Building a golden nest egg for your retirement years
What You Need To Know About Stakeholder Pensions
For those of you who are thinking about planning for your retirement, you will need to do a bit of research on pensions to find the best way to save for your future retirement. This article is about stakeholder pensions and will explain a bit about them and how they work.
Savings Accounts Retire In Style
We all look forward to the day when we can give up work but to ensure your retirement is comfortable you will need to prepare for it carefully.
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.
Getting Bank Loans when you are Self Employed
There was a time when being self-employed meant that you would have a very hard time ever getting any credit from a bank. This was pretty much accepted as one of the downsides to self-employment
Life Insurance. Bargain Life Insurance When You Take Out A Pension Policy
At last, a real life insurance bargain but as always there are strings attached!
If you take out a new pension policy after 6 th April 2006 and within the same premium pay for life insurance cover, then you can use your pension contribution tax allowance to reduce the cost of your life insurance. This means if you’re a standard rate taxpayer, you’ll receive 22% tax relief on your life insurance premiums and relief at 40% if you’re a higher rate taxpayer.
The combine…
Retiring With A Decent Income
These days, its hard to listen to the financial or economic news for long without hearing something about pensions. These news stories usually give us some bad news about the pensions shortfalls in the gaping holes in pension funds. The chancellor Gordon Brown has recently gone on record suggesting that he is in favour of increasing the working age, and the debates about whether to link state pensions to earnings or inflation rages on. The bottom line is that people are spen…
Pensions
Pensions are definitely a political hot potato in most countries around the world as population demography changes with an increase in the numbers of retired citizens. Canada is no exception as private pension schemes are being promoted to take the heat off the Governments Canada Pension Plan that many analysts believe will not be able to cope in the future. Please note that any pension payments are classed as income and will be subject to standard taxation rules. Using the…