A Few Dollars More

Financial Advice from Bill Schmick

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Entries Tagged as 'Savings'

Why Your 401 (K) Deserves Your Contibutions

February 6th, 2008 · No Comments

By now most companies have probably sent a memo or e-mail reminding us that it’s time to decide how much we plan to contribute to our 401(K), 403 (B) or 457 plan for this year. Most likely many of us will stall until the last day and then contribute as little as possible or [...]

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Tags: Savings

Generation X and the Roth IRA—A Perfect Match

February 6th, 2008 · No Comments

It’s not often that earning less is an advantage in the working world but one of the savviest things a young person can do right now is invest in a Roth IRA. You can contribute up to $5,000 a year in after- tax earned income, twice that if you’re married. If you’re 25 [...]

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Tags: Savings

Resist the “Buts,” Contribute to Your IRA in 2008

February 6th, 2008 · No Comments

Although the deadline, April 15, is still a good three months away, it might be time to think about contributing to your traditional IRA. That’s the individual savings plan that allows each of us to contribute up to $5,000 this year tax free ($6,000 if you’re over fifty) toward our retirement. We’re urged [...]

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Tags: Savings