VIDEO | How To Rollover Your 401k

Published on Nov 19, 2012 Why do you need to know the details on how to rollover an old 401(k) plan? FULL ARTICLE HERE – http://bit.ly/UP7gZK – The average person holds 11 jobs from the age of 18 to 44, according to the Bureau of Labor Statistics, and for many of us that means 11 or more workplace retirement accounts. Because not all employer plans require you to leave the plan when you leave the company, you could end up with several, disparate retirement accounts. I like to use the analogy of being a babysitter when it comes to orphan 401(k) plans. Every time you leave an old an employer and start with a new, essentially you leave a child in a backyard. If you move between three or four different jobs over five to ten years, that means you’ll have several kids in several different backyards. The real question is how will you be able to babysit all of those kids and ...

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Keep The Trophy

We all have our pet peeves in life that get under our skin.Every season my kids are engaged in some type of sports program within the local community. They have played in many different sports, and the one thing that gets me each and every season is when the league decides to hand out participation trophies for all of the kids that lose. Look, after twenty years in the business world I can tell you exactly what you get paid for participating . . . nothing.  The big question we ask people at work is whether activity, effort, or result matters most. Unfortunately, many people believe at work that effort is what should count the most towards a reward system and not the results. It didn’t work that way when I started work after college twenty years ago and it doesn’t work that way today. Not only do I think these trophies are a complete waste of my good money ...

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