Posts Tagged ‘ Plan

I want to start a Thrift Savings Plan but what happens if…?

I am fresh in the military (since July of 2007) and I want to start a TSP but what happens or how does it work if I don’t choose to stay in the full time to retire (20 yrs). What kind of withdrawal penalties, taxes, etc. will I encounter or how hard would it be for me to get my money. Please be detailed as possible.

Is a 529 (college savings) plan a good idea?

I was thinking about starting a 529 plan for my son, who is currently 6 years old. But I was wondering if right now is the best time to invest, considering the current economic situation. Should I wait until the markets are more stable? I don’t know very much about investing, and I don’t wanna invest college money for him just to lose it! Any advice? Thanks!!

I live in PA, can I contribute to another state’s 529 college savings plan?

For example, Utah’s 529 plan offers lower management fees than Pennyslvania. Or Michigan’s which is not exposed to as much volatility and guarantees principal return.

So can I contribute to those instead of the 529 plan in my home state?

How to Make Your 401(k) Plan Work Harder

Most of us continue to neglect our 401(k) plan. The median plan contains a balance of just $18,000. Good luck with that.

View full post on WSJ.com: Retirement Planning

I need help choosing between 529 college savings plan or buying savings bonds. Differences?

i want a comparison of the advantages and disadvantages of each. I’m expecting a son this fall and I want to make a wise decision for his future.
well i don’t really know about any kind of investment opportunities…i decided to start my research here because real people are more helpful than google. i’m open to any kinds of options. my parents never did anything like this for me, so i’d like to get an early jump on it.

What is or is there a minimum deposit when starting a BMO personal checking/savings practical plan account?

This questions is for Bank of montreal users in canada, who have good knowledge about this bank or can help me answer this question. I want to open a checking/savings practical account.

1. What are all the monthly fees in total just to have the card would i have to pay (the must fees just to operate the card)

2. IS there a minimum withdrwal i have to put in this account before it can be created?

Thanks, your help is deeply appreciated!

Is the life insurance from world finance group with the savings plan a good investment for a 23yrd-old?

For $500,000 it’s around $194 a month. Is this too much?

What is the best online savings plan?

Hi, I have about $11,000 in a savings account with HSBC, but the interest rate is pretty low. I thought I could do better and so I went to this website: http://www.money-rates.com/savings.htm
I couldn’t decide if smartypig or the bank of internet was the better choice. Any help is appreciated!

Starting a Savings Plan for a Used Car?

Here’s the backgroung:

I plan on learing to drive this summer, then during the summer before my senior year in college I plan on buying a used car. Now I have work study that pays out 2100, but I have 730 in CC debt that I want to pay off first.

When I go back to school in August I have all my classes on monday, tuesday, and thursday. Basically leaving weds and friday free along with sunday and satruday. So I’m thinking of getting an extra job during those days.

So does this sound like a doable plan, pay off cc debt, before X-mas, get a 2nd job, and start saving for senior summer to get a used car. Any suggestions or tips on what to do?

Or should I just take out a car loan instead?

Bradley Associates asks How can I create an automatic savings plan?