My question concerns only a fully deductible IRA, and the confusion over the IRS wording “to quality….you must not be eligible to participate in a company retirement plan”. My company does not offer a pension plan , but does offer a 401k plan, so does that disqualify me from a deductible IRA ? Basically the question comes down to the defination of a “company retirement plan”.
Posts Tagged ‘Retirement’
Am I able to qualify for a deductible IRA if the only retirement plan my company offers is a 401K?
02
Apr
what is the difference between a 403b and a 401k retirement plan?
01
Apr
I recently remembered about a retirement account from a former employer. it is described as a 403b (tsa) pension plan.
Is it possible not to name a benificiary in a retirement plan?
29
Mar
Our uncle died but we were informed by the Retirement Plan Administrator that they could not find any benificiary on file? How can we verify this. We have no cop of the plan. Is it possible not to name a benificiary to a retirement plan? Anybody please help.
Due to reorganization I have been forced into early retirement can I take my 401K and move it into a Roth IRA?
29
Mar
I do not want to retire for at least 10 years can I move my 401K over to a Roth IRA without penalties.
Any suggestions for a retirement plan for stay at home Mom?
27
Mar
I’m currently a stay at home Mom and do not have a retirement plan in place. I’m 30 and looking for a reasonably priced plan for the future. Any suggestions?
Is it a good idea to do invest into mutual funds to build a Retirement plan?
27
Mar
I am 25 and at my job I’m not offered any kind of 401k plan. Is it a good idea to invest into mutual funds to build my retirement plan? As they say, start early. What are my options on this?
I was refered by a friend to talk to a financial advisor, she is working p/t under primerica with three different investing companies. According to all the numbers I provided, she advises me to use Franklin Templeton Fund Allocation, I don’t know much about any avaialble investing companies so I am very lost in terminology and the numbers.
If I quit my job what happens to the money I have been contributing to my SURS retirement plan?
26
Mar
I work for a community College and we have to contribute to a retirement plan called SURS. I am planning on quitting but don’t know what happens to my money?
You belong to an unusual pension plan because your retirement payments will continue forever (and will go to y?
25
Mar
You belong to an unusual pension plan because your retirement payments will continue forever (and will go to your descendants after you die). If you will receive $30,000 per year at the end of each year starting 25 years from now, what is the present value of your retirement plan if the discount rate is 5.5%?
What should I do with the annuity part of my indiana teacher’s retirement fund?
25
Mar
I can leave the money in the Indiana State Teacher’s retirement fund and draw at a higher interest rate. However, when both my wife and I die, no one will get the money. I could transfer the money to an IRA or something similar for a lower interest rate. When we die, our beneficiaries will be able to receive the money. What have others done in this situation?
What is the importance of coordinating investments within and outside your 401k retirement plan?
25
Mar
Can you describe a situation where this would be important. Thank you for your help with understanding this kind of retirement plan.
What is the best retirement plan for self employed worker?
24
Mar
I am 32 and working as a real estate agent. I don’t have a retirement plan yet, people tell me to open a RothIRA or a simple 401k…i don’t know much about these things, any advice is appreciated.