http://laidoffinsandiego.com How to invest retirement dollars in an IRA Rollover when you leave your company Fri, 04 Sep 2009 16:59:09 +0000 http://backend.userland.com/rss092 en IRA accounts are designed for retirement. If a person decides they want to access their account prior to age 59 1/2, they will incur a Federal Income Tax penalty for early withdrawal of 10% of the amount withdrawn. In addition, the amount withdrawn is deemed ordinary income and taxed as ... http://laidoffinsandiego.com/2009/09/transfer-of-partial-ira-account-balance-subjects-periodic-payments-to-10-penalty/ There are probably as many perceptions of what a financial Advisor is, or should be, as there are people who hire them. Let me take a little time and a few pixels to comment about this. For those who value an Advisor for their ability to deliver positive investment returns year ... http://laidoffinsandiego.com/2009/08/what-to-expect-from-a-financial-advisor/ If your 401(k) investment options suck or if they are just plain too expensive and eat up your retirement returns while feathering the bed of the plan's broker, move your money where you can control your investment options and fees. Let's say you now age 60 and don't plan to retire ... http://laidoffinsandiego.com/2009/02/flee-401ks-fraught-with-frightful-funds-and-frivolous-fees/  Under current law, Qualified Retirement Plan (QRP) Participants are able to roll over taxable distributions from qualified plans and IRAs to 403(b) and government 457 plans, in addition to other qualified plans and IRAs. But be sure you look before you leap, these plans are not be required to accept rollovers. QRP ... http://laidoffinsandiego.com/2009/01/faqs-rollover-rules/ A weak housing market and decreased consumer spending raised the state's jobless rate to its highest level in 14 years By Dean Calbreath (Contact) Union-Tribune Staff Writer 2:00 a.m. January 24, 2009   The construction sector (left) accounted for the highest number of job cuts in 2008. Linens 'n Things was among several retailers ... http://laidoffinsandiego.com/2009/01/california-jobless-rate-soars/ I am going to give you some advice that could mean the difference between an "enjoyable" retirement one day and a "just get by" retirement. In this post, I will share with you principles that will really make a difference and keep you out of the kind of trouble even ... http://laidoffinsandiego.com/2008/12/how-should-i-invest-my-ira-rollover/ IRA Rollovers _______________________________________________________________________________________________________ Frequently Asked Questions What is an IRA Rollover? An IRA Rollover is a tax-free transfer of funds from a tax-deferred plan, such as a 401(k) plan, Thrift Savings Plan, Defined Benefit Plan, 403(b) Plan, etc., to a traditional IRA. An IRA Rollover can be done when an employee changes jobs, is ... http://laidoffinsandiego.com/2008/11/ira-rollovers-faqs/ The San Diego Union Tribune reported on September 20 that SAIC would be laying off 89 workers on November 1, 2008. If you are among those 89 workers, you have several forward-looking decisions to make, one of which is what to do with your retirement money you accumulated while at ... http://laidoffinsandiego.com/2008/11/getting-laid-off-from-saic/