On February 22, we answered a NJMoneyHelp question regarding how 401(k) loan rules have changed. This resulted in a follow-up question, which we are answering here.
Howard Hook, CFP®, CPA, CAP®
Have Rules for 401(k) Loans Changed?
There’s been a change in law about what happens to 401(k) loans that are not fully paid when you leave a job. Learn more.
Find the Best Retirement Plan for You
Saving for retirement seems like a straightforward goal. Yet nearly 50% of people wishes they were saving more. Part of the challenge is knowing where to keep it. Learn about some of your options, and the rules to consider.
When Can Medicare Part D be Opted Out of?
Medicare can be complicated. The New York Post asked us to answer this question recently: Can I opt out of Medicare Part D?
Can These Student Loans be Forgiven?
Are there any forgiveness or discharge programs available for graduates mired in debt?
How to Get Ready for the Tax Preparer
Tax season officially started this week, and the IRS maintains it is expecting to issue refunds within 21 days of when it receives and accepts a return – the same as always. Consider these tips to save your preparer time, and potentially save yourself money.
Giving to Charity This Holiday Season? Why the New Tax Plan Changes Everything.
About 12% of charitable giving happens in the last three days of the year. But under the new tax plan, many taxpayers won’t be able to deduct their donations. Howard Hook contributed to this article, outlining the new rules, explaining who can itemize, and reviewing some useful strategies.
Rules if You Inherit an Inherited IRA
How is the RMD of an inherited IRA calculated if that IRA was already also an inherited IRA? Read Howard’s answer.