Question

 When is a good time to buy shares in my 401(k) plan?

Answer On One Hand: Dollar Cost Average Throughout the YearDollar cost averaging is when you invest funds on a consistent basis throughout the year. Investments are made on a schedule, regardless of marke... Read More »
http://www.answerbag.com/q_view/1905620

Top Q&A For: When is a good time to buy shares in my 401(k) ...

Is a 401k plan an IRA?

A 401k plan is not an individual retirement account (IRA). Both 401ks and IRAs are retirement accounts, but 401ks are set up by companies and IRAs are set up by individuals.Source:IRS: Publication ... Read More »
http://www.answerbag.com/q_view/2063580

What is a 401k plan?

According to the Investment Company Institute, on November 10, 1981, the Internal Revenue Service amended the U.S. tax code to allow for the creation of a tax-advantaged investment account known as... Read More »
http://www.answerbag.com/q_view/1955367

Can I contribute to a Roth IRA& a 401k plan?

As long as you are eligible to contribute, you can contribute to both a Roth IRA and a 401k plan in the same year. Roth IRAs require that your adjusted gross income be below the annual limit, which... Read More »
http://www.answerbag.com/q_view/2055959

Can you have a Roth IRA& a 401k plan?

On One Hand: Not Mutually ExclusiveThe Internal Revenue Service does not restrict people to participating in either a Roth IRA or a 401k plan. As long as you have enough earned income to contribute... Read More »
http://www.answerbag.com/q_view/2013753


feedback
loading