With a change in the laws, there never was a better time to start a 401(k) retirement fund. In fact, you may find that you have already started one, because under the new law, your employer can put you into a 401(k) retirement fund automatically.
Go Stock Trade . com Primer: What is the stock market all about?
Thousands of people who have money in any type of account for their retirement can consider ourselves participating in the Stock market. But have you pondered about the functionality of how this interesting market works? Imagine being at a regular auction, where instead of nice bits such as cars and antiques are being bidded away, think of bits of public companies being auctioned away.
Vesting and Your 401(k)
Do you have a 401(k) retirement account? Are you vested yet? Before you move on to your next job, it is critical for you to find out if you are fully vested in your retirement account before you make the move. If you are not, you could lose hundreds if not thousands of dollars in employer contributions.
Forecasting the Future Value of Your 401(k)
Curious about how much money you’ll accumulate in your 401(k) account? Just use Microsoft Excel says author and CPA Stephen L. Nelson.
Down Payments Get Creative
One of the biggest hurdles to buying a home is the down payment. Saving up a chunk of change can be difficult, so getting creative is a key.
Should You Borrow From Your 401(K) Or TSP?
Anyone can take a loan from their retirement fund, but should you?
The Third Step You Have to Take to Get Rich In the Stock Market!
If you never open you trading account you will never invest in the stock market!
When IRAs, 401(k)s, and Other Tax-sheltered Investments Dont Make Sense
Are there times when it DOESN’T make sense to contribute more money to your IRA or 401k? You bet–as CPA & bestselling author & CPA Stephen L. Nelson explains.
WHY THE FINANCIAL NEWS MEDIA CAN COST YOU MONEY!
Listining to the Financial News Media is Like Listening to the Pied Piper!
The 46.3% Marginal Bracket
Despite the new tax rate reductions of the Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal tax bracket for many retirees is a whopping 46.3%. Why? Because Social Security benefits are subject to income tax. Those affected are Social Security recipients who have the good
The Hurrier I Go the Behinder I Get
When are Social Security checks potentially loans and not benefits? Why, when you have “excess earnings” of course. In today’s economy, many senior citizens still work during their “retirement” either because they want to or, all too often, because they must to make ends meet. Retirees who wa
Great Idea…Lousy Name
Obviously, nobody asked the marketing guys before coming up with this one. Who in the world thought up the name “non-qualified deferred compensation?” Oh, it’s descriptive alright. But who wants anything “non-qualified?” Do you want a “non-qualified” doctor, lawyer