401k Mistakes – Video Transcript We’re going to talk to you today about the 401(k) and the eight biggest mistakes that you’ll bump into with respect to that 401(k). We want to identify those for you because when the mistakes are made, oftentimes they are irrevocably done so and it can’t be fixed. Other times […]
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8 Biggest 401k Mistakes Part II
Video Transcript You’re watching Module II of the eight biggest 401(k) mistakes. Similar to Module I- we’re going to do this with a PowerPoint presentation and my voiceover on that presentation. So, we’re going to get started here with mistakes number five. Thanks for coming and I look forward to sharing this information with you. […]
Continue readingWhat is an IRA – Tax Basics
I’m John and I represent Rob Lamberts and the Asset Protection Training Program. We’re going to talk about IRA today and this is all the basic course, its IRA 101. IRA is an acronym that stands for the Individual Retirement Agreement, in the agreement through the law which was establish in 1974 through erisa law, […]
Continue readingRoth IRA’s 101
This is a Roth 101 basic class. ROTH is an IRA, and just like the IRA stand for individual retirement agreement. However it’s associated with Roth, Roth was a congressman who came up with it. It’s a personal savings account very similar to the IRA. It’s designed to provide us with supplements to what are […]
Continue readingShould you convert your IRA to a Roth?
This course is about converting her IRA to a Roth. Why would you convert to a Roth? The required minimum distribution does not apply, 100% of the income is tax-free, there is no income for conversions.So when you recharacterize, which means changing your IRA to a Roth, that creates a tax penalty and will create […]
Continue reading401k Working Employee Basics
I’m John and this is Rob Lambert with assetprotectiontraining.com Today we are going to talk about the 401K and how it affects the employee. I like all the plans that are designed to save money for retirement. 401k is just another one of those is very popular plan- most people know what a 401k, I […]
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