What to Do With an Existing 401(k) Balance

Archive for June 2019

What to Do With an Existing 401(k) Balance

On a weekly basis, we answer many personal finance questions, either for our clients or for radio listeners. The most common question asked is what to do with an existing 401(k) balance that was accrued when working for a former employer. General rules about rolling over 401(k) balances can help guide you through this process,…

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Consulate U – Class 3 – Supply and Demand

The law of supply and demand serves as one of the most basic founding principles of economics. Supply ideally should equal demand, and the price of goods or services is what brings supply and demand into equilibrium. Too little supply and robust demand will send prices soaring, but too much supply and weak demand will send…

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The 5-Year Roth IRA Rule

Most people know that Roth individual retirement accounts (IRAs) have a “5-year rule,” that is, you must have owned your Roth IRA for at least 5 years and be over the age of 59.5 years to withdraw earnings tax-free during retirement; however, very few seem to truly understand the details surrounding this rule. It is…

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