Self Employed Retirement Plans - 401k 2004 Limit

Self Employed Retirement Plans

Get a Free 401K rollover quote HERE!

Home 401K  Site Map

Links

What You Need to Know
If you're like most people, you have questions about your self employed retirement plans. You might be wondering how a self employed retirement plans works, exactly what a self employed retirement plans is, or how you can revive the dwindling balance in your self employed retirement plans.

What is a 401k plan?
A 401k plan is an employer sponsored retirement plan and is grouped into two categories-defined benefit and defined contribution. With a defined benefit plan, the employer promises to pay a defined amount to retirees who meet certain eligibility criteria. With a defined contribution plan, the plan defines the contributions that an employer can make and not the benefit that the employee will receive at retirement.

A defined benefit plan usually links the benefit to the amount of service and is based on the final average salary. Employees can usually predict the monthly retirement income they might receive with this type of plan and might also be given the choice of a lump-sum benefit at retirement.

A defined contribution plan is not a defined benefit so the employee cannot predict a monthly retirement income. If an employee leaves the company, they usually receive the proceeds in a current or deferred lump sum or annuity.

Self Employed Retirement Plans are very popular and an excellent way to plan for your retirement. As with any other investment, you do need to carefully watch your portfolio and make wise investment choices.

 

 

401k Rollover Quote

401k Rollover Quote

Please fill in the information below and receive your 401k Rollover Plan from a licensed local professional. You will also receive a free copy of "The Insider's Guide to 401k Rollover Plans " and a referral to a licensed local 401k professional.

First Name:
Last Name:
Sex: Male Female
Date of birth:
Address:
City:
State:
Zip:
Email:
Daytime Phone:
Evening Phone:
Best time to call
I am interested in receiving a cost quotation and benefit anaylsis regarding the following:
Plan type or plan desired:
How are your plan assets allocated? (What describes your investment risk tolerance?
If you are a current plan participant, when was the last time you reviewed your asset allocation?
I am interested in receiving specific information on the following: Check all that apply
Tax law changes regarding retirement plans
Sample asset allocations
Portfolio review
Plan administration services in my area
Vesting schedules
Special requests or other information

©Copyright 1999-2004 401k plans MGR Corp. All rights reserved.