401(k) Plan Definition

A qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on a post-tax and/or pretax basis. Employers offering a 401(k) plan may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit-sharing feature to the plan. Earnings accrue on a tax-deferred basis. Continue reading

Essential reading: Google and Starbucks face tax questions in the UK, and more

Welcome to the top tax and accounting headlines from Reuters and other sources.   * Google and Starbucks face tax questions. Jim Pickard and Vanessa Houlder – The Financial Times Continue reading

Sense Financial Seminar in Yorba Linda on Investing With Solo …

Orange County residents have learned how to take control of their retirement accounts with self directed Solo 401k and earn greater returns after a recent seminar sponsored by Sense Financial. As a bonus, they also learned .. Continue reading

42 Social Security 'Secrets' All Baby Boomers … – 401k Plan Advisors

If you aren't now collecting and wait until 70 to collect your retirement benefit, your retirement benefit starting at 70 can be as much as 76 percent higher than your age-62 retirement benefit, adjusted for inflation. The reason is .. Continue reading

Saving for Retirement: 401k Alternatives that Will Insure Your Financial Freedom

Struggling in your retirement planning? Recent turns in the economy over the past decade are enough to get anyone thinking about retirement when they are more worried about the day to day. With the economy beginning to .. Continue reading