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Fix Your 401K

Fix Your 401K
Author: Phil McAvoy
Publisher: Phil McAvoy
Total Pages: 0
Release: 2023-05-04
Genre: Business & Economics
ISBN:

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You should be worried about your 401k. If it continues to underperform, you will have a seriously underwhelming retirement - worried about daily bills and paying for your healthcare. You might even have to go back to work. You can rescue your retirement and you need to do it now. Time is not on your side. People just don't know how to invest their retirement savings. People are confused and anxious and frustrated and, as a result, they are losing out on millions of dollars in their retirement accounts. The financial services industry has simply not created the kinds of products and services that allow people to make very good rates of return on their money and keep their money relatively safe at the same time. Because their products and services are so bad, the financial services industry has developed all sorts of fancy terms for their strategies to make it sound like they know what they are doing. To someone without any training (most of us), it is difficult to see through the rubbish that they are peddling. I am about to show you that there is a much better and safer way to build wealth in the stock market. You can invest with confidence. You can avoid the stress and fear associated with investing in the stock market. You can sleep well knowing that your retirement savings are protected against the financial and emotional damage of bear market collapses. You can spend less time focused on the stock market and the financial news and more time living your life. You can feel great about your amazing 401(k) plan. To achieve the kind of wealth we're talking about, 401(k) investors like you need to do two things differently. First, you need to make better investment choices. Making better investment choices will almost double the investment returns for most 401(k) investors. We'll show exactly what to invest in. Second, investors need a strategic and systemic approach in order to avoid the financial and emotional pain of bear-market collapses like the one we're experiencing in 2022. My Beyond Buy & Hold method is designed to do just that. Not only can you add another three or four percentage points to your annual returns with a system that avoids bear markets, but you can invest without fear. If you want to secure a comfortable retirement, you need to FIX YOUR 401K.


Fixing the 401(k)

Fixing the 401(k)
Author: Joshua P. Itzoe
Publisher: Hillcrest Publishing Group
Total Pages: 174
Release: 2008
Genre: Business & Economics
ISBN: 1934937177

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Are you a retirement plan fiduciary but unsure of what's required of you? Does it scare you to be held personally liable for bad decisions? Do you have a sneaking suspicion that your plan is paying too much in fees but you're not sure how to find out? Are you worried that your employees won't be able to retire? If the answer to any of these questions is "Yes," this book is for you. "Josh Itzoe has a remarkable capacity for seeing through the maze of regulations surrounding qualified plans to the handful of core ideals by which successful plans must operate. This is a great, understandable guide for plan sponsors." -Pete Swisher, CFP, CPC, Vice President and Senior Institutional Consultant, Unified Trust Company, N.A. and author of "401 (k) Fiduciary Governance: An Advisor's Guide" "Fixing the 401(k) is a bold and excellent work. Josh Itzoe reminds us that excellence is desperately needed within our private retirement system. By following the solid principles shared in this book, Itzoe reveals how any employer, large or small, can build and operate an excellent 401(k). The 401(k) is the mechanism that over fifty million people will rely upon to help their retirement dreams become a reality. This book is the starting point for employers who want to understand how to make their 401(k) truly excellent and help secure the common good of society." -Matthew D. Hutcheson, Congressional Expert and Independent Pension Fiduciary


The Charles Schwab Guide to Finances After Fifty

The Charles Schwab Guide to Finances After Fifty
Author: Carrie Schwab-Pomerantz
Publisher: Crown Currency
Total Pages: 434
Release: 2014-04-01
Genre: Business & Economics
ISBN: 0804137374

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Here at last are the hard-to-find answers to the dizzying array of financial questions plaguing those who are age fifty and older. The financial world is more complex than ever, and people are struggling to make sense of it all. If you’re like most people moving into the phase of life where protecting—as well as growing-- assets is paramount, you’re faced with a number of financial puzzles. Maybe you’re struggling to get your kids through college without drawing down your life’s savings. Perhaps you sense your nest egg is at risk and want to move into safer investments. Maybe you’re contemplating downsizing to a smaller home, but aren’t sure of the financial implications. Possibly, medical expenses have become a bigger drain than you expected and you need help assessing options. Perhaps you’ll shortly be eligible for social security but want to optimize when and how to take it. Whatever your specific financial issue, one thing is certain—your range of choices is vast. As the financial world becomes increasingly complex, what you need is deeply researched advice from professionals whose credentials are impeccable and who prize clarity and straightforwardness over financial mumbo-jumbo. Carrie Schwab-Pomerantz and the Schwab team have been helping clients tackle their toughest money issues for decades. Through Carrie’s popular “Ask Carrie” columns, her leadership of the Charles Schwab Foundation, and her work across party lines through two White House administrations and with the President’s Advisory Council on Financial Capability, she has become one of America’s most trusted sources for financial advice. Here, Carrie will not only answer all the questions that keep you up at night, she’ll provide answers to many questions you haven’t considered but should.


Rescued!

Rescued!
Author: Andrew Dickens
Publisher:
Total Pages: 238
Release: 2015-07-01
Genre:
ISBN: 9780990790648

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Rescued! 401k Plan Traps Business Owners Must Avoid and Fix is a comprehensive guide for anyone designing or managing or sponsoring 401k plans. Dickens is an authority on 401k plans with years of experience covers topics ranging from plan designs to risk management to successful solutions. Rescued! is a valuable resource for 401k plan sponsors.


401(k)s For Dummies

401(k)s For Dummies
Author: Ted Benna
Publisher: John Wiley & Sons
Total Pages: 291
Release: 2011-05-04
Genre: Business & Economics
ISBN: 1118069803

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Get the most out of your 401(k) in any economy Filled with sample 401(k) portfolios for every stage of life Invest your 401(k) money wisely and make the most of your retirement Want to know what kind of investment mix you need to make your retirement money grow? Don't know what to do with a 401(k) account from your last job? Worried that your company's 401(k) plan doesn't cut it? Relax! This simple, plain-English guide shows you how to manage your accounts, minimize your risks, and maximize your returns. The Dummies Way * Explanations in plain English * "Get in, get out" information * Icons and other navigational aids * Tear-out cheat sheet * Top ten lists * A dash of humor and fun


401(k)s & IRAs For Dummies

401(k)s & IRAs For Dummies
Author: Ted Benna
Publisher: John Wiley & Sons
Total Pages: 354
Release: 2021-09-27
Genre: Business & Economics
ISBN: 1119817269

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From the basics down to investing, get the most out of your 401(k) and IRA in any economic environment When you’re ready to start setting aside (or withdrawing) money for your retirement—whenever that might be—401(k)s & IRAs For Dummies is here for you! It covers both types of retirement plans because they each have valuable tax benefits, and you may be able to contribute to both at the same time. With the practical advice in this book, you learn how to manage your accounts, minimize your investment risk, and maximize your returns. Sounds like a win-win, no matter your situation or where you’re at in life. Written by a well-known expert and ‘father of the 401 (k)’ , Ted Benna, 401(k)s & IRAs For Dummies helps you keep up with the ever-changing rules surrounding both retirement plans—including the rules from the SECURE and CARES Acts—and avoid the mistakes that can lead to higher taxes and penalties. Additional topics include: Tax strategies before and after retirement Required distributions and how much you need to take Penalties for taking money out early and how to avoid them What happens to your or your spouse’s retirement plan after death or divorce The rules for taking money out of an inherited plan Methods for calculating required minimum distributions Special tax benefits for conversions to Roth IRAs How to recharacterize IRA or Roth contributions Why IRA based plans are a better options for many small employers Helping solo entrepreneurs and other small businesses pick the right type of plan Whether you’re just starting to think about a retirement plan, planning when to retire, or you’re facing retirement, you’ll find useful and practical guidance in 401(k)s & IRAs For Dummies. Get your copy today!


Save More Tomorrow

Save More Tomorrow
Author: Shlomo Benartzi
Publisher: Penguin
Total Pages: 288
Release: 2012-04-12
Genre: Business & Economics
ISBN: 110158033X

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One of the world’s top experts in behavioral finance offers innovative strategies for improving 401(k) plans. Half of Americans do not have access to a retirement saving plan at their workplace. Of those who do about a third fail to join. And those who do join tend to save too little and often make unwise investment decisions. In short, the 401(k) world is in crisis, and workers need help. Save More Tomorrow provides that help by focusing on the behavioral challenges that led to this crisis inertia, limited self-control, loss aversion, and myopia—and transforms them into behavioral solutions. These solutions, or tools, are based on cutting edge behavioral finance research and they can dramatically improve outcomes by, for example, helping employees: -Save, even if they aren’t ready to do so now, by using future enrollment. -Save more by showing them images of their future selves. -Save smarter by reshuffling the order of funds on the investment menu. Save More Tomorrow is the first comprehensive application of behavioral finance to improve retirement outcomes. It also makes it easy for plan sponsors and their advisers to apply these behavioral tools using its innovative Behavioral Audit process.


Retirement Planning For Dummies

Retirement Planning For Dummies
Author: Matthew Krantz
Publisher: John Wiley & Sons
Total Pages: 352
Release: 2020-01-07
Genre: Business & Economics
ISBN: 1119627583

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Advice and guidance on planning for retirement Retirement Planning For Dummies is a one-stop resource to get up to speed on the critical steps needed to ensure you spend your golden years living in the lap of luxury—or at least in the comfort of your own home. When attempting to plan for retirement, web searching alone can cause you more headaches than answers, leaving many to feel overwhelmed and defeated. This book takes the guesswork out of the subject and guides readers while they plan the largest financial obligation of their life. Take stock of your finances Proactively plan for your financial future Seek the help of professionals or go it alone Use online tools to make retirement planning easier Whether you're just starting out with a 401(k) or you’re a seasoned vet with retirement in your near future, this book helps younger and older generations alike how to plan their retirement.


IRAs, 401(k)s & Other Retirement Plans

IRAs, 401(k)s & Other Retirement Plans
Author: John C. Suttle
Publisher:
Total Pages:
Release: 2006
Genre: 401(k) plans
ISBN: 9781413305371

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IRAs, 401(k)s & Other Retirement Plans helps you make sense of the rules that govern distributions from retirement plans, and avoid the stiff penalties that lurk in the fine print. It covers the different types of retirement plans -- including 401(k)s and other profit-sharing plans, Keoghs, IRAs and tax-deferred annuities -- and the taxes and penalties that can deplete your nest egg.