0
What else can I help you with?
When an employee donates to a 401k fund and the company matched who controls that money and who gets the interest off of it?
what age do you have to be to get money from your 403b or 401k
What kind of savings account is 401k?
A 401k is a retirement savings account which has very strict rules and regulations concerning deposits and withdrawals.
Can you use your 401k to purchase land?
Yes, you can use your 401k to purchase land, but you would need to set up a self-directed 401k account and follow specific rules and regulations set by the IRS.
Will the government borrow from your 401k?
No. They can tax it if you withdraw from it, but borrow no.
What is a 401k plan and how does it work?
A 401k plan is some sort of savings program and it involves forms. You must fill out these forms in order to apply for a 401k plan. It is a government program.
What are the tax regulations for lump sum withdrawels for a 70 year old person?
what are the rulls and regulations for 401k withdrawels for a 71 year old person?
Can a bank hold a 401k check?
The fact that it is a 401k check is irrelevant in determining a hold. It depends on your account history, the bank the check is drawn upon (same bank as yours or another bank; local bank or non-local bank), and whether the bank feels it would have other reasons to hold the check as permitted by government regulations.
Where can I find more information regarding 401k regulations?
Since the 401 K fund is supervised by the financial branch of the government, the best place to find information would be off of the IRS website. They have a section devoted to 401 K's.
What are the responsibilities of 401k managers in overseeing retirement investment accounts?
401k managers are responsible for selecting and managing investment options within a 401k plan, monitoring the performance of these investments, providing education and guidance to plan participants, and ensuring compliance with regulations to help individuals save for retirement.
Can I use my 401k to buy land?
Yes, you can use your 401k to buy land, but there are specific rules and regulations that must be followed. It is recommended to consult with a financial advisor or tax professional before making any decisions.
What should we know about converting a 401k to a Roth IRA?
You should know when converting to a 401k you should always have a financial stability. This is a task that can be hard for most people but it can also be an easy task. Contact your local bank agency for more information.gov
What are the rules and regulations for withdrawing from a 401k after reaching the age of 59 1/2?
After reaching the age of 59 1/2, you can withdraw from your 401k without penalty. However, you may still need to pay income tax on the amount withdrawn.
