The Alternative Savings Accounts
Because of the typically low interest rates that come with passbook accounts, some people just consider them a safe place to store money, and not really money earning investments. There are actually many types of savings accounts to choose from, each with different pros and cons. While all saving accounts are considered conservative investments, you can earn quite › Continue reading
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What happens to discontinued 401K Plan?
What happens to discontinued 401K Plan?
I have a 401K plan from my current employer; however, I am moving to another company soon which do not have a 401K plan. Now what happens to this balance or what should I do with that balance? Since I do not have much idea about this I would appreciate any suggestions that you may have. Thanks.
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Latest saving for retirement news – Fewer Americans Investing In a College Education While More Are …
How about these right… I think you’ll find the following nuggets of wisdom particularly insightful. Leave your comments below. Check out the second one in particular…
Fewer Americans Investing In a College Education While More Are …
More Americans saving for retirement instead of investing in a college education. Rising tuition and an uncertain economy could be casting › Continue reading
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Retirement Calculators – Release Your Fear About Retirement Saving With the Help of This Online Tool
One of the most pressing problems the country is experiencing today is people not saving enough money for retirement. It will most likely get worse as we continue to experience many of the problems we face today, such as higher unemployment and increased under employment.
We Americans are also not the best savers in the world, despite our relative prosperity. Many › Continue reading
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Make the Most of Your Savings Interest Rates – Stop the Bank Putting Your Money in Their Back Pocket
There is a common trend in the banks at the moment which has to do with savings accounts and savings interest rates. If you keep your savings with the same bank in the same account for a number of years, you would expect your bank to look after you. But they do not and actually take advantage of this.
The banks release a savings account. They advertise it, use it to › Continue reading
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How does a traditional 401k affect my W-2?
How does a traditional 401k affect my W-2?
I was unable to deduct student loan interest paid due to the fact that my income is above the thresh hold.
I currently contribute a large ammount of my paycheck to a Roth 401k. I am considering contributing to a traditional 401k instead so that I am below the threshold for tax benefits.
I am curious to know if my w-2 would still › Continue reading
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My employer doesn't match my 401K, should I start a personal Roth IRA?
My employer doesn't match my 401K, should I start a personal Roth IRA?
I signed up for my companies 401k Program last year because I just thought it was the right thing to do. I knew they didn't match, but I also thought since the contributions were pre-tax, I should take advantage of the opportunity to get additional funds in my retirement savings. I didn't › Continue reading
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