How to Avoid Tapping Into Your 401k to Pay Off Debts?

Answer If you find yourself in a financial downturn, you may consider tapping your 401K in order to lower your debt payments. However, there are reasons for why it is not advisable to cash into your 401K ... Read More »

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How to Turn Your Debts Into Wealth Now?

Debt can seem like a dark cloud that hovers over you for years. Conventional wisdom says to get rid of your debt before you try to start building wealth, but that could take years and years of simp... Read More »

Can you roll your 401k into a Roth IRA?

According to the Internal Revenue Service, you are allowed to roll your 401k plan into a Roth IRA. However, you will have to include the amount of the conversion as taxable income in the year of th... Read More »

How to Avoid Debts when on a Holiday?

Who doesn’t want to enjoy a holiday trip with their family . But many of us fall in the debt trap during such outings due to lack of proper financial planning. Most of the people want to live deb... Read More »

How to Put a 401k Into an IRA?

When you leave an employer, make sure to take the funds in your 401k with you. Once you leave a company, you are no longer able to make contributions into its 401k program. Moving your 401k balance... Read More »