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Tag Archives: 401k

Would it be better to send extra $ to mortgage, or put in 401k?

Question by XXeviloliveXX: Would it be better to send extra $ to mortgage, or put in 401k? Okay, so my husband may be getting rid of his extra truck, which would mean we would have an extra $ 440.00 per month that we won’t need to be paying toward the truck. Would it be smarter [...]


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Should we withdraw our 401k to pay off mortgage in anticipation of my husband’s retirement next year?

Question by meljean: Should we withdraw our 401k to pay off mortgage in anticipation of my husband’s retirement next year? We are both fully vested and wish to be debt-free when retired as we will have only SS and a small pension from my husband’s previous employer. There would be no repayment involved since we [...]


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Is it wise to borrow money from my 401k fund to pay off my house?

Question by wataf: Is it wise to borrow money from my 401k fund to pay off my house? I still owe 80grand on my home loan. If i borrow 80gs from my 401k, then i be debt free. Some people say it’s a bad idea. These are the same people(so called financial analyst) that made [...]


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Better to take 30K out of 401k and pay off mortgage completely and be debt free or let it ride?

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by MoneyAware Question by AZis4citizens: Better to take 30K out of 401k and pay off mortgage completely and be debt free or let it ride? I still have 25years on Mortgage and could muster the cash to pay it off by combining all liquid assets and be debt free? Best answer: Answer by Help Is [...]


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How Can I Improve My 401k

401(k)’s were billed by the government and corporations as one of the most powerful tools you have to save for retirement. 401(k)’s are offered through employers and can be contributory or noncontributory.In addition to saving for retirement they were billed as one of the best tax shelters that our federal government has ever managed to [...]


What Retirement Plans May Be Available Through My Employer

If you are trying to figure out what retirement plans are available through your employer, keep in mind that Employer retirement plans and the tax laws that back them are very complex. Do not hesitate to seek outside help if you need help determining the best plan for you. Most plans fall into one of [...]


Why Equity Indexed Annuities Are A Perfect Wealth Accumulation Vehicle

This is a sample of one of our Financial Education Training Videos coming to our new training site within 30 days. Make sure that you click on the subscribe button in the video so that we can let you know when the new site is up and stay informed when new video’s are produced.


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How to Make Rain in a Financial Desert

We’re heading into late summer…two-plus years into the country’s deepest recession since the Great Depression…and the mild optimism offered


The Accidental Philanthropist; But Uncle How Many Times Can You Tax The Same %$#n Dollar!

War On Wealth Series – Taxes With every tax dollar you pay you move further along the road of becoming an Accidental Philanthropist. Since the first income tax in the United States was imposed (under Article I, section 8, clause 1 of the U.S. Constitution) in 1864 during the Civil War, there has been an [...]


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Being The “Bank of You”; How To Set Up Your Own Private Bank

War On Wealth Series – Asset Growth The Money In Your Mind – Why The Rich Keep Getting Richer Click Here! Not only is the average American unable to save money but there is a serious negative savings rate taking place that is piling up the debt owed in this country at a pace that [...]


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