Frugal Village Forums banner
401k
1-16 of 54 Results
  1. Dave Ramsey
    I know that Dave says matched funds, then Roth, then unmatched funds. However, he also talks alot about compound interest. I have about 35K in my 401K. Is it better to start a Roth from scratch, just add it all to my 401k, or do it like Dave says? Which way will I come out best?
  2. Debt Reduction & Money Management
    Now that we are completely debt-free, I was thinking about increasing the amount put in to the 401k. me: sahm... him: 35... us: 1 child (college fully funded, not an issue, can not be touched since it is a me/ex thing) The funds/distribution to each is not changeable since it is through his...
  3. Dave Ramsey
    Hey guys, new member here and am wanting some input. My wife and I have been doing the Dave Ramsey system for roughly months now. I recently switched jobs and now i have to decide what id like to do with my old 401k (with merrill lynch). My new company has T Rowe Price so i have to do...
  4. Debt Reduction & Money Management
    I just want to deal with one scenario here. Let's ignore any other factors for now. I'd like to pay off my student loans totaling around $110k as quickly as possible, or at the very least knock out the two high interest ones as quickly as possible, those two also have the highest balance. I...
  5. Debt Reduction & Money Management
    Our 401ks have lost about 20% of their value in the past few weeks. It is making me sick. I stopped our contributions a couple hours ago for our next paychecks because right now I feel like we're just throwing money up in the air. The extra money in our paychecks will be put into EF. I am...
  6. Dave Ramsey
    I know this question has been posted before, and I've seen a variety of opinions... but we have what is I think a somewhat unique situation. We're in BS2. Company matches 6%, at 100%. Hard to pass up. They also contribute 2% to 401k no matter what I do. I am currently contributing 6% + the...
  7. Debt Reduction & Money Management
    The company I'm working for offers up to a 5% match on base salary after you've worked there for 1 year. I'm allowed to opt-into the plan after 1 month, but without the match. My first thought was to not bother until the match is offered, since our next goal is saving for a house and we want...
  8. Debt Reduction & Money Management
    I'm in the middle of a rollover from my old 401k to a new IRA. It's a matter of around $48k so obviously, I'm eager to make sure this happens smoothly. I've been waiting with growing impatience on my plan administrators to get their arses in gear on this. Today, I logged in and saw this...
  9. Dave Ramsey
    I am in a matching 401k at work, and I have taxes taken out pre-investment, so there will be a tax free withdraw. Is this what DR recommends, as most of the time I see him recommended Roth IRA's, which come off the top of your income, but tax is taken out when you withdraw. Can anyone...
  10. Debt Reduction & Money Management
    I am in a situation where I may lose my job by the end of the year, as I have stated in a previous thread. It's not going to be a layoff, it's going to be termination, if it happens. I do not want to get into details, but I was recently suspended and I am fighting it with our union, but things...
  11. Debt Reduction & Money Management
    The company I work for will match 75% of up to 5% that I contribute to my 401K but I am still torn about what to do. Currently I contribute 3%, something I have always done, but I'm not sure if I should increase it to 5% or continue snowballing. Or, go extreme and cancel the 3% and throw it...
  12. Dave Ramsey
    We are Gazelle intense and completed BS2 a couple of months ago and halted our 401k to do it...I am understanding that DR said not to start our 401k again until BS4...am I correct?
  13. Debt Reduction & Money Management
    This morning, listening to Dave archives, I heard him mention that the stock market is back up 40% from March of this year. So I opened up the old 401k plan, and saw a number in there I didn't expect to see again. Without getting into actual dollars, year to date, mine has gained/recovered...
  14. Debt Reduction & Money Management
    Okay, here's the sitch: We want out of this house. I really want to move into the neighboring town to get the kids into a better school district. However, we need to fix the bathroom and the front window before anyone would even consider buying this place. So, here are our options: 1)...
  15. Debt Reduction & Money Management
    The co. I worked for 3yrs ago did their 401k match in co. stock. If I roll this into something else will it get rid of that co's stock? It is about 2/3rds of the total and that makes me very nervous. Should I roll it into my current employers plan, they do not match, or should I put it in...
  16. Blog
    ...And How to Fix Them With the death of defined pension plans, 401(k) retirement plans have become a staple for many employees, but the recent financial turmoil has put these once infallible savings vehicles under the microscope. There have been numerous news articles detailing the stunning...
1-16 of 54 Results
Top