Qualified Plans Give Your Retirement Financial Assets Protection
Bob Richards Bob Richards–Marketing and Financial ServicesOne advantage that your qualified retirement accounts such as 401k, profit-sharing and pensions is that they are protected by the federal ERISA rules. These rules offer you a particular amount of protection from creditors for your retirement financial assets. The government developed the tax-deductible and tax-deferred features of qualified plans as an incentive for [...]
Categories: retirement financial Tags: creditor protection, erisa, qualified plans
Reasons for a 401k IRA Rollover
Bob Richards Bob Richards–Marketing and Financial ServicesYou could think you’re taking control of your future simply by maintaining a qualified retirement plan offered by a former employer, like a 401(k), 403(b), or federal government 457 plan. But are you? A few retirees take a passive procedure for their retirement assets, preserving accounts with past employers for the sake of simplicity. [...]
Categories: 401k IRA rollover Tags: 457 plan, creditor protection, ira rollover, qualified retirement plan, retirement savings, rollover
