Investments
401(k) Hardship Distribution Rules Easing
IRS is easing 401(k) Hardship Distributions thanks to BBA amendments.
Read More401kzone.com Wants to Know:
Are You Prepared for Retirement? 45% of American Workers have saved less than $25,000 for retirement and 26% have saved less than $1,000. Source: Employee Benefit Research Institute, 2018 In 2019 employees were more confident that they would have enough for retirement, but less than half had actually calculated how much they would need. In…
Read MoreFin’s Grins
401(k)s Change How Americans Face Retirement
Out of all US households surveyed, 77 percent are confident 401(k)s can help reach retirement goals. That includes a lot of people since over 55 million Americans participate in 401(k) plans. Those plans are estimated to contain $5.67 trillion in assets at the end of first quarter 2019 according to the investment research and advocacy…
Read MoreTuesday Tax Tip – Distribution Checks
Tuesday Tax Tip – Distribution Checks The IRS released a ruling that retirement plan distribution checks must be taxed even if the check hasn’t been cashed. An individual’s failure to cash the distribution check received in 2019 does not permit one to exclude the amount of the designated distribution from gross income for that year…
Read MoreThoma Bravo Acquires Ellie Mae – 10% Staff Laid Off in Restructure
Ellie Mae laid off around 10 percent of its staff in a team restructure plan after being acquired in April by Thoma Bravo for an all cash $3.7 billion purchase. Ellie Mae, Inc. is a cloud based software company that electronically processes 35% of all U.S. mortgage applications through its streamlined mortgage origination process. Ellie…
Read More4 Consistently High Paying Dividend Stocks With Growth Potential
Updated by Nate Parsh on May 17th, 2019 The ‘holy grail’ of dividend growth investing is to find businesses that offer: Growth potential High dividend yields Consistent and safe operations This article takes a look at 4 businesses that have: High dividend yields above 4% Above average total return potential Consistent operations backed by a…
Read MoreThis Technology Could Clean up Major Oil Spills
Every so often, I wonder about the chronic effect of the oil spills such as in the gulf and south seas and off the northwest coast. I think there must be an easier way to clean that and minimize the damage and loss of wildlife. What if there was a sponge that could soak up…
Read MoreA Merchant Cash Advance Case Study
Merchant Cash Advances can make sense, but you need to do the due diligence to know when it makes sense for you. Take for instance, the following example of how a Merchant Cash Advance made a difference for this merchant: Tom was stuck. He had pulled together a $550,000 investment of his own and another…
Read More