Archive for November, 2006

expenses
chemist asked:


I am planning to work in my current position for two years and then go to school for a full time MBA graduate degree. Can I contribute to my company’s 401k plan now and then withdraw the amount after 2 years to fund my college expenses without being subjected to the additional 10% penalty ? For this to happen, do I have to roll over the 401k savings to an IRA first, and then make the withdrawal for college expenses ? Are there any expenses involved in this process ?

Antone Elkington
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expenses
Peter_33 asked:


I heard that the Real Estate commission is 3%.
What about taxes and other legal expenses?
What % in Closing costs?

This is for a first time home buyer in Los Angeles, CA. Im planning on buying a repo

Joyce

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