Archive for the ‘Retirement Planning’ Category
Saturday, October 8th, 2005
Starting January 1, 2006 Medicare will offer for the first time in its 40-year history coverage for prescription drugs. The coverage, which is called Medicare Part D and is voluntary, will be available to all people with Medicare, regardless of income level and resources, pre-existing conditions, or current prescription expenses, ...
Posted in Healthcare, Retirement Planning | No Comments »
Saturday, October 8th, 2005
The Commerce Department recently announced that the nation’s personal saving rate, calculated as a percentage of disposable (or after-tax) personal income, had fallen to a negative number for the first time since October 2001. The national savings rate fell to a negative 1.1 percent in July 2005, followed by a ...
Posted in Budgeting, Financial Planning, Retirement Planning | No Comments »
Tuesday, February 1st, 2005
Millions of new teachers and health-care workers expected to be hired in the coming decade will need to become familiar with a retirement plan they may know little about: the 403(b), commonly called a tax-sheltered annuity.
403(b) plans are salary-deferral plans designed for teachers, college professors, health workers at nonprofit ...
Posted in IRAs, 401(k)s, 403(b)s, TSP(s), Retirement Planning | No Comments »
Saturday, January 1st, 2005
Your future Social Security payments might be smaller than expected?more than $300 a month smaller in some cases?and you might not even realize it.
Are you entitled to receive pension benefits from a job in which you pay no Social Security taxes, such as work for the federal government under the ...
Posted in IRAs, 401(k)s, 403(b)s, TSP(s), Retirement Planning | No Comments »
