What you need to know before you roll over your 401(k) – The difference between a rollover and transfer

A 401(k) plan can be funded through several avenues including contributions, a transfer, and a rollover. In this article, we will discuss the key differences between a rollover and a transfer along with the key steps required to avoid costly penalties and unfavorable tax consequences.

401(k)Phillip R. ChristensonJanuary 18, 2021Phillip James Financial401k, Rollover, Retirement Funds

Last Minute Financial Moves before the year is over

Casey Bond over at GoBankingRates.com wrote about 12 last minute smart money moves to consider before the end of the year. Don't worry many of these suggestions can be done in 2014 as well. I was able to help with number 5 about Goal Setting, number 7 about Dollar Cost Averaging and number 8 about using your Flex Spending dollars. 3 out of 12 - not bad.

taxesPhillip R. ChristensonSeptember 19, 2017last minute financial moves, 401k, goals, tax loss harvesting, charitable giving