Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    FinancialSuccessInstitute.org Announces Free New Resources for Subscribers to Maximize their 401K Contribution

    PRWeb – Tue, Jan 10, 2012

    Financial Success Institute today announced it is in the process of developing new 401K contribution maximizing resources that subscribers will find useful. The tools and resources enabling readers to maximize their 401K contribution for tax year 2012 will be in place on the website by the end of January.

    Fairfax, VA (PRWEB) January 10, 2012

    Richard Geller, CEO and managing director of FinancialSuccessInstitute.org, stated today, "It's a new year and time for people to put the year's financial plan in place. That should certainly include planning for retirement and taking full advantage of making the maximum allowable 401K contribution. The Institute will put together a short guide and other resources making it easy for investors to consistently add to their 401K contribution."

    Geller adds, "The most important step to maximizing your 401K contribution is getting started. A May 2011 study by Aon Hewitt, a unit of Aon Corporation, of 120 large companies found 401K participation at 75.8% for eligible employees. However, 28% of participants were not making the maximum 401K contribution. No similar studies for small businesses exist. Still, FinancialSuccessInstitute.org is dedicated to helping small business owners both maximize their 401K contribution and then maximize the earnings of the 401K contribution. Readers will find this important article useful for planning this year's investments once they make their 401K contribution - Maximizing the Earnings of Your 401K Contribution.

    Geller continues, "An important part of the 401K contribution is the business or employer matching portion. Both the employee's 401K contribution and the matching business contribution are tax deductable. A tax benefit for both. At many small businesses, the employee and business owner are the same person. A good reason to maximize the 401K contribution from both points of view."

    Geller provides an example, "Making a maximum 401K contribution isn't difficult, but we at the institute want to make it as easy as possible for subscribers. The 2012 maximum employee contribution increased to $17,000. The basic formula investors need for determining how much to set aside for their 401K contribution is: [$17,000 - any amount already contributed] / number of pay periods remaining in 2012 = maximum 401K contribution. If no 401K contribution has been made and the investor is paid every two weeks the math is: $17,000 / 26 = $653 .85."

    Geller concludes, "Certainly, there are many variations to the exact math involved in determining how an investor reaches the maximum 401K contribution level. They may have already made a 401K contribution or a lump sum 401K contribution could be involved. Or their pay might be seasonal in nature. Of course, the employer 401K contribution needs to be considered as well. All of these and more scenarios will soon have resources at FinancialSuccessInstitute.org to make sure investors make the maximum 401K contribution for 2012."

    About FinancialSuccessInstitute.org. The institute is devoted to educating readers and subscribes about investing alternatives and safeguarding wealth once acquired. Information for maximizing their 401K contribution is only a small sample of resources available to subscribers. Besides details about the 401K contribution, other information readers can access includes investing in real estate, debt settlement, legally minimizing taxes, super trusts, and asset protection.

    Disclaimer: Information here and at FinancialSuccessInstitute.org is not legal or professional advice regarding an investor's 401K contribution or any other retirement account activity. It's intended only as general information sharing. Seek professional assistance regarding your specific circumstances and applicable laws to assure you understand how to maximize your 401K contribution or before taking any other retirement account action.

    ###

    Richard Geller
    401K Contribution
    703.637.9163 300
    Email Information


     

    There are no comments yet

    [ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['Titanic', 7]], 'http://news.yahoo.com/titanic-anniversary/', ' ', 'http://l.yimg.com/a/p/us/news/editorial/b/4e/b4e5ad9f00b5dfeeec2226d53e173569.jpeg', '550', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]
    [ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]

    News For You

    Loading...