Why you must put money into retirement accounts

They are one of the best tax shelters you could ever imagine. If you are not contributing or contributing less than 10% of your income, please read this. http://news.yahoo.com/awesome-benefits-retirement-accounts-154222847.html?soc_src=mediacontentstory

Would President Obama’s MYRA proposal work for you?

Only if you are not able to participate in an employer sponsored plan. Also you would have to roll it into a Roth account once it reached $15,000. This is really for people who have no access to a 401k plan and can only afford to put in a very small amount of money each…

What are your options when you leave a job but still have a 401K retirement plan there?

From Marketwatch: Participants generally have four options when leaving their employer-sponsored plan:                                         They can leave the money in the former employer’s plan, if permitted;                                     Roll over the assets to a new employer’s plan, if one is available and rollovers are permitted;                                     Roll over the assets into an IRA;                                     or cash out the account value. What…

The costs of weddings are out of control

Not only for the bride and groom but especially for the guests. The average price for a guest to attend a wedding is $539!!(Marketwatch.com)  If a young person attends twenty  weddings over three years that is a cost of  $10,000.Here is the real kicker also from Marketwatch.com …. Even so, the pressure to attend the…

What are 6 signs you should hire a financial advisor?

Most people ignore, ask uninformed people, or try to do it themselves. For the most part this does not work. Most people can go work out at the gym but if they want better results they hire a quality trainer. It is the same with money. Check and see if you fall under any of…

Do you feel overwhelmed by investment choices?

From Carl Richards Investing comes with so many choices today. At the beginning of 2013, there were more than 7,000 mutual funds to choose from. The number of exchange-traded funds crossed 1,500 in 2013. When you add all the share classes, these funds are available with close to 25,000 options, and that’s just a start….