401(k)s & IRAs
401(k)s & IRAs For Dummies
From the basics down to investing, get the most out of your 401(k) and IRA in any economic environment When you're ready to start setting aside (or withdrawing) money for your retirement--whenever that might be--401(k)s & IRAs For Dummies is here for you! It covers both types of retirement...
| Otros Autores: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, N.J.:
John Wiley
c2022.
Hoboken, N.J. : [2022] |
| Colección: | --For dummies.
|
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009645677006719 |
Tabla de Contenidos:
- Intro
- Title Page
- Copyright Page
- Table of Contents
- Introduction
- About This Book
- Foolish Assumptions
- Icons Used in This Book
- Beyond the Book
- Where to Go from Here
- Part 1 The ABCs of 401(k)s and IRAs
- Chapter 1 Explaining IRAs and 401(k)s
- Exploring the Basics of Retirement Savings Plans
- Getting down to 401(k) basics
- Introducing IRAs
- Comparing and Contrasting IRAs and 401(k)s
- Accentuating the Positive
- Saving up
- Getting employer contributions
- Chapter 2 Taxing Issues
- Realizing the Reasons for Tax Breaks
- What the government gains
- What you gain
- Talking Tax Terms
- Earning your income
- Combining your income
- Adjusting your income with AGI
- Figuring your marginal tax rate
- Getting Credit for Contributions
- Deducting IRA contributions
- Paying attention if your spouse has a plan
- Earning extra credit according to income
- Taxing Income at Retirement
- Staying Alert to Changes in Tax Law
- Chapter 3 Naming Beneficiaries and Planning for the Future
- Deciding Who Gets Your Savings When You're Gone
- Detailing the Distribution
- Talking Timing and Taxes
- Passing along Company Stock
- Starting the Roth Clock
- Qualifying Your Charitable Giving
- Giving a good QCD
- Linking RMDs and QCDs (and minding your Ps and Qs)
- Giving tax free
- Being a Beneficiary
- Deciding - or being told - what to do with the money
- Saying no to the money
- Stretching an inherited IRA
- Part 2 401(k) Basics
- Chapter 4 Checking the Benefits of a 401(k)
- Realizing What a 401(k) Does for You
- Lowers how much tax you pay
- Gets you matching funds from your employer
- Makes room for a little something extra: Employer non-matching contribution
- Allows you to save without tears
- Vesting: When Your Employer's Contribution Is Yours to Keep
- Vesting of employer contributions.
- Making exceptions (You knew this was coming, right?)
- Letting the Pros Work for You
- Protecting Your Money
- Meeting minimum standards
- Avoiding losses in bankruptcy
- Watching Out for Potential Pitfalls
- Earning more may mean contributing less
- Being at the mercy of your plan
- Chapter 5 Signing Up for a 401(k)
- Exploring Your Eligibility
- Sometimes you play a waiting game
- Sometimes you can't join at all
- Sometimes you're automatically in
- Making Your Entry Date
- Deciding How to Invest Your Money
- Chapter 6 Paying Attention to Administrative Issues
- Figuring on the Fees
- Finding the fees
- Understanding the fees
- Paying the fees
- Paying extra for extra services
- Checking on small business challenges
- Considering Funding Issues
- Making a mutual decision
- Unwrapping wrap fees
- Prospecting in the prospectus
- Knowing What You Can Know
- Working to Improve Your Plan
- Upgrading investment performance
- Searching out information
- Questioning investment strategy
- Chapter 7 Weighing Your Options When You Leave Your Employer
- Taking Your Savings with You
- A Rolling 401(k) Gathers No Taxes
- Realizing that account size matters
- Moving your money to your new employer's plan
- Waiting for the money to transfer
- Leaving Money with Your Old Employer
- Taking a Lump Sum
- Taking Stock into Account
- Part 3 undefined
- Chapter 8 Investing in an IRA
- Looking at the Basics of Your IRA
- Staying traditional
- Touching on Roth IRAs
- Benefiting from a spousal IRA
- Starting an IRA for a child
- Setting Up Your IRA
- Deciding where to invest your money
- Opening your account
- Maintaining Your IRA
- Moving Your IRA
- Chapter 9 To Roth or Not to Roth
- Predicting Future Tax Rates
- Calculating accurately
- Talking tax breaks
- The "Or Not to Roth" Section.
- Taking Money Out of Your Roth IRA
- Converting to Roth
- Chapter 10 Rolling Over an IRA
- Rolling-Over Basics (How to Shake Is Next)
- Rolling through the Process
- Rolling through a conduit
- Rolling partially over
- Rolling Roths with care
- Calling a Roth Conversion: No, It's Not a New Football Play
- Paying 20 Percent
- Part 4 Saving and Investing
- Chapter 11 Setting Up Your Savings Plan
- Targeting Your Retirement Date
- Getting Your Hands on Your Money
- Drawing on your Social Security
- Tapping into other sources
- Living the retirement life
- Testing the waters in your gene pool
- Developing Your Retirement Savings Plan
- Cutting down on your expenses
- Picturing your progress
- Counting on compounding
- Chapter 12 Determining How Much to Save
- Improving Your Chances of an Ideal Retirement
- Deciding How Much of Your Salary to Put Aside
- Making use of your salary deferral agreement
- Measuring your plan's maximums
- Being highly paid means different rules
- Estimating what your budget can afford
- Building Your Nest (Egg)
- If you're retiring in the near future
- If your retirement is farther off
- Using a retirement calculator
- Chapter 13 Selecting Your Investments
- Looking Over the Investment Menu
- Money market funds: Show me the money
- Keeping things reined in with stable value funds
- Bonding your funds: Single portfolio seeks stable relationship
- Deciding one and done: Balanced and TDF funds
- Stock funds: A feather in your cap
- Investing where you work: Company stock
- Brokerage window: Don't fence me in
- Forging Your Own Investment Trail
- Baking Your Asset Allocation Pie
- Check your ingredients and avoid these common mistakes
- Open the oven door once in a while to check your progress
- Make sure that your pie complements the rest of the meal
- Seeking Help from the Pros.
- Finding books and publications
- Consulting a real live person
- Going online for info
- Going online for advice
- Chapter 14 Taking Reasonable Investment Risks
- Defining Some Investment Basics
- Playing debt instruments and making equity investments
- Taking a dip in the mutual fund pool
- Watching the return of the mummy . . . er . . . money
- Diversifying for fun and safety
- Staying In It to Win It
- Seizing the opportunity of a downturn
- Buying more when prices are low
- Classifying Different Types of Risk
- Losing more than you can stand
- Losing your entire investment
- Owning too much company stock
- Not having enough money to live on during your retirement
- Understanding the Risk-Reward Relationship
- Deciding How Much Risk You Can Stand
- Part 5 Money In, Money Out
- Chapter 15 Making Contributions
- Checking Out How Much You Can Contribute
- Gauging the limits of the law
- Seeing what Uncle Sam allows (he's extra generous if you're 50 or older)
- Paying attention to the percent-of-pay limit
- Heeding limits on your personal IRA
- Maxing Out Matching Contributions
- Timing Is Everything
- Spreading out your 401(k) contributions
- Spreading out your IRA contributions - or not
- Chapter 16 Withdrawing Money Before You Retire
- Taking Money from Your IRA
- Accessing Your 401(k) Plan Money While Working
- Facing Hardship with Your 401(k) at Your Side
- Defining a hardship
- Determining the amount
- Calculating the tax you owe
- Dipping into Your 401(k) Money to Buy Your First Home
- Both a Borrower and a Lender Be
- Giving one good reason . . .
- Figuring out how much you can borrow
- Determining how much interest you pay
- Paying the piper: Repayment rules
- To Loan or Not to Loan (To Yourself, That Is)
- Weighing a Hardship Withdrawal versus a Loan
- Saying No to Yourself.
- Chapter 17 Managing Your Plans after Retirement
- Looking Forward to Retirement
- Decisions, Decisions: What to Do with Your 401(k) Money
- Being older can save you money
- Foiling the dreaded early withdrawal penalty
- Leaving money with your former employer
- Making Withdrawals from Your IRA
- Paying Uncle Sam His Due: Required Withdrawals
- Developing a Strategy to Deal with the Tax Man
- Which comes first: Plucking the chicken or emptying the nest egg?
- Dealing with that darned company stock
- Managing Your Investments in Retirement
- Live long and prosper
- Stay practical
- Managing Risk
- Balancing investments
- Buying an annuity
- Consolidating Your Accounts
- Tending to Your Nest Egg
- Row, Row, Row Your Boat, Gently Down the Income Stream
- Treating Your Home Like the Asset It Is
- Adding up the expenses
- Making use of your equity
- Part 6 Helping Small Employers
- Chapter 18 Plans from a Small Employer's Perspective
- Putting in the Effort
- Meeting Regular 401(k) Requirements Is a Pain in the Pocketbook
- Getting to know ERISA and her requirements
- Dieting won't help top heavy plans
- Sticking up for the little guy: Nondiscrimination tests
- Calculating the bottom line on employer contributions
- Deciding on other bells and whistles
- Comparing 401(k)s
- Going it alone: The solo 401(k)
- Choosing a safe harbor in a storm of requirements
- Spelling out QACA
- Finding Alternatives to a 401(k) Plan
- Making it easy with payroll deductions
- SIMPLE Simon met a pie man . . .
- Contributing the funds with a Simplified Employer Pension (SEP)
- A Word about Cost
- Chapter 19 Offering a 401(k) Plan
- First Things First
- Prioritizing employees: Being a fiduciary
- Exploring the world of fees
- Choosing a 401(k) Provider
- Getting up close and personal - why you shouldn't
- Streamlining the process with outside help.
