Tag: 401k

Should you withdraw and reinvest your retirement plan money while you are still on the job? Did you know you may be able to take your 401(k), 403(b), or 457 plan and roll it into another type of retirement account while you are still working? We often have clients here at Kendall Capital wondering if … Continue reading “The Pros and Cons of Early Retirement Plan Rollovers”

Here is what you need to know. Financially, many Middle-Class Millionaires associate April with taxes – but we should also associate April with important IRA deadlines.   April 15, 2021 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. Your advisor at Kendall Capital can help you navigate through and … Continue reading “2020 IRA Deadlines Are Approaching”

Things you can do for your future as the year comes to and end. What financial, business, or life priorities do you need to address for the coming year? Now is an excellent time for Middle-Class Millionaires think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement … Continue reading “Annual Financial To-Do List”

Some life and financial factors that Middle-Class Millionaires sometimes overlook. We all have our “blue sky” visions of the way retirement should be, yet our futures may unfold in ways we do not predict. So, as our clients at Kendall Capital think about their “second act,” we encourage them to consider some life and financial … Continue reading “Retirement Blindspots”

Numbers for Middle-Class Millionaires to know for the new year. On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although this year’s adjustments will not bring any major changes, there are some minor elements to note. Clark Kendall recently told WTOP news that contributions limits are based upon inflation, … Continue reading “2021 Limits for IRAs, 401(k)s and More”

When it comes to retirement, some women face obstacles that can make saving for retirement a challenge. Women typically earn less than their male counterparts and often take time out of the workforce to care for children or other family members. Added to the fact that women typically live longer than men, retirement money for … Continue reading “Conquering Retirement Challenges for Women”

Should you withdraw and reinvest your retirement plan money while you are still employed? Did you know you might be able to take some or all of the money in your 401(k), 403(b), or 457 plan and roll it over into another type of retirement account? Were you aware that you could do this while … Continue reading “The Pros and Cons of In-Service Retirement Plan Rollovers”

If passed, it would change some long-established retirement account rules.  If you follow the news, you may have heard of the Setting Every Community Up for Retirement Enhancement (SECURE) Act. Although the SECURE Act has yet to clear the Senate, it saw broad, bipartisan support in the House of Representatives. This legislation could make Individual … Continue reading “What the SECURE Act Could Mean for Retirement Plans”

Have you recently changed jobs or retired?  Not sure what to do with your retirement savings plan?  If so, we suggest completing either a direct transfer to your new job’s retirement plan or requesting an IRA rollover – a common and useful financial move – so you don’t leave your money behind. Rollovers between workplace … Continue reading “Tips for Rollovers and Withdrawals from Employer Retirement Plans and IRAs”