personal finance

Small businesses that sponsor a retirement plan are eligible for a special tax credit. They may claim a tax credit for a portion of their retirement plan startup expenses for the first three years of the retirement plan's existence. The tax…

Because most employers allow their workers to self-direct their 401k funds, there are usually a diverse range of investment options open to 401k account holders. If you select sound investments to make with your 401k money, you could wind…

Your move upward on the corporate ladder means that you will have additional income to save for retirement. Many professionals believe that they are locked into a certain deferral level as regards their 401k account. You should investigate…

The difference between an employee-sponsored 401k account and self-directed 401k is the organization coordinate. Companies match each employee's contributions to their 401k up to a certain percentage or monetary value. In order to reach the…

The IRS, through tax code 401k, gives qualifying employees immediate income tax reduction and upside market potential for saving, so take advantage! 9 Steps to Make the Most of Your 401k 1. Determine how much of your…

An annuity is a contract between an individual and a financial institution like an insurance company where the individual provides a lump-sum payment to the insurer. In return, the insurer invests the money on a tax-deferred basis and gives…

Determining whether or not to lease a car is a matter of personal choice, although some business elements should be considered as well. While leasing a car means that you might pay less in income taxes at the end of the year, buying the car…

Auto transporters are the companies that provides facilities or services that actually transport the transportation vehicles. Auto transportation is basically of two types, Open transportation and Enclosed transportation. …

There may be nothing like the smell of a brand-new car, but you could be paying dearly for it. Vehicle reliability and durability have improved so much that the most cost-effective way to own a car now is to buy one that's 2 or 3 years old…

How It Works If you open a joint account with another person, you should consider both the advantages and the risks before you sign your name to the account. It's wise to remember that while it may be convenient, a joint credit card…