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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

Thank heavens she had sense enough to ignore that advice. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA. The bond market was at a high at the time.

Money 170
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How Long Should You Keep Financial Documents

Family Balance Sheet

Keep the quarterly statements for your 401k or other IRA accounts until you receive the annual statement. Thanks for reading. Keep records permanently for nondeductible contributions to an IRA to prove that you already paid taxes on this money when it is time to withdrawal. Check for any discrepancies. I would love to hear about it.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Crystal from Stupid Cents talks 401k Allocation and where to put your money. Thanks for the honesty. Thanks for letting us know your secret. Tim from How to Make Bankable Savings discusses Buy Versus Rent: Non-Financial Considerations are Ke y The decision to buy or rent your home involves more than a financial analysis.

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Why We Left Traditional Health Insurance

Family Balance Sheet

In October 2003, I left a career as a department store buyer with a nice paycheck, paid vacation days, 401k match, profit sharing, and health benefits, to pursue a life of self employment with my husband where all of those things are up to us. I can’t believe it’s been that long.

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Meet a Reader | Kim from Iowa

The Frugal Girl

I just wanted to get away and I moved my 401K money to the advisor they referred me to. I love how many people out there are making Christmas cookies with eyes, thanks to my children’s creativity. ? What’s an embarrassing money mistake you’ve made? One big one is when I left my toxic job. Did you ever go there?

Iowa 166
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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Thanks for your consideration. Bob presents 401k Hardship Distributions: What you need to know posted at ChristianPF , saying, “Hopefully you don’t know what hardship distributions and hopefully you will never need to know. The key is to finding out what they are, then determining which are marketable!

Money 133
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Totally Money Blog Carnival #18 – 6 Ways to Save Money Edition

Prairie Eco-Thrifter

Thanks Jeffrey for giving us some new ideas on how we can help others. Ramsay presents Borrowing From Your 401k. Among the many benefits afforded to many 401k participants is the ability to borrow funds from the account for personal purposes. Thanks for the tips SPF. They are definitely worth a try.