SIMPLE plans have eligibility and contribution requirements like most other employer-sponsored retirement plans, however, they allow employees to save a generous amount for retirement. For details on the types of SIMPLE plans and some of the rules that govern them, read this C.P.A. Insight.
Resolving to improve your financial picture in 2012? Look back at what happened in 2011 can help you make some positive changes. Find out more in this week’s Financial Tip.
Have life goals? A financial plan can help you get there by allowing you to Live Ready for unexpected life changes. Read more in this week’s Financial Tip.
Your net worth is equal to your total assets minus your total liabilities. However it might be higher than you think. Read more in this week’s Financial Tip.
The one-size-fits-all fill-in-the-blank forms that do-it-yourself estate planning sources provide may be attractive to some individuals because they cost a fraction of what attorneys typically charge. But is saving a few dollars worth the risk and potentially high cost of doing things incorrectly? Find out in this week’s Financial Tip.
We offer six tips to help minimize your loss and maximize your gains when investing in this week’s Financial Tip.
On October 26, 2011, President Obama announced a plan that seeks to help college graduates pay back their federal student loans. The plan is an executive order and does not require approval by Congress. It is scheduled to take effect beginning in 2012. Read more in this Financial Tip.
According to the latest Census Bureau wealth study, in the critical 55-to-64 age bracket, when household wealth typically builds to its peak before being drawn down in retirement, the median net worth for married couples is about four times higher than that of singles.
An early retirement offer may sound like a blessing, but before you accept, the “Money Talks” hosts discuss how it may affect your future financially.
The Social Security Administration has announced that for the first time since 2009, a cost-of-living adjustment (COLA) will be paid to Social Security beneficiaries and Supplemental Security Income (SSI) recipients. Monthly benefits will increase 3.6% starting in January 2012 for Social Security beneficiaries and starting on December 30, 2011, for SSI recipients. Read more in this Financial Tip.