Archive for November, 2006
Five Things You Need To Know About The Pension Protection Act
The Pension Protection Act (PPA), signed into law by the president in August, will extend a number of retirement savings and 529 plan opportunities from the Economic Growth and Tax Reconciliation Act of 2001 (EGTRRA) that were scheduled to expire at the end of 2010 and create new opportunities for savers. Some of the PPA’s [...]
Young Workers: It’s Time to Get Serious About Retirement
When you’re young, investing for retirement is often only an afterthought. There are careers to build, weddings to plan, first homes to buy, children to raise and other financial concerns. Add to that the investor reluctance after a three-year bear market after the great returns in the 90s and you can see why young workers [...]
12 Mistakes to Avoid With Your Retirement Savings Plan
Considering that tax-deferred retirement savings plans, whether a 401(k), 403(b) or IRA will likely provide most of your retirement income, a mistake here or an omission there can be costly. To maximize your retirement savings, try to avoid the following mistakes. Don’t: Procrastinate. The sooner you get started and the more you contribute, the better [...]
ING Direct Increases Savings Rate To 4.5% APY, But There Are Still Better Options Available
ING Direct announced today it was increasing the savings account rate from 4.40% to 4.50%. While this is is a fairly good rate on cash it is far from the best option for stashing away some money. ING was leading the pack for a while by providing one of the highest savings rates but that [...]
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