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Category Archives: Uncategorized
Required annuitization of 401(k) accounts?
Does the U. S. of A. want to take away your 401(k)? I’ve had a couple of phone conversations lately about required annuitization of 401(k) accounts. (“Annuitization” means converting a lump sum into a monthly income stream.) It’s something the … Continue reading
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December 2010 newsletter
An MRP Plans, Inc. update… 1) The key limitation numbers for 2011 (and the old 2010 numbers) are: 2010 2011 Maximum annual benefit $195,000 $195,000 Maximum annual contribution $49,000 $49,000 Maximum 401(k) deferral $16,500 $16,500 401(k) deferral catchup (over age … Continue reading
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