Individuals acted crazily during the incredible expansion of Bitcoin in 2016. Some individuals who were unable to use their better judgment mortgaged their houses to invest in the cryptocurrency craze...only to end up regretting it after Bitcoin dropped in value. What prompted us to create a list of Bitcoin and cryptocurrency affiliate programs? Bitcoin's worth has increased by nearly … [Read more...]

  Do you work for a company and are you looking to have cryptocurrency as part of your 401(k) plan, or are you an employer who wants to give your employees the opportunity to use cryptocurrency in their 401(k) plans? If so, you've come to the right place. This guide provides information on adding Bitcoin and other cryptocurrencies to a 401(k), with answers to the most commonly asked … [Read more...]

It's not necessary to be retired in order to access the funds in your 401. However, there are penalties involved depending on your age. If you delay your withdrawal until after the age of 59 1/2, you will not be charged any penalties. If you are younger than 59 1/2, accessing the money prior to that age incurs a 10% penalty to the amount taken out. Usually, businesses that suspend their fixed … [Read more...]

In the year 2023, investors are contemplating transferring some of their 401k into a Gold IRA, which is a kind of SDIRA that permits ownership of gold, silver, and other metals, with several valuable benefits. Before we dive further into the process, here are the top 3 ranked companies for 401k rollovers to gold, and we’ll dive into each company’s fees and offerings later in this article: … [Read more...]

If you're getting ready to finish working or shifting to another job, you might need to decide what to do with the money in your 401(k) account. This is where a 401(k) rollover comes in handy. What is a 401(k) rollover? A 401(k) rollover is the act of transferring assets from a 401(k) plan to another type of tax-advantageous retirement savings account. Many people transfer the money … [Read more...]

When it comes to life after retirement, it is essential to consider what steps to take with your 401k. The balance accumulated over a long period of time is now sufficient and it is time to contemplate on how to invest it. Navigating among the various choices can be challenging when trying to pick the most suitable one for your needs. This blog piece is about the three main decisions you can make … [Read more...]

Your employer may permit you to withdraw the funds in your 401 account. In any case, you will not be able to put in any extra money to your previous account. It may not be wise to keep your account with your ex-employer, particularly when there are more customizable Individual Retirement Account options available through many brokers. You have the option of transferring the money from your 401 … [Read more...]

If you quit your job or become unemployed at the age of 55 but before hitting 59½, you can abstain from being charged the 10% penalty for withdrawing money from your 401. However, this is only relevant to the 401k plan given by the job you previously held. Funds held in a previous employer's retirement plan or an individual retirement account cannot use this exception. If you are in the plan … [Read more...]

Is the market about to crash? This guide outlines the steps to take in order to prudently safeguard and enhance 401k, IRA, retirement savings, and investments before, during, and after a stock market crash and economic recession. Furthermore, the guide will explain the contrast between a bear market and a bull market, provide a quick overview of the historic plunges witnessed on the New York Stock … [Read more...]

When you move onto a new job or leave the workforce upon retiring, there are several decisions you can make regarding the funds in your 401. You typically have the option to shift the funds to an IRA, keep them as is in the plan, transfer it to the pension scheme at your new job, or withdraw it as cash. It is a wise decision to transfer your funds into an IRA in numerous situations. We will … [Read more...]