Are interests in Florida retirement plans really safe from creditors?

Answer On One Hand: Retirement Savings Are Protected.Under Florida and federal law, most retirement savings are protected from creditors. Social Security wages can never be garnished, and most pension fun... Read More »

Top Q&A For: Are interests in Florida retirement plans reall...

Are state retirement plans considered pension plans?

Retirement plans sponsored by states are considered pension plans. There are two types of pension plans to choose from--a defined benefit plan or a defined contribution plan. The benefit plan tells... Read More »

Who Qualifies for SEP Retirement Plans?

SEP retirement plans (also known as SEP IRAs) are set up by employers for the benefit of qualified employees. Nearly any type of employer can set up an SEP, although most are established by small ... Read More »

Retirement Plans for Individuals?

Most people dream of the day they can leave the rat race of work and spend their days in the leisure of retirement. However, with fewer workers covered by a company-sponsored retirement plan, the b... Read More »

Basics of 401(k) Retirement Plans?

401k retirement plans are investment programs, typically set up by an employer, where pre-tax dollars can be contributed by an employee. In some cases, employers match an employee's contribution e... Read More »