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
Mysteries Unraveled
One of the great mysteries of personal finance is: How are social security retirement benefits calculated? The computation itself is something of a mystery. It’s so complex that I’m not sure who could have dreamed it up. I am sure that most in Congress don’t understand it. In this article
Start Investing Early in Your Career
The time to start investing is when you are young. If you have a college degree and you start investing immediately after you graduate and get your first job, it is possible to retire as a millionaire. Find an employer that will match your 401K contribution.
Condo Hotels and Retirement – A Winning Combination
Considering retirement in a Tropical Climate? For many British, Australians and Americans, retirement time is just around the corner.
Growing Old
There are a couple of things in life that we know, at some stage, we will be worried about. Growing old certainly seems to be one of them. More and more, our culture is becoming obsessed by the cult of youth.
Health And Retirement
In planning for your retirement, buying disability, health or long-term care insurance is important. The insurance company would usually want to know a lot about you. You will be classified based on your habits, medical records and family history.
You have to have an understanding of your own health. The biggest factor in determining the insurance cost is your health.
Here is some advice from insiders to get the best health ranking possible at lowest possible rates:
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Unique Down Payment Strategy
Coming up with a down payment for a home can be a lengthy process. Most people do not realize they can use a unique down payment strategy to free up cash.
Wells Fargo 401K Plans Robbed — Thousands $ Missing
According to a Minnesota TV station, a Wells Fargo 401(k) plan operations manager has been accused of robbing 401k plan accounts.
The 401k Operations Manager, who oversaw the 401k daily fund operations, allegedly disbursed money from dormant 401k accounts to fictitious names he created. He then had the checks sent to his own office and deposited the funds into his own account,
HOW THE 401K ACCOUNTS WERE ROBBED
Point-by-point, this retirement operations manager eluded…
What Is A 401(K) Plan?
The 401(k) retirement plan is funded by employee contribution and a matching employer contribution. The major feature of the plan is that the contributions are taken from pre-taxed salary. The fund accumulates tax-free until it is withdrawn. Most businesses and tax-exempt organizations can create these retirement plans.
The 401(k) takes its name from the IRC (Internal Revenue Code) of 1978. The operation of the 401(k) is administered by the EBSA (Employee Benefits Security…
What is Financial Securities
It is true that bankers also invest money in securities, and that some of these are foreign.
What Is Public Employees’ Retirement System?
The Public Employee Retirement System is for government employees except for teachers and students. This is a mandatory membership and all members should fill out a form of application at the beginning of their employment. It is a benefit plan that gives benefits to employees once they retire. This will be based on the number of years they rendered service and on their average salary.
The Public Employees Retirement system also covers survivor and disability protection. …
Why Planning Your “Re-Fired” Retirement Is Vitally Important
Just about all of us plan to retire one day. You may visualize yourself with plenty of free time on your hands, no commute, and finally with an opportunity to travel with the person you love.
But statistics show that golden dream comes true for only a very few of Americans. Some studies reveal less than 10 percent of us ever retire. Even more alarming, other studies show a large percentage die within a year or two after retirement.
Clearly, an enjoyable, healthy retirem…