Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Related Finance Questions
I am trying to figure out the Excel formula to calculate an
Hi, I am trying to figure out the Excel formula to calculate an employer matching 50% of the dollar amount up to 4% for an employee's 401k. Thanks! … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,799 satisfied customers
I own a business (S-Corp) and last year had about $170K in
I own a business (S-Corp) and last year had about $170K in profit, and contributed about $30K to a SEP. For 2017, I'm planning to do the same, HOWEVER, I am also starting a traditional job in Dec in w… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,431 satisfied customers
I want more details on how I can maximize my deductions with
I want more details on how I can maximize my deductions with my sole proprietor business. I want to open a solo 401k for myself, and need more info on the calculations.… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,431 satisfied customers
Need help evaluating a job offer vs. the current earnings
Need help evaluating a job offer vs. the current earnings and potential at the pre-IPO company where I am today. What dollar value I need to show to the offering company to make the move worthwhile fi… read more
Richard
Richard
Owner
Doctoral Degree
4,600 satisfied customers
Have a 401k with a match. The match is up to 4% of the gross
Have a 401k with a match. The match is up to 4% of the gross wage. The employee earned $100k. They are over 50 so they contributed the max of 23k. So the match is 4000.00 Do they continue to pay the m… read more
PDtax
PDtax
Owner
Master's Degree
4,304 satisfied customers
My employer has a 401k plan and ESOP. I am 57 years old.
My employer has a 401k plan and ESOP. I am 57 years old. What is the maximum contribution limit for 2015? Is it 53K, or is it $59k for me? Also, Is there a requirement to contribute fully to each sour… read more
PDtax
PDtax
Owner
Master's Degree
4,304 satisfied customers
What 401k plan should I contribute to if my employer doesnt
What 401k plan should I contribute to if my employer doesn't match my contributions. I would like to retire when I am 55 ( I am 42 now). I can contribute $1375 per month which adds up to $17500 maximu… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,586 satisfied customers
I have an S-Corp and a Solo 401K. Ive been told that you
I have an S-Corp and a Solo 401K. I've been told that you cannot make just employer contributions if employee contributions are zero. You have to make employee contributions and then the employer has … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,635 satisfied customers
I am I 57 year old Single person I will make about $52,000
I am I 57 year old Single person I will make about $52,000 W2 reportrd income this year I already contributed $6,000 to my ROTH IRA Starting in July I will be eligible for my Companies 401k plan They … read more
Dave CPA
Dave CPA
Master's Degree
740 satisfied customers
Im a small business owner. I have a single-member LLC business
I'm a small business owner. I have a single-member LLC business (meaning I just file my business stuff on my personal taxes like a sole proprietor would) and I have one full-time employee. We have a 4… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
I am 30 years old and trying to determine my savings needs
I am 30 years old and trying to determine my savings needs and my 401k percentages. I am not sure about how the employer contributions work. Can you please explain this to me as simply as possible. Co… read more
JKCPA
JKCPA
CPA
Bachelor's Degree
844 satisfied customers
I am trying to understand what the following means Company
I am trying to understand what the following means: Company X will make matching contributions in an amount equal to 100% of the first 4% of employee compensation. All matching contributions are 100% … read more
datalog
datalog
Vice President
Bachelor's Degree
81 satisfied customers
i make over 100k a year and my company matches dollar for dollar
i make over 100k a year and my company matches dollar for dollar up to 10% of my pay and i also want to contribute 10% of my salary . which brings me to a total contribution of 20,000 dollars in savin… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
please show me how to setup my excel worksheet to do these
please show me how to setup my excel worksheet to do these functions or please setup an excel worksheet to do these functions and email to me: initial principal + xx% Bonus = plus annual compounded in… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
I am self employed with a single-member LLC - I want to set ...
I am self employed with a single-member LLC - I want to set up a self employed 401K plan with a 1 for 1 matching component. Is the matching rules the same as the profit sharing rules where the maximum… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,799 satisfied customers
What is the average 401K employer match for the Retail ...
What is the average 401K employer match for the Retail Industry in the Northeast Region with Revenues of at least $500 million.39294.711602581… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,799 satisfied customers
I am attempting to find data related to the percentage of ...
I am attempting to find data related to the percentage of 401k plans (in the U.S., or I can be more specific geographically, if necessary) in which the employer offers a matching contribution. Also, I… read more
Dave Z
Dave Z
Self-Employed
Bachelor
418 satisfied customers
My Employer is switching 401k plans, He pays 65% of the ...
My Employer is switching 401k plans, He pays 65% of the first 4% of my salary how does this compare with other 401k plans? Also do I have to reinvest into the new 401k plan or can I transfer that mone… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,197 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x