Archive for February, 2005
Tuesday, February 1st, 2005
Workers retiring early typically worry about how much they’ll have to stretch their limited retirement dollars so as not to run out of money. That’s certainly an important concern. But many early retirees overlook another major issue: adequate insurance, particularly medical.
Workers retire early for two major reasons: they are psychologically ...
Posted in Healthcare, Long Term Care Insurance | No Comments »
Tuesday, February 1st, 2005
The IRS is easing some of the nightmare financial consequences of mishandled tax-free rollovers from individual retirement accounts and retirement plans but taxpayers need to remain vigilant to avoid unnecessary taxes and penalties.
A rollover occurs when you take money out of either an IRA or qualified retirement plan such as ...
Posted in IRAs, 401(k)s, 403(b)s, TSP(s) | No Comments »
Tuesday, February 1st, 2005
Millions of new teachers and health-care workers expected to be hired in the coming decade will need to become familiar with a retirement plan they may know little about: the 403(b), commonly called a tax-sheltered annuity.
403(b) plans are salary-deferral plans designed for teachers, college professors, health workers at nonprofit ...
Posted in IRAs, 401(k)s, 403(b)s, TSP(s), Retirement Planning | No Comments »
