Financial Blog
Active Uniformed Services Benefits
Who is an active duty servicemember? An active duty servicemember is an individual serving full-time in the active military service of the United States. This includes members of the Reserve Components serving on active duty but doesn’t include servicemembers serving on full-time duty in the National Guard. All military servicemembers,… Read More
Military Benefits – What is it?
Military Benefits – What is it? As a current member or veteran of the U.S. armed forces, you may be entitled to a number of military benefits. The term benefits, as used here, includes military pay as well as other programs set up to improve the lives of military personnel.… Read More
As a servicemember, how can I protect myself against identity theft?
Protect myself against identity theft These days, anyone can fall victim to identity theft and servicemembers might be relatively easy targets. Because servicemembers are away from home for long stretches of time and receive a steady source of income, it’s easy for scammers to obtain a servicemember’s information without being… Read More
Six Potential 401(k) Rollover Pitfalls
Six Potential 401(k) Rollover Pitfalls You’re about to receive a distribution from your 401(k) plan, and you’re considering a rollover to a traditional IRA. While these transactions are normally straightforward and trouble-free, there are some pitfalls you’ll want to avoid. 1. Consider the pros and cons of a rollover The… Read More
Rolling Over Funds from an Employer Retirement Savings Plan: What You Need to Know
Rolling Over Funds from an Employer Retirement Savings Plan: What You Need to Know Why consider a rollover? When you roll over a distribution from a 401(k), 403(b), or governmental 457(b) plan, you generally don’t pay any taxes until you receive a distribution from the new plan or IRA. If… Read More
Leaving Your Job? Your Retirement Savings Plan Options
Are you leaving your job and considering whether to take a distribution from your 401(k), 403(b), or governmental 457(b) plan? if so, make sure you’ve considered all your options. In general, you have the following four options when you’re eligible to receive a distribution from your employer retirement savings plan.1… Read More
Nuts and Bolts: How to Roll Over Your Employer Retirement Plan Assets
Nuts and Bolts: How to Roll Over Your Employer Retirement Plan Assets There are two types of rollovers: direct and indirect. A direct rollover is paid from your plan directly to your IRA or to your new employer’s retirement plan. The funds are never payable to you. An indirect (60-day) rollover is a… Read More
What is Rolling Over A Retirement Account ?
Retirement Account Rollovers A rollover is the movement of funds from one retirement savings vehicle to another. You may want to make a rollover for any number of reasons — your employment situation has changed, you want to switch investments, or you’ve received death benefits from your spouse’s retirement plan.… Read More
Choosing an Entity
Choosing an Entity What is an entity? To start a business, you must first decide what form your business will take — in other words, you must choose an entity. You, the business owner, create the entity. You give the entity its existence and its name. It may live independently… Read More
Choosing a Name for Your Business or Product
Choosing a Name for Your Business or Product What is it? Naming your business or product is an important marketing decision. The name you choose will position your business or product in people’s minds, affect the image you project, and have a major impact on your success. Your corporation must… Read More