Jimdittmeier

An employer will make the decision to have matching contributions into your Ira or 401K plan in order to entice the employees in investing part of their paycheck in a retirement plan but there are limits that the employer can match. The Ira contributions cannot be more than 3 percent of your income even though the employee does not the same limitations. The employee could be taking 3 percent and the company will have to match it but if the employee takes 4 percent or more than the employer would only have to match the 3 percent. But this is still beneficial to the employee.

You know, those big marble halls at big banks may look impressive, but the fact is that they’re paid for by the customers. They just aren’t necessary anymore. You’re much better off with online banks nowadays. 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. I’ve been checking out WTDirect.com. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. I mean, who wants to wait in line at a bank branch when you can get your business done in a few seconds online? You might want to look into the benefits of online banking yourself. Ok - that’s it for today.

You know, I’m sick and tired of getting a lousy rate on my savings. I’ve decided to check out internet savings accounts. It’s plain to me that most of the options there are a much better deal than I’ve been getting. 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 online savings accounts deals as the best option out there. They pay great rates, and don’t charge those ridiculous fees. Who cares if the big banks have more ATMs when they will refund your ATM fees from any other Bank? Now I can use any ATM in town. If you’re not earning a good return, you might want to check them out as well. Your comments are welcome as always.

If we chose a roth ira, concessions in the form of reduced IRA taxes are not permitted immediately. But you can withdraw without paying any IRA taxes. Both Traditional as well as Roth IRAs require that the maximum amount of money that can be contributed annually remains the same this year, as it was in the last year.

If you are planning immediate tax concessions, do not opt for Roth IRA.

So the new job offers employees
SEP IRA Plans for retirement. I have no idea how they work. They look a bit more flexible than 401ks at first glance, but I don’t know for sure.
In particular, I need to know more about Sep Retirement. There’s some decent stuff on the net about it, but it’s hard to stay focused on it. This stuff is just so dry and dull.
Hopefully I’ll be able to set things up and just let them coast after that. I don’t like micro-managing financial stuff.
Please comment and let me know what you think.

I had wanted to open an offshore bank account for many years, but I just never got around to looking at the various options that were available on the market until just a few months ago when I realized it was time to make a decision. After looking at the various options that were available and speaking to several people who already had offshore bank accounts I decided that Belize bank accounts looked to be one of the best. The great thing about the account that I chose was that I could apply for it online, and as well as giving me a bank account it also gives me a credit card, which enables me to keep control of my finances much easier than I used to be able to. Since I do a lot of international traveling it is really good to have that credit card at hand.

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I’m learning all I can about
International Bank Transfer services to that end. I think it’s time to consider more overseas options.
You never can tell what the Fed will do next. Most often, it’s the worst possible course for our currency. I say diversify.
I’ll keep you posted.

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 Accounts so I can make the right decisions, but I’m a bit clueless when it comes to finance, so it’s been slow going.
Hopefully it won’t have to be an ongoing thing - I can just set things up and forget about it. I hate managing this stuff.

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 internet savings accounts as well. Much better deals to be had. 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 personally like Washington Mutual 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. 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. In fact, I think most people would be better off switching to an online bank.

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 savings accounts 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 WT Direct as the best option out there. They pay great rates, and don’t charge those ridiculous fees. 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.