Angela C asked:

I am looking for an agency to take my 401K to but unsure of where to start but I know I want to put it into a growth stock mutual fund.
Should I withdraw my funds first or contact (insert name here)?
Thanks!


Question posted courtesy of: Darrell

vsdbk asked:

Can I have an IRA and also a 401K plan at the sametime?

I am planning on getting a Traditional IRA plan so I can put away $4000 tax free for this year. However, my company may possibly introduce a 401K plan soon.

If I invest $4000 in an IRA account this year, and if my company introduces a 401K plan a little later this year, am I allowed to contribute to both IRA & 401K plans in the same year?

FYI, my filing status is married filing jointly and my wife has a 401K plan at her work place.

Would appreciate any guidance here. Thanks.


Question posted courtesy of: Raul

lainey asked:

I want to add someone as a beneficiary to my 401K, who lives in Germany. I can’t find any regulations on this. Does anyone know if it’s possible to select a beneficiary outside the US?


Question posted courtesy of: Julie