Should I Use My Retirement Fund to Cover Urgent Financial Needs?

Retirement

According to a recent survey, more and more Americans today, especially those in the working class, are turning to their retirement funds in order to finance an urgent need. These individuals either withdraw cash from their IRA, 401(k) or 403(b) funds, or borrow money against qualified retirement accounts.

Now, are you tempted to do the same? If your answer to this question is yes, then we advise you to pay close attention to the remainder of this article. Below we have listed three questions …

8 Tips For Year-End SMSF Planning

SMSF Planning

As the self-managed super fund (SMSF) continues to soar high, the responsibility of the trustee also tightens up. The SMSF’s sustainability remains one of the biggest challenges for everyone in the group. How to accomplish a seamless year-end in terms of the fund’s viability is a thorough rain-check to prevent any unresolved concerns that can eventually affect the fund’s financial standing.read my latest blog post at http://www.retirementplanningconnecticut.com/why-bankruptcy-is-a-greater-issue-for-smsfs/

8 Practical Tips To Do

1) Contributions.

For the fund to continue to grow each member must contribute …