Maximum 401k Contribution for 2014 Has Been Announced
Each year the Internal Revenue Service sets the maximum amount of contributions a person can make toward their 401k plan. On Thursday October 31, the IRS announced that the contribution limit will remain unchanged for 2014, here. The amount maximum contribution amount will be $17,500, the same as 2013 maximum 401k contribution limit. The IRS […]
Are Precious Metals Good Investments?
When you are looking for a retirement investment strategy, the options available to you can become overwhelming. An IRA will work for most small business owners (read: individual contractors), but businesses owners and employees will want to start contributing the max they can to a 401k as soon as possible. The trouble is that, as […]
What Does ETF Stand For?
Ever wondered what does ETF stands for? ETF is the abbreviation of exchange traded fund, sometimes people will refer to this as electronic traded fund but the first is more correct. So that is it, that is all you wanted to know, you can click away from the page now. Well I guess I will […]
Find the Best CD Rates for Investing Your Money
We have talked a lot about 401k’s and rolling over your employer-sponsored 401k into a either a traditional IRA, or a Roth IRA account when you leave your employer. While IRAs offer several tax benefits, there are reasons you might consider depositing those funds into a Certificate of Deposit (CD). What is a Certificate of Deposit […]
How To Buy Stocks
We all need to be investing toward our future. There are many different types of investments you can look at, don’t forget to invest in yourself, but the stock market can be one of best for many of us. When you first start out investing in stocks it can seem daunting and complex, but you […]
Maximum 401k Contribution for 2013
Good news, the IRS has raised the 401K plan limits for 2013. The 2013 maximum 401K Contribution So the 2013 maximum 401K contribution is now $17,500. This allows you to invest more into your 401K than in previous years. The new contribution limit also applies to the Roth 401K’s, 457 B plans, and 403 B plans. Although the […]
What is a Trust Fund?
Back in my college days I had several friends that seemed to have access to all the money in the world as they went to school. One friend in particular spent all kinds of money on off roading vehicles and modifications, and that was just one of his expensive hobbies. I was a […]
How Does The Stock Market Work?
Stock Market Basics: Traditional and Electronic Trading I was talking with a friend and the question came up “how does the stock market work?” This got us talking about how the stock market and trading has evolved through the years. The financial markets are a complex entity with their own institutional and economic structures that […]
Investing for the Long Run
If you have a steady job or some extra cash lying around, the sound thing to do is invest it. People too often think of investing as a get rich quick scheme for people with money to invest. The truth of the matter is that long term investments pay off far more than short term […]
The 2 Most Important Things to Look at On Your Investment Statement
How many times have you received your quarterly 401k or IRA statement in the mail or via email and simply trashed it? How often do you open it up and glance over it only to see a bunch of numbers, but have no idea what to make of it other than finding out if you […]
