401K Financial Planning

asked:


I contributed $25,000 towards a retirement plan at Conseco Insurance Company, and need to withdraw the total amount for a home purchase now. This was an after tax contribution of $25,000 that started the retirement account. Now the balance is a little over $32,000, and I need to purchase a home and withdraw the entire amount. For tax purposes, how much should I have them withhold for state of michigan taxes and the federal government (IRS) taxes?

Consumer Debt Counseling

sirish asked:


The business is a CCPC (Canadian-Controlled Private Corporation) and the owner will be ending the business due to retirement. There are some liquid corporate assets that exist within the corporation. Is the only option to cash out all the assets at once and take a huge tax hit, or may the owner keep the corporation running and take out liquid assets each year to cover living expenses (thus not taking as much of a tax hit)? Any links to information would be much appreciated.

Propane Prices

Riggy asked:


When should one start planning for retirement years and what is the best retirement plan?

Used Car Loans

MATADOR asked:


I am planning on having surgery out of the country, since the surgery in US is too expensive, I am thinking to use the money I had saved in my retirement account( IRA) .
Can I use this money without paying a penalty?
Since is for health reasons.
Does it matter that the surgery will be performed in another country?

Wedding Shower

Been here before asked:


I’m currently 21 years old. I was told a while back about a plan to start saving when you’re 25 (or about that) and save one million dollars by the time you retire. What age are you supposed to start? How much are you supposed to save? Should I be saving for retirement already at 21?

Auto Accident Attorney

hollyg asked:


I’m going to Florida with my family (mom, little sis and brother). We’re staying with my grandma who lives in a retirement community type thing. They have their own houses but they’re all old people. I’m 17 years old and how can I make this fun?

Used Laptop Parts

Kathy - just asking asked:


I live in Texas and I have my eye on an Activities Director position for an active retirement community that will open next spring. My background includes event planning, volunteering, marketing and property management, but no formal Activities Director experience. What certification or training might I get into in order to make me a more desireable candidate for this position?

Interest Only Loan

James D asked:


Can you describe a situation where this would be important. Thank you for your help with understanding this kind of retirement plan.

Loan Applications

Pretty Sakura asked:


Apart from working hard since you were young, what makes you assure your happy retirement life?

Used Motorcycle Prices

asked:


Even without cuts its going to be a pretty bleak retirement.

You better have a paid for house & car & no debt & low taxes and like to eat cheap food.

Student Loan Program