Archive for the 'Finance :: Wealth-Building' Category

Deductible Contribution On IRA Taxes

The deductible contribution on ira taxes for a single individual varies from $500 to $2,000 corresponding to variations in gross income from $32,500 to $25,000 respectively. Beyond $35,000 of gross income, no deductible contribution is permitted. For married couples, the deductible contribution ranges from $500 to $2000 for the gross income range between $47,500 and $40,000. Beyond $50,000 deductible contribution is not allowed.

Finance :: Wealth-Building | 27.08.2008 13:43 | No Comments

Researching Online Bank Accounts

I’ve been looking into online banks lately. I’ve had enough of big local banks. Lousy rates and high fees - why stick with them? It’s time for a change, so I’m going to try something new. I’m particularly fed up with earning .5% interest for the privilege of lending my money to the bank. Enough is enough. Especially in light of the sorts of rates the same banks charge you when they lend you money. Specifically, online savings accounts deals is a great deal. They pay good rates, and don’t charge all of those hidden fees that the big boys are always hitting you with. Frankly, I couldn’t care less about meeting a banker in person. I’d much rather do my banking online with a click or two than wait in line at the branch. You might want to look into the benefits of online banking yourself. What do you think?

Finance :: Wealth-Building | 20.08.2008 6:43 | No Comments

About SEP IRA Plans

So it appears that my company focuses on SEP IRA Plans as its primary retirement benefit setup. That means I have to get educated about how they work if I’m going to plan properly for my retirement.
I’ve been poking around the net checking out info on Sep Ira Retirement Plans, but it’s complicated. It’s just not he sort of thing I like to spend my time thinking about. But of course it has to be done.
It will be good to get some tax savings out of the deal at least. There are few enough ways to get ahead of the ever-growing tax monster these days.
I’ll be looking forward to your comments.

Finance :: Wealth-Building | 12.08.2008 13:43 | No Comments

My Personal Experience With Structured Settlement Sales

I’ve been checking out
Structured Settlement Sales lately. It’s a touch decision - a certain lump-sum versus a long-term payment with bankruptcy risks.
I’ve been researching
Structured Settlement Sales online, trying to figure out what to do. I’m worried that the payer might go bankrupt and I’ll lose my payments. If that happens, I’d be better off taking a lump sum now, even if it’s smaller.
I’m hoping I’ll be able to get enough information to make an informed choice.
Alright - that’s all for now.

Finance :: Wealth-Building | 16.07.2008 13:42 | No Comments

The Internet works wonders

I wanted to open an offshore banking account a few months ago but I did not know which one to choose because there seem to be so many different banks on the market that there were many different accounts that could have fitted the bill. In the end I decided to take a look at offshore internet banking and I found that it really did fit what I wanted exactly. It really helps me to manage my finances and I’m really glad I went ahead and open the account for this service.

Finance :: Wealth-Building | 16.07.2008 6:43 | No Comments

Researching SEP IRA Plans

Checked into the benefits package at my new job today, and it looks like they focus on
SEP IRA Plans for retirement, instead of the standard 401k plan. Looks like I have some reading to do. I had never even heard about these before today.
I’ve been digging around the net trying to learn more about
Sep Ira Rules so I can make the right decisions, but I’m a bit clueless when it comes to finance, so it’s been slow going.
At least I’ll save some money on taxes. That bite the government takes out of my paycheck just keeps getting more and more painful every year.

Finance :: Wealth-Building | 29.05.2008 6:40 | No Comments

My Experiences With International Bank Accounts

Given the way the Dollar is going these days, I think it would be prudent to check out. International Bank Accounts It would be wise to diversify into other currencies.
To be specific, I’ve been reading up on
First International Bank, looking for ways to protect myself from the Fed and our government’s outrageous monetary policy.
An overseas account seems like the best way to hedge against serious financial troubles here at home.
Ok - that’s it for today.

Finance :: Wealth-Building | 27.05.2008 13:42 | No Comments

Online Banks

Bank of America stinks, just so you know. I’ve been using them for years just because they have ATMs all over town, but now I’m checking out online savings accounts. There are much better deals to be had there. Sometimes you have to remind yourself that you are lending your money to the bank with these accounts, and they ought to be paying you. It’s not like you get to charge the bank fees when they loan you money, after all. I personally like Irwin Union Online Banking. I’ve been with them for a couple of years now, and have no complaints. I’ve saved a lot of money as well. I know some people have issues with not being able to meet their bankers in person, but honestly I don’t really care about that. More people should check out internet banks instead of big banks.

Finance :: Wealth-Building | 14.05.2008 20:40 | No Comments

High Yield Online Savings

I’m firing Citibank. They just aren’t a great deal anymore for my money. I’m looking at Washington Mutual instead, and some of the other online banks as well. Much better deals to be had. Sometimes you have to remind yourself that you are lending your money to the bank with these accounts, and they ought to be paying you. It’s not like you get to charge the bank fees when they loan you money, after all. I poked around the net, and settled on Bank of the Internet as the best option out there. They pay great rates, and don’t charge those ridiculous fees. Frankly, I couldn’t care less about meeting a banker in person. I’d much rather do my banking online with a click or two than wait in line at the branch. More people should check out internet banks instead of big banks.

Finance :: Wealth-Building | 21.02.2008 11:41 | No Comments

Internet Banks

I’ve been banking at Wells Fargo for years, but I’m fed up with the lousy rates they pay for their deposit accounts. I’ve decided to look into online bank accounts instead. There are much better deals to be had there, I mean with the rates most big banks pay you, you’re not even keeping up with the huge rate of inflation in this country. Not even close. You’re actually losing money in real terms. Not exactly the sort of reward you’d like to get for saving. I’ve been checking out WaMu Online Personal Checking. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. Frankly, I couldn’t care less about meeting a banker in person. I’d much rather do my banking online with a click or two than wait in line at the branch. If you’re not earning a good return, you might want to check them out as well.

Finance :: Wealth-Building | 23.01.2008 8:41 | No Comments

Florida Asset Protection

With economic growth and prosperity, people have more money and assets at hand compared to the older times. As such asset protection has become a topic of much concern among all people. Florida Asset Protection rules tells you how to protect your valuables from future lawsuits and keep away the creditors from taking away your assets. Florida has a set of asset protection opportunities that really work in the favor of the debtors. However it is your job to find out the right services and make proper use of them.

Finance :: Wealth-Building | 3.01.2008 7:43 | No Comments