A 401(k) account is a tax-deferred retirement savings account setup by many employers for their employees in the United States. Employees can elect to contribute part of their earnings - either pre-tax or after-tax - to their 401k account and the employer will often make a matching contribution for ...

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401k contributions explanation

I have a basic question on 401k investment. Below is what my company is matching: XYZCompany will match your contributions, up to 4% of your eligible compensation, to a maximum of $10,600. Now ...
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179 views

Advantage of Traditional 401k over Roth

I am trying to understand the differences and benefits of putting money in Traditional 401k over Roth 401k. If I have to still pay tax while withdrawing money from my Traditional (pre tax) 401K after ...
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1answer
60 views

Ray Dalio - All Weather Portfolio

I am in a difficult situation right now where I need some expert advice. I recently finished reading Tony Robbin's Money Master the Game book and he talks about Ray Dalio All Weather Portfolio ...
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37 views

401K or Indian CD

I am debating on contributing to 401k(which is being invested fully) va putting a sum (say $10k) in Indian CD. I am assuming investment in stocks would return about 6-8% where as Indian CD would ...
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2answers
130 views

Does a 401(k) contribution harm your Debt-to-Income ratio for a mortgage application?

If I contribute to a 401(k) at work, and thus have a lower W-2 income box 1 (Wages, tips, other compensation), will this hurt my debt-to-income (DTI) ratio on a mortgage application? I wouldn't think ...
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46 views

Contribute Federal and State withholdings to company 401k instead?

So I am attempting to devise a way to max my company retirement account. They offer 3% of my annual pay if I put in at least 6% of my annual pay. The problem is that I don't want to take a giant ...
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1answer
39 views

Multi-year delayed 401k payout check cash, which was originally a rollover into a new plan

Here's the chain of events, not all of which I was aware of before this week: In 2010, I started working for a company and diverting money into a 401k In 2012, the company was purchased, and I ...
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2answers
95 views

Maximize my 401K and IRA, or save more for home downpayment?

I graduated a year and a half ago, and for the past year I have been maximizing my 401K and Roth IRA contributions. I further save for a house downpayment. Due to a recent surge in house prices, I ...
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150 views

Do overall 401(k) contribution limits sum across employers?

Assume I have a day job that has a 401(k) with no matching and I am also self-employed. I'm considering structuring my side business as an S corp and setting up a solo 401(k) in addition to the 401(k) ...
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3answers
54 views

Should I contribute to my 401k with a high expense ratio and no matching?

This is similar to this question (I can't comment yet so that's why I'm making this new question. The OP didn't mention anything about not having matching etc..): Still invest in 401K with a high ...
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73 views

Are 401K loan repayments considered tax deductible?

I took out a 401k loan 1.5 years back for a home down payment. The loan had a 36 month term, and I was making payments thro' payroll deductions from my employer. I recently quit that job, and I am ...
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1answer
136 views

Would you liquidate your 401k to pay off debt in this situation?

I have a potentially complex situation that I am looking to resolve in the least painful way possible. I am going through a divorce. My income is nearly twice as much as my ex's, and I am going to ...
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1answer
37 views

Optimal balence of 401K and charitable savings

I'm trying to figure out the optimal manner to donate the most money to charity. I currently donate all excess income to charity, minus the money I keep for emergencies. Donating to charity is ...
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1answer
80 views

Why can't 401(k) statements be delivered electronically?

I called Schwab and they just said, "401(k) accounts are not eligible for paperless confirmations and statements. It's the law. Sorry." I can't find any reference to this law in the Google. The ...
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1answer
40 views

Self-Employed Individual 401k Contribution Tax Questions

If as an unincorporated self-employed person, one contributed x dollars to my individual 401(k) personally y dollars to my individual 401(k) as my own employer How are these two numbers reflected ...
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1answer
46 views

Still invest in 401K with a high expense ratio?

I know that a low expense ratio is preferred. But what if the expense ratio is above the threshold limit (e.g 1.20%+), do you still invest in a 401K or not bother at all?
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41 views

Including 401(k) contributions on Canadian tax return

I am a Canadian resident who made US income, and contributed to a 401k. I know I must include my 401k contributions on my foreign income, but what about my employer's contributions? Also, what are ...
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74 views

401k plan employee rights?

Is it legal for my employer to know what I'm doing with my money that is in the 401k, that comes from my employer, without my consent? Is the financial services company that manages my 401k permitted ...
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2answers
95 views

Could my employer give me a raise in terms of employer 401k contributions instead of salary?

Personal contributions to a 401k are capped at $17,500 per year, but personal + employer contributions are capped at $52,000 per year, and I'm already maxing out my 401k. Assuming I was eligible for ...
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1answer
166 views

Can I contribute to a 401k for employer matching and then immediately withdraw it?

I have some friends who work at a company which offers 50% 401k matching up to some amount, but they don't take advantage of it because they want to use the money for non-retirement purposes. Ignoring ...
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1answer
80 views

What are the trading cost differences between stocks and mutual funds in 401k account?

I am confused about the mutual fund investment minimums and buying commission fees. I've been searching these question on the internet but no good answers. Hope someone can answer my questions below ...
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2answers
181 views

Am I investing properly for my future?

What should my next step be? I apologize in advance for the length of the post. I consider myself to be in a good standing, but I'm always looking for ways to improve. Student loans: I graduated ...
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3answers
1k views

Is it worth contributing to my 401k if I will only stay with the company a short time?

I have recently become eligible for my employer's 401k plan. For reasons that I will not discuss here, I do not intend to stay at my current employer for longer than another year or so at most, ...
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37 views

Xfer 401K after starting distribution to another 401K or alternate plan

Retired at end of 1st qtr 2013 - age 64. Started drawing monthly distribution from this plan right after retiring. Would it be possible to xfer the balance of this 401K to another 401K or some other ...
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4answers
172 views

Is it smart to only invest in mid- and small-cap stock equity funds in my 401(k)?

Historically, mid-cap and small-cap company stocks have outperformed the market. Correct? Since I'm not going to touch the money in my 401(k) in over 40 years, wouldn't it make sense to invest ...
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56 views

Setting up a tax deferring IRA

I work for a small company, so we have like no resources for helping us understanding benefits. My employer is willing to automatically give me 5% of my annual salary if I set up an IRA account. So ...
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1answer
56 views

Dividends reinvested in a 401k or Coverdell ESA show up on 1099-DIV?

In the USA, I know that dividends reinvested within a 401k, IRA, 529, or Coverdell ESA are not taxable (initially). I was surprised to see them show up on a 1099-DIV form this year from my investment ...
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580 views

Max IRA contributions and expensive 401(k) plan with no match. Where else to invest?

This question appears to be related. My company has a 401(k) with high expense ratios (I recall 0.84% for an S&P 500 index, but I'd have to double-check) and no company match, so I opted to open ...
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4answers
252 views

Why I cannot find a “Pure Cash” option in 401k investments?

I am of an opinion that I should decide where my money should get invested and if it should get invested at all or not. When I looked at the investment options I have with my 401k money, I figured ...
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397 views

What happens to 401k when I change my job?

I'm planning to sign up for a 401(k). However, I'm not sure what happens if and when I change jobs. What happens to the money I deposit? What happens with employer matches? Can you please give me ...
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93 views

Closed out old 401k. Rollover and cash out option. Received wrong amounts

I decided to cash out and rollover my old 401k. I requested a check for some amount after the taxes, and the rest be rolled over into my new 401k. However, instead I received 3 checks: 2 of which ...
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62 views

Employer rollover from 403b to 401k?

Can an Employer convert from an existing 403b plan (variable annuity) and transfer all assets to a new employer sponsored 401k plan?
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583 views

How does “on the next percentage” work (for company matching)?

For example, if I contribute 5%, the company matches that contribution with: 100% on the first 2% 40% on the next 2% 25% on the next 1% How do you calculate the next percentage.. and of what ...
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1answer
440 views

For a non-resident, Is it worth investing in a 401k?

I'm planning to stay in the U.S. for 3 to 5 years. My company offers a 4% match for 401k contributions. Is it worth investing in a 401k plan with all the fees and penalties? Or is there a better way ...
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2answers
578 views

Investment strategy for 401k when rolling over soon

I'm a contractor at a company interesting in investing in their 401k. If I know I'll be leaving this company in a year or so what sort of time horizon and risk exposure is applicable? I'm not sure how ...
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116 views

Tax on 401k withdrawal for non US resident

What is the tax rate for 401k withdrawal? A Thai citizen inherited a 401k plan from her US husband who died at age 62 years. Which tax forms must be filed after withdrawal?
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151 views

Withdrawing from regular vs Roth 401K

I work at a company that allows me to put my 401K into either a regular or Roth 401K. My understanding is that: For the regular 401K, I pay taxes when I withdraw money from the 401k. For the Roth, I ...
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3answers
189 views

paying off an auto loan versus Roth versus non-tax-sheltered investment

A hypothetical friend of mine is very young (22 y.o.) lives in the US and has no other debt except a recent 5 year 3.5% interest auto loan. His monthly payment is around $300 He is maxing out his ...
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188 views

401k Withdrawal In US, RNOR Status, and Tax in India

I have 401(K) account in USA. I am a US Citizen of Indian Origin. I plan to R2I next year. I am likely to be in RNOR status during the fiscal years 2015-2016, 2016-2017, and 2017-2018 I am aware ...
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6answers
344 views

Principal 401(k) managed fund fees, wow. What can I do?

I was looking over my end-of-the-year finances and noticed some really disheartening details about my company's 401k. The company holds a plan through Principal, and the managed 'target date style' ...
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2answers
87 views

Can I request to change 401k offerings from my employer, e.g. to invest in ETFs?

My wife and I have 401k accounts, but they only offer mutual funds. I do not want to invest in mutual funds and pay their large fees. What are my options to invest 401k money into ETFs, bonds, and ...
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48 views

Self employed 401k and traditional IRA

I've got a self-employed 401k that I use for a small side business, which supplements a full time income I also receive. The 401k contribution allowance is usually small because my business income is ...
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1answer
134 views

Where should I take some money from after retirement? (IRA, 401K, Roth, Taxable)

I have three 401ks, each doing well. One has some pre-1987 money, another has some Roth money, and some has post tax, non Roth money. I also have several smaller IRAs and Roth IRAs, some of them ...
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5answers
314 views

How to decide on split between large/mid/small cap on 401(k) and how often rebalance

On my 401(k) the default time-targeted fund seems to be relatively expensive. I thought about using Vanguard mutual funds, which are also available and have much lower expense ratio. However they are ...
6
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1answer
161 views

Solo-401k interaction with employer sponsored 401k. Limits of contribution from Schedule C income

I'm quitting a job at the end of this year. I want to start a solo-401k for all my schedule C income and I have a couple of concerns: If my employer were to, for some reason, pay me in 2015 some ...
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255 views

IRA Deduction when changing from 401k offered job to non-401k job mid year

This is challenging one to figure out. I had a job that is ends 11/30/2014 that offered a 401k. I have a new job that doesn't offer a 401k. I'd like to max my IRA this year to avoid tripping ...
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2answers
108 views

Can expense ratios on investment options in a 401(k) plan contain part of the overall 401(k) plan fees?

My company was recently acquired and the 401(k) plan is being rolled into the acquiring company's plan. I'm a fan of indexing and was disappointed that the index funds in the new plan have between ...
2
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1answer
113 views

Where should I invest if my new 401(k) provider doesn't offer a low risk option?

My company is changing 401(k) providers. I have my small nest egg in a guaranteed interest account with the current provider. The new provider does not offer a fixed interest account. Furthermore, ...
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2answers
100 views

Can/should a foreign person working overseas for a US company contribute to a 401k?

Our company (US-based) is considering hiring a foreign citizen (UK) to work for us in the UK. I believe that they CAN contribute to a 401k, but should they? Do they receive the same benefits from the ...
2
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1answer
71 views

Sole employee S-Corp 401k - Can Company portion also be made to be Roth?

I have an S-corp for which I recently established an Individual 401K plan with one of the top 4 plan administrators. I understand that the employee contribution can be either traditional or Roth. ...