Archive for the ‘Uncategorized’ Category

Open Enrollment on the Way: Should You Take Advantage of Your Company’s Health Savings Account Option?

Tuesday, October 7th, 2008

Fall is approaching, which means for many workers that open enrollment is coming. Open enrollment is a specified time period during which companies let their employees sign up for various health and retirement savings benefits as well as smaller benefit options that may be unique to a company. One of those ...

Preparing Your Finances for a New Baby

Tuesday, October 7th, 2008

Your parents might have mentioned at least a couple of times while you were growing up how wonderful and expensive you were. The bottom line? Bringing a child up is a tremendous financial responsibility, and it’s better to plan in advance than deal with a surprise down the line. The U.S. ...

Top 10 Money Moves for Today’s College Freshman

Thursday, September 18th, 2008

With average college tuition up 6.3 percent at private schools and up 6.6 percent at public schools this past school year, money management is a bigger issue than ever on college campuses. That’s why it’s good to send your freshman off to school with a 10-point plan on how to ...

Considering an Annuity?

Thursday, September 18th, 2008

Managed Payout Funds Are One More Entry in the Retirement Spend-Down Picture Insurers have long been part of the effort to help retirees spend down their nest eggs through annuity products. Now, the mutual fund industry is jumping in with a competing offering for individuals who may or may not be ...

How to Takeover an Aging Parent’s Finances

Thursday, September 18th, 2008

Like many difficult situations with people we love, planning to take over an older relative’s finances is best done in happier times, when both sides are healthy and various options can be considered. Unfortunately, events can sometimes intervene – death, illness or natural disasters can make an elder’s need for ...

What’s the Correct Amount to Withdraw from Your Retirement Funds Each Year?

Tuesday, July 8th, 2008

Rules of thumb and guidelines abound in every investment arena – you’ll always hear about specific percentages you should save, spend or invest based on where you are in life. They’re made to draw attention to specific investment needs everyone has, and for that reason, it’s good to have them. ...

Insuring Your Vacation? Make Sure You’re Actually Covered

Tuesday, July 8th, 2008

High energy costs, a tough economy, you name it; there’s still plenty of travel delays and headaches in the skies and on the ground. Those delays can potentially cost a lot of money, which is why it’s a good idea to carry travel insurance on expensive trips to cover ...

Financial Planning For Newly Single Parents

Tuesday, July 8th, 2008

After a divorce or the sudden death of a spouse, single parents have the twin challenges of adjusting to a new life and getting their child adjusted to it as well. The third challenge – getting money issues in order – can be a threat to both. For a newly ...

How New College Grads Can Get a Jump on Financial Planning For a Lifetime

Tuesday, July 8th, 2008

The average college graduate with a four-year degree now takes about five years to put on a cap and gown, and her average debt is growing too. According to 2006 figures from the Project on Student Debt, the average college I.O.U. was approaching $21,000. With all that student loan debt, it’s ...

Q&A: Foreclosure Investing May be On the Upswing, but it isn’t for the Squeamish

Friday, June 6th, 2008

In May, RealtyTrac, a leading online market for foreclosure properties, reported that foreclosure rates were up 4 percent in April from March levels, but up a whopping 65 percent from April 2007. There’s that old saying that one person’s misfortune is another person’s happiness. But in these troubled times ...