Business directory to 401k rollover information and advice.www.business.com/finance/401k-rollover/
Retirement industry advisers and consultants.www.business.com/finance/retirement-consultants/
Companies that provide retirement plan benefits, including 401k plans and pensions. Get information on corporate retirement plans, or how to offer retirement benefits for employees.www.business.com/finance/retirement-plans/
401(k) plans allow employees to save for their retirement by contributing a portion of their wages to an individual account. Employers can also contribute to 401(k) plans in the form of employee benefits; be sure your 401(k) vendor can manage your employees’ investments wisely.www.business.com/finance/401k/
Learning about 401(k) plans key terms is a good place to start if you're considering starting up a retirement fund for your employees. From automatic enrollment to matching, after-tax and pre-tax contributions, 401(k) plans have several terms you may want to know before beginning one of these programs. Read More »
The 401k plan grew from a little known tax code loophole--which is where the 401k name came from--to the most common way workers invest for their retirement. This industry possesses trillions of dollars in allocated 401k retirement plan contributions. Read More »
Municipal bond funds are investment tools that are issued by cities, local governments, or redevelopment agencies. Unlike many investment materials, the monetary gain from the investment of municipal bonds is generally exempt from many state, federal, and local taxes.
Municipal bonds are available in two types: general obligation bonds and revenue bonds. General obligation bonds are usually voter-approved, and the principal and interest acquired from these bonds is secured by the credit of the issuer. Revenue bonds, on the other hand, are secured by the income from tolls, facility rent, or various project charges. These bonds are usually used to finance public works projects and include toll roads, bridges, and sewer treatment facilities. Furthermore, these bonds can be traded at any time upon purchase, and are not tied to any specific bond holder. Usually, these bonds are granted for a minimum of $5,000 and can increase by $5,000 denominations.
Another advantage of municipal bonds is that the repayment period for the loan can range from a few months up to 40 years or more. Not only does this allow bond holders to complete a project without substantial start-up funds, but it also helps avoid large interest rates and taxes.
For more information on municipal bond funds, visit the links on Business.com.