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Tim paid $250 per month into his 401K retirement plan. After 30 years, he had accumulated $500,000. What average annual rate of interest had he earned over the 30 years? Answer: 9.42% Here is the answer...

Answered 1/27/2012 | Answer This | 1 Answer | See Question

Need assistance not sure how to do these problems

I need help and it has to bve in excel formula and reason for the answer You deposit $5,000 in an account that pays 8% interest per annum. How long will it take to double your money? The Johnsons...

Asked 1/23/2012 | Answer This | 0 Answers | See Question

Need assistance with getting the excel formula to questions

I need the formula and the reason why I came up with the answer. Tim paid $250 per month into his 401K retirement plan. After 30 years, he had accumulated $500,000. What average annual rate of interest had...

Asked 1/23/2012 | Answer This | 0 Answers | See Question

My husband worked at Coca Cola from 1999 to 2001 and we want to find out if he has any money in his 401k, but he doesnt have ...

My husband worked at Coca Cola from 1999 to 2001 and we are trying to find out what 401K plan/company they have so he can withdraw the money. The problem is he didnt save any paperwork from this retirement plan...

Answered 12/8/2011 | Answer This | 1 Answer | See Question

How to Prepare a Retirement Plan

More than 60 percent are planning to rely primarily on Social Security for their retirement income needs. The truth is that it is never too early to begin building a nest egg by learning how to prepare a retirement...

Answered 11/7/2011 | Answer This | 1 Answer | See Question

What is the retirement plan for the nfl?

Asked 10/2/2011 | Answer This | 0 Answers | See Question

How can I plan my retirement?

I want to retire in the next 20 years and I have not started a retirement plan yet.

Answered 8/8/2011 | Answer This | 4 Answers | See Question

Can I invest money into an Individual 401k at my LLC, and save in excess of the revenues of that LLC?

I have a FT job where I am not offered an employer sponsored retirement plan. I also do some consulting on the side and have an LLC set up for that. Can I establish an individual 401k at my LLC, "invest"...

Answered 7/8/2011 | Answer This | 1 Answer | See Question

K-1 income and Schedule C income retirement contributions?

I have K-1 income of 500,000 from llc. I also have Schedule c income of $500,000 from sole prop. Can I contribute to my retirement plan $46,000 from schedule c and $46,000 from K-1 income, or am I limited to $46,000...

Answered 6/20/2011 | Answer This | 1 Answer | See Question

Can my employer force me into a 401k plan using my health and welfare benefits

Hello Im a contracted armed guard for the federal goverment and im in a union i didn't ask for because i was satified with the international i had before , however my new company wants to take my health and...

Answered 6/8/2011 | Answer This | 5 Answers | See Question

What is good retirement plan,401k or mutual fund? i have no plan and am 45 yrs old.?

I work full time, make $13 an hour, have no kids and am single. I have no retirement savings at all started and need to start with some kind of plan.

Answered 3/7/2007 | View Answer | See Question

I did not contribute to company retirement plan or 401k. can i contribute to ira?

I joined new employer in Sep,2005. I was eligible to join 401K from Nov2005. I did not contribute to 401k plan. Box 13 in my W2 (retirement plan) is checked. I am trying to claim my $4,000 IRA contribution. Turbo...

Answered 3/25/2006 | View Answer | See Question

How do i calculate earned interest for each month for a 401k retirement plan?

This is for a project for my Economics class, and I've used as many resources as I can to find this... and I'm stuck. The hypothetical situation below explains what I'm supposed to do: After initially...

Answered 4/7/2007 | View Answer | See Question

Which is a better retirement plan 401k or lottery?

The only problem with lotteries is all the psychics keep winning the jackpots.

Answered 6/14/2006 | View Answer | See Question

Once somebody retires, how do they start getting monthly income from their retirement plan?(401k, ira, etc.)?

Who do they consult, when will they start getting the money, is it all a lump sum or monthly installments? Answers of that nature

Answered 10/13/2007 | View Answer | See Question

401k? 401b? retirement plan?

I am 35 years old. I have no money saved for retirement. I work for a hospital and they do not match with their retirement plan. What do I need to do in order to prepare myself for retirement? I have no clue...

Answered 11/2/2007 | View Answer | See Question

Am i able to qualify for a deductible ira if the only retirement plan my company offers is a 401k?

My question concerns only a fully deductible IRA, and the confusion over the IRS wording "to quality....you must not be eligible to participate in a company retirement plan". My company does not offer...

Answered 2/6/2007 | View Answer | See Question

I am trying to find information on my 401k retirement plan?

i want to know how much i will receive after i have stopped my 401k

Answered 11/3/2006 | View Answer | See Question

Why is my company renaming my 401k plan to a retirement savings plan?

After a recent merger, my company is renaming my 401k plan to a Retirement Savings Plan. It seems a little odd. What kinds of legal issues, protections, ect. do I need to consider?

Answered 10/24/2007 | View Answer | See Question