Subscribe in a reader

eRollover.com 401k Plans, 401k Rollovers, & Self-Directed IRA's (Transferring your 401k from your previous employer into a Rollover IRA) What is a 401k Rollover? A 401k rollover occurs when you change jobs or retire and then elect to transfer or "rollover" your 401k into a new IRA. This process of transferring a 401k with a previous employer into an IRA is referred to as a “401k Rollover”, “Rollover IRA” or “IRA Rollover.” The assets in your 401k can be transferred from your 401k directly to...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email Congress mulls major 401(k) changes eRollover.com A wide range of sweeping changes to the 401(k) system were proposed Tuesday at a hearing on how the market crisis has devastated retirement savings plans. Chief among them was eliminating $80 billion in tax savings for higher-income people enrolled in 401(k) retirement savings plans. This was suggested by the chairman of the House Committee on Education and Labor. “With respect to the 401(k), it appears to be a plan that is not...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email Obama and McCain Tax Proposals by Mike Rowan, eRollover.com I have watched over the past couple of months as Republicans and Democrats alike have argued about their economic and tax plans. This economy, and the behavior of the stock market, has every voter worried about their way of life moving forward. Although I believe that this recession will be behind us before we know it, every investor will be receiving their 401k, 403b, or...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email Things to consider before you move your 401k into an IRA by Mike Rowan, eRollover.com Typically when you leave a job, you should roll over your 401(k) to an IRA. Rollovers allow you to continue delaying taxes on your nest egg as it accumulates and avoid an early-withdrawal penalty. However, many people choose to leave their 401(k) with their old company, or roll it into their new company’s plan. There are several points to...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email Introduction To Forex Trading by Mike Rowan, eRollover.com Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people are aware of this market than there are people aware of several other avenues of investing. Trading foreign currency, also known as forex, is the most lucrative investment market that exists. There are several factors that make this true among which,...

Read More >>

Introducing The eRollover Education Center!
 

eRollover.com, the web's leading portal for 401k, IRA, Retirement, and Personal Finance, has added a new feature on our site to help our members and visitors become more comfortable with all financial topics. With eRollover's Education center, we have aggregated numerous...

Read More >>

Asset Allocation Analysis for your 401k or IRA

Historically, the only thing that has been proven to prevent massive losses in your portfolio is to have an asset allocation strategy. I can't stress how important this strategy is for your 401k, 403b, IRA, or other investment and retirement accounts.

eRollover has invested in an asset allocation calculator, which can assist in setting up your plan according to your risk tolerance. This feature is free, and will actually generate a print out with its recommendations. Please feel free to utilize this feature of our site by filling out our...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email The Difference between Term and Permanent Life Insurance by Mike Rowan, eRollover.com Many people ask me, "What is the difference in Term and Permanent Life Insurance?" So, I thought that I would write a quick excerpt explaining the basic differences between the 2 plans. Please keep in mind, each individual should review their own situation before committing to any life insurance plan. We encourage you to consult an advisor before deciding on a policy. You...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email What is a 457 Retirement Plan? eRollover.com A 457 plan is a retirement or pension plan that provides benefits to government employees as well as employees of tax-exempt organizations. Employees participating in 457 plans are allowed to defer their compensation on a before-tax basis via regular payroll deductions. Money placed in these accounts grows on a federally tax-free basis until withdrawn. Today, we're going to explain the basics of 457 retirement plans, touching on...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email The Estate Tax: McCain vs. Obama By Mike Rowan, eRollover.com For a tax that each year affects only a few hundred of the nation's 27 million small companies, the estate tax manages to scare an outsize number of entrepreneurs: In a July Zogby poll of small-business owners, nearly half said they believe they will be affected by the fee critics call "the death tax." Prior to President Bush's 2001 tax cuts, the estate tax levied a 55%...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email What to look for in a Disability Insurance Policy Buying disability insurance probably ranks low on your financial to-do list. After all, if you're young and healthy and you work at a desk job, what are the odds you're going to need it? Well, you might not think of a broken bone, a problem pregnancy or an anxiety condition as disabling, but all of them could keep you out of work. About 30 percent of Americans...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email Warren Buffett's NY Times Op-Ed: Buy American. I Am. This is the text of an opinion piece written by Warren Buffett and published in the New York Times on Friday, October 17, 2008: Intro by Mike Rowan, eRollover.com I really do not like to purely rely on other people's articles or opinions on my blog. However, when it comes to Warren Buffett, I think that his logic about the stock market is paramount during these volatile times....

Read More >>

By Mike Rowan, 09/25/2009

Obama proposes to lift penalties for limited IRA, 401k, 403b withdrawals

I was watching the Presidential debate last night and heard Barack Obama mention that he would implement a plan where individuals would have access to some of their 401k, IRA, 403b, or 457 Plan money, penalty free. This would help them to have access to some funds during this financial crisis. I think that this is actually a...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email New 403(b) Transfer Rules New 403(b) regulations set to go into effect January 1, 2009 will impose new rules on the transfer of 403(b) money. "Old style" outside-of-plan 90-24 transfers will not be permitted after September 24, 2007. Note: New regulations are still being interpreted and this story represents our best understanding of transfer rules now. We will continually update this page as necessary. Transfer Options Want to switch vendors? Leaving your...

Read More >>

Subscribe in a reader

Subscribe to erollover.com Blog by Email Surviving a 401(k) freak out By Walter Updegrave, Money Magazine senior editor View Original Blog Here I thought that Walter did a great job with this article and wanted to share it with our readers. Please visit his site and give him credit for this article with advice for your 401k, 403b, IRA, or other Retirement Plans. Question: My 401(k) is invested entirely in stocks and has dropped 30% over the last two months. Should I move...

Read More >>