Search results for: 401(k)

Why Most Early Proponents of the 401(k) Now Say It’s a Failure

…YOUR FREE ANALYSIS! 6 Reasons Your 401(k) is a Scam In a recent blog post, I discussed 6 reasons 401(k)s are a scam. Think you’re getting “free money” in the…

(Search hits: 12 in body, 1 in title, 1 in categories, 2 in tags, 0 in other taxonomies, 0 in comments. Score: 59.86)

Why More Experts Are Now Saying It’s Time to Ditch Your 401(k)

…Experts Say the 401(k) is a 40-Year Experiment that’s Failed… In addition to creating a totally unpredictable future tax liability, experts say 401(k)s come with other wealth-killing pitfalls: The employer…

(Search hits: 11 in body, 1 in title, 0 in categories, 2 in tags, 0 in other taxonomies, 0 in comments. Score: 59.72)

Congress Considers Axing Your 401(k) Tax Deduction

…deduction for 401(k) contributions. And one proposal would also change the tax-deferred nature of 401(k)s by imposing a 15% tax on your annual gains. Why would Congress consider tinkering with…

(Search hits: 13 in body, 1 in title, 1 in categories, 2 in tags, 0 in other taxonomies, 0 in comments. Score: 59.25)

Retiring Boomers’ Savings Fall Far Short

…bigger risks with their investments and making other sacrifices they never imagined.” 1 Like Carol Dailey, who is continuing to work at age 71 because her 401(k) took a hit…

(Search hits: 7 in body, 0 in title, 1 in categories, 1 in tags, 0 in other taxonomies, 0 in comments. Score: 54.08)

Pros, Cons and Why the SECURE Act WON’T Make Your Retirement More Secure

…are good. In December of 2019, Congress passed H.R.1994 – the SECURE Act of 2019 – which contains the most sweeping changes to government-controlled retirement accounts – such as 401(k)s,…

(Search hits: 12 in body, 0 in title, 0 in categories, 1 in tags, 0 in other taxonomies, 0 in comments. Score: 48.75)

Bank On Yourself in the Media – 2014

…Yourself (Interview with Pamela Yellen) By: Bert Martinez, August 25, 2014 MainStreet – Skipping Your 401(k) Plan Could Yield Better Returns By: Ellen Chang, August 25, 2014 PNG Lifestyle Magazine…

(Search hits: 5 in body, 0 in title, 0 in categories, 0 in tags, 0 in other taxonomies, 0 in comments. Score: 44.58)

Funding a Bank On Yourself Plan

…your 401(k) or other retirement plans Many people find money to finance their policy by backing off on funding their 401(k) or other retirement accounts, and continuing to pay only…

(Search hits: 5 in body, 0 in title, 0 in categories, 0 in tags, 0 in other taxonomies, 0 in comments. Score: 44.58)