Archive for October, 2008

I need data on the benefits of offering employee health insurance & retirement plans?

Sunday, October 19th, 2008

fobe asked: If anyone has a link to a website with statistics or fact about how businesses benefit from offering their employees heath insurance and retirement plans please let me know.
Basically, if I were trying to convince a business owner to offer health insurance and retirement plans to his/her employees, are their any stats or [...]

This question is for teachers. I am new to this profession and I am curious about retirement planning?

Saturday, October 18th, 2008

deshane2530 asked: I am in my second year of teaching. I know that teachers have a retirement plan, as it comes out of our checks.
Many companies visit our school trying to sell insurance, other plans, etc. I am interested in knowing whether or not I need to do an additional 401k plan. [...]

My employer don’t has retirement plan, where can i get one?

Friday, October 17th, 2008

Caleño asked: I would like to know, where can I get a retirement plan as Individual, because my boss don’t offer any.Erik

Self Employed Retirement Planning - Free Estimator

Sunday, October 12th, 2008

Here’s a retirement planning estimator you can download for free. Use it to estimate how much you will need to save each year to reach your retirement goals.
You can play around with different variables and scenarios, and see what kind of an impact your extra contributions will have on your retirement funds.
The download link is [...]

For Self Employed Folks Playing Retirement Plan Catch Up

Friday, October 10th, 2008

When it comes to retirement planning, the question many forty and fifty something business owners and professionals are asking is “What now?”
Many of us are playing catch up, and the recent downturn in the market - and the economy - has made the game even more difficult. Many of us have plans - IRA or [...]

What to do, what to do?

Friday, October 10th, 2008

In a down economy, what attitude should you take toward your retirement plan? Should you continue to fund aggressively, trusting to the market to “correct” itself?
Or, should you pull back, and create a “safe haven’ for yourself by keeping your cash?
Not easy questions, and the right answer largely depends, as usual, on your own tolerance [...]

Does PSRF (retirement plan for private company) prevent you from IRA deductions?

Friday, October 10th, 2008

bostonian08 asked: I do not have a 401K but a PSRF (profit sharing retirement plan… because my employer is a private company). Does this mean I cannot deduct my traditional IRA contributions on my tax return?Keith

Today You’re the Bug… What About Tomorrow?

Thursday, October 9th, 2008

The talk around the water cooler is depressing. With the Dow under 10,000, and many analysts predicting it will bottom out somewhere around 8000, folks thoughts are naturally turning to their retirement plans.
A little perspective is in order.
First, history. This drop in the market is neither the worst in history, nor even close. We’ve been [...]

Self Employed Retirement Planning - Finding Clear Direction

Friday, October 3rd, 2008

You run a small business, or you are a professional like a doctor, dentist, or attorney. Either way, you are in business for yourself. Would you like to retire eventually (hopefully before age 95!) assured that you are financially secure?
Research indicates that over 60% of self employed people don’t believe they are adequately prepared for [...]