Tag Archive: 401(k)

Goals and Objectives for 2012

A couple of days ago I “graded” myself as to how I did for my 2011 Goals and Objectives and with only  a couple days left in 2011 it is about time to lay it on the line for what I expect for myself in 2012.  One of the main reasons I started this blog…

September Net Worth Update–Nominated for a Plutas Edition

Earlier this year I started tracking my net worth, but wasn’t entirely comfortable putting the number completely out there, so I came up with a system where I on January 18, 2011 I took my positive net worth made it a zero.  Feel free to check out my absolute zero net worth post.  This way…

Using Your 401(k) to Start a Business

I recently read a fantastic article highlighting how to start a business using your 401(k) titled, “Rolling Over, Starting Up” in Financial Advisor Magazine.   The Author, Alan Lavine, goes through the technique known as Roll-Over as a Business Start up (ROBS).  How Do You Use Your 401(K) To Start a Business? Borrowing from a 401(k)…

Required Minimum Distributions in 2010

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As part of the economic recovery the federal government suspended required minimum distributions in 2009, but RMDs are back for tax year 2010 and forward so a Required Minimum Distribution primer is definitely needed.  While there are actions you can take if you forget your RMD it is much easier to be proactive and actually take your RMD!…

Tell me What to do With my 401(k)

I have been talking about analyzing and re-balancing my 401(k) since May, 2010 and haven’t actually done anything about it since August of 2009! That is ridiculous, for anyone, nevertheless a guy who works in the financial industry and runs this fantastic personal finance blog.  So today, I am going to analyze my 401(k) using…

Traditional and Non-Traditional Ways to Access Large Amounts of Liquid Cash

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Sometimes, you need liquid cash, but not sure where to “find” it, and don’t worry I haven’t lost my mind I would never recommend ridiculous 20%+ cash advances or the usually evil payday loans.  The following ways should only be used when you need a good amount of cash, I would say the starting point would be…