RolloverSystems Expands IRA Choices with Addition of Schwab to Network
CHARLOTTE, N.C. (September 22, 2004) ? RolloverSystems, Inc., the leader in technology-based 401(k) rollover solutions, announced today that Charles Schwab & Co. Inc. will begin offering Individual Retirement Account (IRA) rollover products and services through the RolloverSystems Network.Available free online at www.rollovermarket.com, RolloverSystems' rollover tool allows workers who are changing jobs to easily compare multiple Rollover IRA offers from competing top-tier financial institutions, select the offer that best meets their investment needs, and quickly complete the transfer of their retirement savings from their former employer's 401(k) plan to their new IRA.Schwab joins a growing roster of financial institutions offering Rollover IRA products and services as members of the RolloverSystems Network, including Fidelity Investments, J.P. Morgan Chase, TD Waterhouse, and Harrisdirect."The addition of Charles Schwab & Co.
to the RolloverSystems Network, with its tremendous range of investments, approximately 285 branches nationwide and award-winning online customer service is major news for any job changer who has savings in a 401(k) plan and wants to stay on track to a financially secure retirement," said RolloverSystems chief executive officer Reginald Bowser.
"Nowhere else can a 401(k) plan participant instantly compare and complete a Rollover IRA from a top-tier financial institution like Schwab."Using RolloverSystems' unique technology, a 401(k) plan participant can choose a Rollover IRA offer and complete the paperwork needed to transfer the funds to the new IRA in as little as 15 minutes ? dramatically simpler and faster than the traditional rollover process, which can take up to eight weeks to complete."Many job changers are put off by the traditional rollover process, which is cumbersome and time-consuming," Bowser said. "Now people can access the world-class investment offerings of our participating financial institutions, make an intelligent and informed decision about their financial future, and regain a sense of control over their retirement planning."About RolloverSystemsRolloverSystems is the leading provider of technology-based 401(k) and 403(b) rollover products and services for financial institutions, plan sponsors, and HR technology companies. The company helps financial institutions capture new Rollover IRA customers and selectively retain corporate retirement plan assets as Rollover IRAs. In addition, RolloverSystems helps plan sponsors and plan providers save time and money by outsourcing rollover transactions and enabling more terminated participants to select a rollover option.
The company operates the only open exchange that matches retirement plan participants with a network of top-tier financial institutions.
For more information on RolloverSystems, please visit www.rolloversystems.com.About Charles SchwabThe Charles Schwab Corporation (NYSE/Nasdaq: SCH) through Charles Schwab & Co., Inc. (member SIPC/NYSE), U.S. Trust Corporation and CyberTrader, Inc., and its other operating subsidiaries, is one of the nation's largest financial services firms in terms of client assets.
The Charles Schwab, U.S.
Trust and CyberTrader web sites can be reached at www.schwab.com, www.ustrust.com and www.cybertrader.com.This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above..
Q & A: Stretching an IRA
(ContentDesk) June 7, 2004--Many of you are interested in using your IRAs to generate tremendous wealth for you and your children. My recent articles on the topic have generated tens of thousands of hits on the internet in just a couple weeks. In this article, I will share responses to questions from readers that explain the details of ?stretching' your IRA.(A list of previous articles on ?stretching' your IRA can be found at the end of this article or you can go to www.guardingyourwealth.com now and find them in the article archives.)Remember, your beneficiary is not required to take all the money out of your IRA right away. If they did, they could lose almost half of it in taxes. Instead, the can ?stretch' it by taking distributions over their lifetime, allowing the remaining money to continue to grow tax deferred.
Your beneficiaries can even name beneficiaries so the tax-deferral can be continued should...
Q & A: Stretching an IRA
Ira > Q & A: Stretching an IRA
The Four Stages of an IRA
Copyright 2006 Damon Clifford
With all these different names and terms being thrown around in the financial community, it can get very confusing on what something is, and what it is not.
How many times has it happened to you?
Let me go through and explain the four stages of an IRA.
Stage 1 ? Regular IRA
Everyone knows what the traditional IRA is.
It is what most of us have our money in.
We call up Fidelity, Charles Schwab, or Merrill Lynch and give them our money.
With this IRA, they make the investment choices for you.
They charge you for this, as they are managing your money.
It could be either fee based or commission based depending on the custodian you chose.
Stage 2 ? "self directed" IRA
Stage 2 takes it a little step further.
You still have your money with Fidelity, Charles Schwab, or Merrill Lynch but they allow you to make the decisions.
...
Ira > The Four Stages of an IRA
Nexus Financial Management Explains How High Income Taxpayers Can Take Advantage of a Roth IRA
Jacksonville, FL (ContentDesk via ContentDesk Direct) July 17, 2006 -- The Tax Increase Prevention and Reconciliation Act (TIPRA) recently signed by President Bush eliminates the $100,000 Modified Adjusted Gross Income (MAGI) ceiling and the married taxpayer joint filing requirement for converting a traditional IRA into a Roth IRA, but not until the year 2010. All other rules continue to apply, which means that the amount converted to a Roth IRA will still be taxed as income at the individuals highest tax rate. Under current law, single taxpayers with MAGI of more than $110,000 cannot contribute to a Roth IRA; or married taxpayers with joint income in excess of $160,000. However, by eliminating the income ceiling for conversions, the income limits on contributing to a Roth IRA have essentially been removed as well. In 2006 and 2007, individuals can contribute up to $4,000 per year to a nondeductible traditional IRA ($5,000 if age 50 or...
Nexus Financial Management Explains How High Income Taxpayers Can Take Advantage of a Roth IRA
Ira > Nexus Financial Management Explains How High Income Taxpayers Can Take Advantage of a Roth IRA
Brand New Employer Sponsored Plan Is A Hybrid Of A Traditional 401(K) And A Roth Ira-January 1st, 2006 Is Start Date For New Roth 401(K) Retirement Savings Plan
(ContentDesk) December 7, 2005 -- Income tax rates have been cut, the marriage penalty done away with, and the "death tax" is also on a path to no more.
All of this is a result of the Bush administration's Economic Growth and Tax Relief Reconciliation Act which was passed by a Republican congress in 2001.
Another provision of that act goes into effect on January 1st, 2006, a hybrid of a traditional 401(k) and a traditional Roth IRA called the Roth 401(k).
Yet another employer sponsored savings plan, the new Roth 401(k) works in almost the same way as a traditional 401(k) plan.
Workers invest a portion of their income into a fund along with contributions from their employer (if any).
The difference is that the traditional 401(k) is funded with "pre-tax" dollars and the Roth 401(k) plan uses "after-tax" dollars.
However, with the Roth 401(k), withdrawal of your money at retirement will be tax free like a Roth IRA.
The traditional...
Ira > Brand New Employer Sponsored Plan Is A Hybrid Of A Traditional 401(K) And A Roth Ira-January 1st, 2006 Is Start Date For New Roth 401(K) Retirement Savings Plan
You Can Do What With Your IRA!?
Copyright 2006 Damon Clifford
Everyone knows you can invest in stocks, bonds, and mutual funds with your IRA.
About 97% of the trillions of dollars of IRA funds are invested in these types of assets.
Did you know you can also invest your IRA funds into non-traditional assets like real estate, energy, and tax liens?
What!?
Yes, you can invest your IRA funds into a house, a duplex, or a commercial building along with many other non-traditional assets.
A lot of people are choosing these types of investments to better diversify their retirement portfolio.
These are the people that don't want to see their portfolio rise and fall dramatically due to stock market fluctuations.
Any good broker will tell you to keep your portfolio diversified with many different stocks, bonds, and mutual funds.
More savvy investors say to keep your portfolio diversified with many different assets such as stocks, bonds,...
You Can Do What With Your IRA!?
Ira > You Can Do What With Your IRA!?
Womens Hair Loss ? What Should You Do?
Womens hair loss is almost as common as mens, and more common than many realise. And as her hair is a more important part of her look, womens hair loss can cause more severe psychological distress for women than for men. For men, hair loss can be a normal, if unwanted, part of life. Many men just choose to live with it. But womens hair loss can be very distressing.
Hair loss can be socially acceptable for men, even fashionable, but for women it is not.There can be many reasons for womens...
RolloverSystems Expands IRA Choices with Addition of Schwab to Network hair loss Ira
Ira > Womens Hair Loss ? What Should You Do?
Phone Tips To Get Things Done: Professional Phone Skills
It happens all the time, you hear someone over the telephone and you make a generalization about the person you are speaking with. It may not be fair and it is akin to judging a book by its cover, but it's true nevertheless. Within 60 seconds, people will make assumptions about one's education, background, ability and personality based on their voice alone. What type of impression is your "phone" voice making? Indeed there are two areas you should be aware of when speaking. One is "what...
RolloverSystems Expands IRA Choices with Addition of Schwab to Network Ira razr phone Phone Tips To Get Things Done: Professional Phone Skills
Ira > Phone Tips To Get Things Done: Professional Phone Skills
Happily (and Hot) Ever After - 7 Ways to "Make" More Love in Your Marriage
Life's daily grind can make you feel like the passion in your marriage is fading faster than Britney Spear's Vegas nuptials. Discover how to rekindle the spark between you and your spouse."Love is not a matter of chance; it's your choice," says Mort Fertel, author of Marriage Fitness: 4 Steps to Building & Maintaining Phenomenal Love.A sought after public speaker on marriage and the world's premier marriage coach, Fertel wrote Marriage Fitness to provide a step-by-step system for building lasting...
RolloverSystems Expands IRA Choices with Addition of Schwab to Network Ira
Ira > Happily (and Hot) Ever After - 7 Ways to "Make" More Love in Your Marriage
Develop a strategy for dealing with hair loss.
The fact you are reading this probably indicates you have concerns about the rate of your hair loss. Baldness may sometimes be a source of amusement to those with a full head of hair, but premature hair loss at any age can be the cause of intense concern to those affected.But you can do something about this! By following the guidelines suggested in this article you will place yourself in a position to identify a hair loss treatment that not only works but also fits in with your lifestyle and preferences.To...
RolloverSystems Expands IRA Choices with Addition of Schwab to Network hair loss Ira
Ira > Develop a strategy for dealing with hair loss.
Saving Money With Discount Office Chairs
Discount office chairs often refer to office chairs that are available for purchase at a substantial cost savings for the buyer. It is important to be an informed consumer when purchasing a discount office chair. An office chair should be made of durable material that will withstand intensive use. It is equally important to ensure that discount office chairs offer a good ergonomic design that will allow the user to remain comfortably seated for long period of time.
Discount...
Ira > Saving Money With Discount Office Chairs