Retirement Planning

10 Ways to Pay for Retirement

invest — Fri, 18 May 2012 15:26:19 +0000

Make sure your retirement plan includes these sources of income.

View full post on U.S. News – Money – Retirement Planning, News, and Advice

Plan for Your Parents’ Financial Future

invest — Fri, 18 May 2012 15:26:17 +0000

Getting involved with parents’ plans for their golden years can keep young adults from having to shell out big money later on—or at least prepare them for it.

View full post on WSJ.com: Retirement Planning

How to send your kids to college without a 529 plan

invest — Fri, 18 May 2012 15:26:14 +0000

John Tung shares tips from how he put his 3 kids through college without a 529 savings plan. John Tung is the English Pastor at Chinese Bible Church of Maryland www.cbcm.org

Weiner’s Pension Plan Comes Under Fire

invest — Wed, 16 May 2012 15:25:13 +0000

BY JENNIFER MECKLES You’re watching multisource politics video news analysis from Newsy. Its been a tough couple of weeks for disgraced Congressman Anthony Weiner. But the day after he announced he would step down — a new angle on his story. The same taxpayers who called for his resignation — will continue funding a cushy pension plan. The Capitol Hill newspaper Roll Call reports: “… the New York Democrat’s pension and a savings plan lawmakers have access to similar to a 401(k) could be worth $1.12 million to $1.28 million… At 46, Weiner will not be eligible for his pension for another decade, at which point he could begin drawing a reduced rate of $32357 a year… If he waits until age 62 to begin drawing his pension, he will receive his full benefits, or $46224…” So more than $1 million total, to be paid at either $35- or $42-thousand a year, depending on what he chooses. News of Weiner’s comfortable pay package and flexible option sent fury through the blogosphere. The Wall Street Journal’s “Smart Money” argues — that’s hardly fair: “The point here isn’t that politicians don’t deserve decent retirement plans. The last thing America needs is financially-insecure lawmakers. But Weiner is getting the equivalent of a $1.2 million exit payment after serving just 12 years on the job. Now that’s worth tweeting about.” And that’s not all he gets to keep. ABC lists the rest: “Weiner still gets all the perks reserved for former members of Congress… and a lifetime of …

Are Variable Annuities a Good Investment?

invest — Tue, 15 May 2012 15:26:32 +0000

Ellie Lowder says yes, because they offer the assurance of a guaranteed return. No, says Lewis Altfest, because they are too costly for the benefits they provide.

View full post on WSJ.com: Retirement Planning

Utah Educational Savings Plan Commercial – Guard Dog

invest — Mon, 14 May 2012 15:25:51 +0000

The Utah Educational Savings Plan (UESP) makes it easy to save for college. We even offer an FDIC-Insured Savings Account option.

Retirement Homes for Less

invest — Sat, 12 May 2012 15:27:47 +0000

Many families don’t realize they can bargain for a retirement home. Here’s how to do it.

View full post on WSJ.com: Retirement Planning

Does this look like a good savings plan?

invest — Sat, 12 May 2012 15:27:44 +0000

My boyfriend and I are mapping out our (house) savings plan!

1 yr. savings for loss of job : $12,000.00

6 mos. Savings for surprise emergencies : $6,000.00

Furniture, appliances, décor, &, necessities for home: $5,000.00

Closing costs, taxes, & misc fees: $5,000.00

I requested 100,000 from my thrift savings plan at age 57, because I was disabled and was losing my home, the ?

invest — Thu, 10 May 2012 15:28:37 +0000

check I received was for 80,000. My question is, in 2008 I am disabled and now 58 years old, will I still have to pay a penalty because I am not 59 1/2.
Because I am disabled, did I have to pay the extra 10%, is that why they took 20% at once.

Tips for Returning Troops

invest — Wed, 09 May 2012 15:44:19 +0000

After combat stints, service members and families can face financial challenges.

View full post on WSJ.com: Retirement Planning