Does anyone currently have this type of account through Bank of America? If so, what are some good fund families to invest in?
Browsing Posts published in June, 2010
Should I just focus on the money that will be paid into these retirement accounts even though they will eventually become liquid at retirement? Also, how do PA and federal law differ?
All I can really think of with consequences is, like i said, the fact that you have to pay into the accounts/have your employer take money from your paycheck and put them into the accounts.
Thanks in advance for the help
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A mutual fund is a pool of investments placed in a number of different securities by a mutual fund company. An IRA is similar to a mutual fund, except that IRA contributions are made post-tax and have to be made and withdrawn in specified amounts. Choose between a mutual fund and an IRA with help from a financial consultant in this free video on investments. Expert: John Pinelli Bio: John Pinelli is a financial service broker for Northwestern Mutual Insurance. Filmmaker: Bing Hu
My husband’s company is closing the profit sharing account, the participating employees are getting the funds in cash not stocks.
