Daniel Lamaute, CEO of Lamaute Capital, Inc. (http://www.InvestSafe.com) specializes in setting up retirement plans. You may visit http://www.investsafe.com to access a free calculator that will help you estimate what your maximum contribution might be under different plans.
Big Business Benefits For The Home Business Major mutual fund and investment management companies now offer self employed individuals 401k plans that are easy to install and administer at very low cost. What's more independent contractors and small business owners can borrow part of their retirement savings tax-free and penalty free by taking advantage of a loan provision in these new plans. Depending on who's offering them, these...... Similar Editorial : Home Business Benefits by HomeNetPro. | Source : Home Sale Business
Smart Financing Tool Pressed for cash, many people will take money out of their individual retirement account (IRA) as a means to get quick access to capital. They do this even though they have to pay taxes and generally if they are younger than 59 ?, also pay a 10% penalty on the money they withdraw.Only as a last resort should one touch their retirement savings for anything other than retirement expenses. But, in...... Similar Editorial : Dating Tool by Kerr Seth Lordygan. | Source : Ideas In Business
Avoid Losing Your Home To A Bank Foreclosure Are you facing the prospect of losing your home in a bank foreclosure? Many who are experiencing a temporary financial squeeze will withdraw cash out of their IRA in order to save their home. Getting a loan from your retirement account may be a smarter way to go than taking an IRA distribution.As with most people your home and retirement savings probably represent the bulk of your available assets...... Similar Editorial : Bank Foreclosure in California by Synapse India. | Source : Foreclosure Deals