Get Answers About Retirement Savings

Should my fieance and I get married sooner for Tax savings?

My fiance and I have been together 10 years and are in no rush to get married. She has worked very little tis year and has made less then $5000. I earn a large salary. Would there be any tax benifit of us getting...

Answered 5/29/2008 | Answer This | 2 Answers | See Question

Additional Income

I need to know if accept a payment from my after tax contributions out of my 401K, if it will cause me to pay taxes? The amount is $14,200 approx. how do I figure that out?

Answered 11/17/2008 | Answer This | 1 Answer | See Question

401K withdrawal

Can you withdraw funds from a 401K at any time due to a terminal illness?

Answered 10/13/2009 | Answer This | 2 Answers | See Question

401K reduction of wages

Question: In the past the 401K contribution reduced all taxable wages dollar for dollar except OASDI and FICA. Is this still the correct statement. Thank You Geoff Rabjohn

Answered 11/6/2009 | Answer This | 1 Answer | See Question

Taxes and Penalties on 401k early withdrawal for new home

If I withdraw my 401k to purchase a house would I still be subjected to the 10% penalty and taxes or just taxes?

Answered 12/12/2009 | Answer This | 1 Answer | See Question

INCOME TAX NOT WITHHELD

I received a retro active retirement direct deposit into my checking account for $1,610.00 but no taxes were withheld so what percent or how much I should I hold out for Income Tax purposes when filing next year?

Answered 12/18/2007 | Answer This | 1 Answer | See Question

401K contribution

Do employers have to match 3% when the employee contributes 3% or more of their yearly income to their 401k?

Answered 12/28/2007 | Answer This | 1 Answer | See Question

Retirement

I make 50,000 yr-current I will need 25% after retirement to use I have 15yrs to work average annual interest rate for the investment 12% I plan on living at least 25 yrs after retirement What are...

Answered 5/26/2009 | Answer This | 1 Answer | See Question

Military disability check and retirement

My husband retired from the military Jan 07. He receives a monthly retirement check and he also receives a disability check, Which we were told is tax free. Is this true? and do I need to include this amount on...

Answered 4/7/2009 | Answer This | 7 Answers | See Question

401k early withdrawal

I withdrew my 401k earlier this year and took the early penalty and had income taxes withheld. How do I file this on my income tax for this year?

Answered 10/12/2009 | Answer This | 2 Answers | See Question

401k

How many years do I have to report 401k withdaw

Answered 1/2/2008 | Answer This | 1 Answer | See Question

Retirement loan default

A couple years ago I took out a loan on my retirement to restructure my finances ... I have been paying back roughly $160.0o per week .. now I find myself in the same boat . accumlitated debt and now my wife is...

Answered 1/7/2008 | Answer This | 1 Answer | See Question

401K

My husband has a 401K plan at work but the employer doesn't match so it isn't growing very fast. I know you get taxed if you withdraw this. My question is would you just stop contributing to the 401K...

Answered 8/30/2008 | Answer This | 2 Answers | See Question

Retirement Plan

We write checks from our checking account for retirement. In other word we are buy GE stock with already taxed money. We ran into some hard time and cashed in some of our stocks. We surely don't have to...

Answered 12/8/2008 | Answer This | 1 Answer | See Question

My brother in law has been diagnosed with altzheimer's, dementia and delusions. He has been admitted to a nursing home. His...

She has a bank account in Mrs.--- and the savings account is the same. Their house is in both their names, but his truck has his name only on the title. He is not mentally capable of signing his name. How should...

Answered 4/17/2008 | Answer This | 2 Answers | See Question

When do I stop filing taxes

If I only get social security and retirement disibility do I still need to file even though no federal taxes are being taken out of my check

Answered 1/24/2008 | Answer This | 2 Answers | See Question

Savings bonds

I was given savings bonds for a gift when my grandma died.Do i have to claim them on my taxes if i cashed them in.

Answered 10/9/2009 | Answer This | 1 Answer | See Question

Turbo tax deluxe

Can I use turbo tax deluxe version if I have a 401K, or do I need to get the premier version?

Answered 1/27/2008 | Answer This | 1 Answer | See Question

Mutual funds

I invested my retirement pension in MetLife in the year 2000. In November, I withdrew the amount left in the account, but I rolled it over into a Deferred account that I already had so it would draw more interest....

Answered 12/6/2009 | Answer This | 1 Answer | See Question

401K total distribution

I cashed in my 401K in 2007. I did have federal & state taxes withheld from it. I have received a form 1099-R. Where or how do I file for this on my 1040? The form 1099-R looks just like a W-2. It shows the gross...

Answered 1/31/2009 | Answer This | 1 Answer | See Question

Does the negative savings rate include retirement savings (401k, etc.) as savings or spending. source answer.

Answered 2/1/2007 | View Answer | 3 Answers | See Question

Is the 401k) retirement savings plan a good or bad way to go?

Answered 6/4/2007 | View Answer | 4 Answers | See Question

Should the answer to question 87 on the fafsa form include ira or 401k retirement savings?

Answered 2/11/2007 | View Answer | 1 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 | 4 Answers | See Question

How much do you have in your 401k or retirement savings so far?

Answered 2/14/2007 | View Answer | 5 Answers | See Question

Do you think $31,000 is a typical amount to have in savings (not including 401k/retirement) for a 30-yr-old?

I am a single, newly 30-yr-old female. I have $31k in savings, which I starting putting away last March. The previous 9 months earlier, I busted my butt to pay off $30k in credit card debt. Once I was debt-free...

Answered 2/24/2008 | View Answer | 8 Answers | See Question

Retirement savings?

I am 45, wife 38, she does not work. My job does not have 401K, but I contribute to Roth IRA and maximising it. The company has a Pension Plan where the company contributes. Is there any other Retirement plans...

Answered 1/23/2008 | View Answer | 4 Answers | See Question

How do you collect your retirement savings plan?

After leaving employment, how do you collect your retirement savings plan or 401K? how long does it take to collect it?

Answered 2/6/2008 | View Answer | 4 Answers | See Question

Retirement? 401k? roth ira? traditional ira?

help...what does it all mean? I'm in my early twenties and would like to start some kind of retirement savings BUT I don't work for an actual COMPANY so what are my savings options, indepedently? any help...

Answered 12/27/2006 | View Answer | 7 Answers | See Question

Horizons retirement plan.what's the difference between horizons 457 and 401k savings?

Answered 11/27/2007 | View Answer | 1 Answer | See Question