401a A 401(a) is a type of retirement plan available through certain employers. Contributions of money into your plan are made through your employer and the employer makes most of the decisions about how the plan is set up....    Read More...

Enough For Retirement We all want to live comfortably in retirement. We also know that in order to do that, we must save. There are many options for savings plans: personal investments, company-sponsored retirement savings plans and pensions or combinations of all or some of t...    Read More...

Designated Roth Accounts in 401(k) or 403(b) Plans Beginning in 2006, a 401(k) or 403(b) plan (but not a SARSEP or SIMPLE IRA plan) may permit an employee to irrevocably designate some or all of his or her elective contributions under the plan as designated Roth contributions. The plan must contain langua...    Read More...

403(b) and 457 Plans Certain employers are allowed to have Internal Revenue Service (IRC) 403(b) Tax-Sheltered Annuity plans. You are allowed to have a 403(b) plan if you are...    Read More...

Terminating a 401(k) Plan Although 401(k) plans must be established with the intention of being continued indefinitely, you (as an employer) may terminate your plan when it no longer suits your business needs....    Read More...

IRC 401(k) Plans IRC 401(k) plans are the most popular type of retirement plan used today. They can be a powerful tool in promoting financial security in retirement and are a valuable option for businesses considering a retirement plan, providing benefits to employees and...    Read More...

IRA Based Plans An IRA is the most basic sort of retirement arrangement. People tend to think of an IRA as something that just individuals do (hence the "I" in IRA). But an employer can help its employees to set up and fund their IRAs. With an IRA, what the employee gets...    Read More...

Taxes on Early Distributions from Retirement Plans Payments that you receive from your IRA or qualified retirement plan before you reach age 59 and a half are normally called "early" or "premature" distributions. These funds are subject to an additional 10 percent tax and must be reported to the IRS....    Read More...

Operating a 401(k) Plan Once you have established a 401(k) plan, you assume certain responsibilities in operating the plan. If you hired someone to help in setting up your plan, that arrangement also may have included help in operating the plan....    Read More...

Establishing a 401(k) Plan When you establish a 401k plan you must take certain basic actions. For instance, one of your decisions will be whether to set up the plan yourself or consult a professional or financial institution - such as a bank, mutual fund provider, or insurance c...    Read More...

Choosing a Retirement Plan Sometimes it seems as though everyone has a 401(k) plan these days. Did you ever consider getting one yourself but just don't know how they work?...    Read More...

Live Long and Prosper We all remember those famous words spoken by Mr. Spock of the starship Enterprise from the television series "Star Trek". Well, the truth is we may have reached the point where most of us will live long, but will we prosper? Or will we merely "get by" in ...    Read More...