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There’s Still Time To Contribute to your 2015 IRA

Despite the date on the calendar, 2015 is not over yet! Whether you have a Roth or Traditional IRA, you still have time to make your contribution count towards 2015. In order to capitalize on a 2015 contribution, you must open an account (if you don’t already have one) and make a contribution before the…

I have already maxed out my Roth IRA, and my job does not offer 401K.

Where else should I invest in for my retirement? Can I invest in traditional IRA after I maxed out Roth IRA? by Matthew Crisafulli This is the answer to a question originally posted on nerdwallet.com If you have already maxed out your Roth IRA for the year, you CANNOT contribute to a traditional IRA in…

How often can I make changes in my 401k?

Generally, you can make changes in your 401k plan as often as you want; I use the word generally because employers can impose their own restrictions to prevent employees from trading in their 401k plans. ACap strongly advises against actively trading in your 401k or try to time the markets. Rather, rebalance your portfolio on…

June 2014 ACap ReCap

1. Can I use my credit card to pay my mortgage or student loan?
2. Does a 401k loan affect my credit?
3. Why does my student loan balance keeps rising even though I make payments?

May 2014 ACap ReCap

1. Can I convert a portion of my IRA to a Roth IRA?
2. Can I withdraw money from my 401k to purchase a house?
3. What if I buy a stock just before it pays a dividend and then sell it?