Planning Your Financial Future December 2010
Thanksgiving is over, and I ate too much (bet that was a surprise for those of you that know me!). Here are some topics for you to think about as we approach the end of 2010 and prepare for 2011. And don’t forget to patronize your local small businesses this year for your shopping needs!
Financial Tips for Twenty-Somethings
You’re on your own now. You’ve finished school, are working your first real job, and maybe you’re even buying a home or getting married. Here are a few tips to help you start managing your finances.
Cash-In Refinancing: Can You Benefit from This Growing Trend?
Mortgage interest rates are at or near historic lows, but stricter lending standards and declining home values have made it harder to refinance. Enter cash-in refinancing.
First Milestones Mark Need for Financial Advice
A financial professional can prove to be a valuable resource to those just starting out. And, while there’s never a bad time to seek professional advice, early life-changing events make it especially important to take stock of your financial situation.
Can I roll over my traditional 401(k) plan distribution to a Roth IRA?
You can roll most traditional 401(k) plan distributions to a Roth IRA. These are treated as taxable conversions.
Can I roll over my Roth 401(k) plan distribution to a Roth IRA?
You can roll your Roth 401(k) plan distribution over to a Roth IRA. Your rollover will be tax free regardless of whether your distribution from the Roth 401(k) plan is qualified or nonqualified.
IRS regulations require that I advise you that, unless otherwise specifically noted, any federal tax advice in this communication (including any attachments, enclosures, or other accompanying materials) was not intended or written to be used, and it cannot be used, by any taxpayer for the purposes of avoiding penalties; furthermore, this communication was not intended or written to support the promotion or marketing of any of the transactions or matters it addresses.