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Posts Tagged ‘Amount’

Would Allowing A One Time Limited Amount Withdrawal From 401k Plans Without Penalties Be Helpful To Economy?

10.19.2009 · Posted in 401k
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In the present economy, what would be the impact of allowing folk a one time withdrawal from their 401k plans without the penalties to pay down debt, catch up behind payments, do home repair or to make targeted purchases to help stimultate the economy. I’m thinking a maximun of 20% of their present balance. And ...

Is There A Max Amount You Can Contribute To 2 Seperate 401k Accounts If You Are Married Filing Joinly?

09.01.2009 · Posted in Uncategorized

My wife’s company just added a 401k and I am considering contributing to it but was wondering if there are limits to max 401k contributions if we file married/jointly? I currently max out my 401k account and I know with our combined income status IRA contributions are no longer tax deductible so I am ...