Frequently Asked Questions
For your convenience, we have developed a list of the most common question our perspective clients ask during their search for a money manager.
If you want to know more—or have a specific question - Please feel free to contact us. We're happy to answer any questions you have.
Answering Your Retirement Plan Questions
While it is usually preferable to save as much as possible for retirement, you should do so within your means.Read More
There are two types of 401(k)s: traditional and Roth. The main difference between the two types are the way taxes are handled.Read More
Required minimum distributions, or RMDs, are government mandated withdrawals that begin to affect 401(k) and IRA owners and their beneficiaries when they reach a government-mandated age or at death. Those that inherit a 401(K) or IRA from a deceased party may also be subject to RMDs depending on the type of account they inherit, the age of the decedent, and whether RMDS have already been taken. This is a highly complex subject and should be discussed with a qualified tax professional before beginning to take withdrawals.Read More
A 401(k) is an employer-sponsored retirement savings account, which gives employees the option to contribute a percentage of their salary or a certain dollar amount.Read More
An individual retirement account (IRA) is a tax-advantaged investment vehicle set up at a financial institution that allow you to make investments to help save for retirement.Read More
A rollover is when you move assets from one eligible retirement plan (a 401(k), for example) into a new or existing tax-advantaged retirement account. Many people may elect to roll over a 401(k) when they retire or leave their employer.Read More
It is prudent to discuss any IRA withdrawal strategy with a tax adviser beforehand as individual circumstances can vary.Read More
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For personal, friendly assistance, contact a Fisher Investments' representative in your area.