All Entries Tagged With: "Retirement"
It’s Not Too Late to Max Out Your 2011 IRA Contribution in 2012
Max Out Your 2011 IRA in 2012 The calendar may have flipped to the new year, which means most tax tricks, tips, and deductions have closed the book on last year’s taxes, but that isn’t the case for your IRAs. Individual Retirement Accounts are unique in that they give you up until when you file [...]
Should You Invest in the Stock Market or Hold Cash?
Let me paint a picture for you really quick. A man is sitting at his desk looking at his Scottrade account. He’s been noticing the volatile market swings and doesn’t know what to do with his money. He start sweating. He starts to wonder if he should place his money under his mattress instead. Does [...]
Why You Should be Paying Attention to Medigap Plans
By the time those currently in their 40s retire and begin to qualify for Medicare, the government-run insurance program is going to be over 6 percent of the Gross Domestic Product. That means for every dollar the United States economy earns, a little more than six cents goes toward Medicare. Social Security looks to be [...]
5 Reasons to Not Borrow From 401k
You won’t believe what I’ve been hearing at work lately. Fellow employees are taking out loans against their 401k accounts and borrowing money! I don’t know if there are people out there giving advice to do this, but it’s probably one of the worst ideas I’ve ever heard of. In fact, I would peg it [...]
Receive free email updates and get my free Invest Like a Pro eBook.