If you’re a stay at home mom or dad, did you know that you can still be contributing to your own retirement account? Even if you aren’t currently employed (which is debatable, really, because raising kids is a very difficult job), you and your spouse can file a joint tax return....

As an employer offering a retirement plan such as a 401k plan, did you receive a questionnaire from the IRS (Internal Revenue Service) in May 2010?   You can’t miss it.  The questionnaire is 46 pages and covers three years of data, 2006-2008. 1,200 companies were chosen at random by...

A mutual funds manager recently told me not to waste time trying to educate people about finance.   He said “you’re not going to help them be successful because they will not take action”.     I was offended at first, but upon reflection had to admit his statement had...

Another critical issue to consider about moving your 401k after you have left a company is the bankruptcy of the employer.  During this recession, this is a very real possibility for many companies. Employer Bankruptcy – If your employer filed bankruptcy and you left your 401K balances...

With the recent losses caused by the recession and the market downturn, you are dealing with a reduction in your savings and in some cases, disappearing advisers.  You probably feel that you could do a better job of investing or planning on your own than using a professional.   There are a...