With foreclosure rates sky rocketing and no end in sight, banks are much more willing to negotiate with homeowners on the specifics of their mortgages. These days, “loan modification” have almost become an industry by itself as banks allocate more and more resources to work on this. Sparked by all the news surround it, a […]
After weeks of waiting and calling everyone to do their part of the process, I finally got my 401k moved over this week. During this time, I realized a few important facts about the 401k offered by my employer. The employer match will not be fully vested until my 10th year of employment (it starts […]
My wife’s investment assets are about to be switched over to another brokerage firm. She’s always had an account at TD Ameritrade and when she changed jobs, we felt it was the natural choice to open a traditional IRA account there. When she called to checkup on the status of the transfer a week after […]
Now that I decided to roll my 401k into a traditional IRA, the next step is to figure out the company that I should roll the money into. As the funds will likely remain in the same place until I’m past 60 years old, it is a decision that I should carefully […]
Now that I plan to quit my job and pursue my own business, it’s time to look into how I should handle my current 401k account once I leave the company. As I don’t have a huge 401k account balance, the penalty if I don’t do anything will be relatively small but this doesn’t mean […]
In our society, access to money is a big deal. We want instant access (usually via some form of plastic card) to money. And, in an era where lending standards are making it difficult to take out loans, all sorts of ideas are popping up to help us access — rather quickly — money that […]
