My Employer Stopped Matching My 401k – Should I Still Contribute?
This is one of the most frequently asked questions I’ve been receiving lately both at work and via email. Companies across the country are trying to find ways to cut costs during this recession and a prime target is the matching program on a 401k or 403b. This is bad news for employees, but the […]
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 […]
Eliminate Taxes With a Roth IRA
Rocketing national debt, unstable economy, high unemployment, and high inflation. These are all factors that have Americans on edge right now. What has the American public even more scared is the fact that the federal government has started to tap into public pension funds to pay for bankrupt social programs such as Social Security and […]
Are Automatic IRAs the Answer for Low Income Workers Saving for Retirement?
There has been increasing discussion lately about new ways to help lower income employees who may not have access to more traditional retirement savings to begin saving for retirement. We already have a number of retirement vehicles available for most people, but there are still millions of people who simply don’t save anything for retirement. […]