Retirement Plans: 401(k)s, IRAs and Other Deferred Compensation Approaches (Pension Planning)
Retirement Plans: 401(k)s, IRAs and Other Deferred Compensation Approaches (Pension Planning)
Retirement Plans (formerly titled Pension Planning through the ninth edition) is a classic, the book relied upon by generations of faculty and thousands of professionals throughout the world. It reliably provides the reader with the features, costs, investment opportunities, and regulatory issues governing all the various types of retirement and other deferred compensation plans. The 10th edition keeps the book once again at the forefront of the discipline, with extensive coverage of the new Pension Protection Act, defined contribution plans, ethical plan administration, and much more.
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Question by SS: Retirement plan?
I’m 33 years old and make 33.000 a year. I’m married, but my husband only works part-time, so his income is not always the same.
I’m a permanent resident so if decide to go back to my country, can I keep contributing towards the IRA? I’m confused because in the bank they told me yes and when I contacted fidelity they said no way!
What is the right option for me?
I do want to start a retirement plan but I don’t want to loose the money if I moove to another country or start another one…
Any suggestions?
Thanks for you help!
Best answer:
Answer by Phyllis C
That depends on the monetary restrictions. Usually if you move out of country you can retain your IRA but may not be able to add to it as it’s a US Tax issue. I’d check with a financial advisor’s and put your concerns to them and see if there is a solution.
Know better? Leave your own answer in the comments!
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Review by Alhassan Elbarasse for Retirement Plans: 401(k)s, IRAs and Other Deferred Compensation Approaches (Pension Planning)
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This is a great book for all of you who are learning about retirement plans for the first time or like me, a seasoned professional, looking to have a guide I can always refer to at any time with any question. Great book! I’m glad they updated the book for PPA 2006!