In times of crisis, you don't want to be shaking pennies out of a piggy bank. Having a financial safety net in place can ensure that you're protected when a financial emergency arises. One way to accomplish this is by setting up a cash reserve, a pool of readily available funds that can help you … [Read more...]
How to get a free copy of your credit report
Under the Fair and Accurate Credit Transactions Act of 2003 (FACTA), every consumer is entitled to a free credit report every 12 months from each of the three credit bureaus. To get your free annual report, you can contact each of the three credit bureaus individually, or you can contact one … [Read more...]
2009 contribution limits announced
On October 16, 2008, the IRS issued news release IR-2008-118 announcing cost-of-living adjustments to dollar limitations for pension plans. Items addressed for 2009 include: Elective deferrals * The annual elective deferral limit for 401(k) plans, 403(b) plans, 457(b) plans, SAR-SEPs, and the … [Read more...]
College Board releases 08/09 cost figures
Public colleges (in-state students): * Tuition and fees increased an average of 6.4 percent * Room and board increased an average of 5.2 percent * Total average cost for 2008/2009 is $18,326 Public colleges (out-of-state students): * Tuition and fees increased an average of 5.2 percent * … [Read more...]