ozkan
- Category: 401K
Out of the available types of retirement accounts, two get asked about frequently by customers: SEP (Simplified Employee Pension) IRAs and 401(k)s. A SEP IRA is considered an alternative to the 401(k) plan. Below we outline the differences between the two and how to convert/roll over each into a gold retirement account. What is a
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Women Participating in 401(k) Plans Less Than Men
- April 16, 2014
- Posted by: Orkan Ozkan
- Category: 401K
In a study of over 2,000 companies, Wells Fargo recently announced that 49% of men and 43% of women enroll in their employer-sponsored retirement plan. Compare this to Wells Fargo’s “recommended contribution index” measuring how many people are saving a minimum of 10% for their 401(k), in which 43% of men and 39% of women hit
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5 Tips to Ensure a Smooth 401(k) Rollover Process
- January 9, 2014
- Posted by: Orkan Ozkan
- Category: 401K
When you leave a job, you have options for the funds in your 401(k): leave the money in your 401(k) plan, roll it over to a new 401(k) with your current employer, cash out of your 401(k) and have the funds sent directly to you, or roll over the funds to an IRA. Gold 401(k) rollovers
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What Are Your 401(k) Options When Leaving a Job?
- March 1, 2013
- Posted by: Orkan Ozkan
- Category: 401K
Leaving a job is often a stressful situation in its own right, but even more stressful when you’ve got a substantial amount of money invested in in your 401(k) and need to make a decision on what to do with it. The good news is that you have several options to choose from depending on
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