What To Look For In A Retirement State

What you want to look for when you are planning what state would be best for you in retirement. It is very important that you look into what that state’s Income Tax rates and rules are; how they treat your Social Security, Pension and Retirement Incomes; as well as what their sales and property tax [...]

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Top 9 Retirement States

Top 9 States For Retirement Always Keep In Mind: Income Taxes Sales Taxes Property Taxes Estate/Inheritance Taxes Top States: Alaska Wyoming Texas New Hampshire Delaware Georgia Alabama South Carolina Colorado

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Retirement Plans 401K

Differences Between a Traditional 401(k) and a Roth 401(k)

A 401k is a type of self-directed employer sponsored retirement account but it is not a pension.  While these types of retirement accounts are a service provided by your work, they are owned and managed by you. They allow employees to have savings invested while deferring income taxes (non Roth). Lets take a quick look at these [...]

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Retirement Plan Contributions

2011 Retirement Account Contribution Limits

401K, 403B, IRA & Roth IRA Maximum Contributions The IRS determines the 2011 maximum allowable retirement account contributions and nothing much has really changed since 2010.  A few of the numbers have budged a tiny little bit but since the Consumer Price Index shows minimal official inflation then the adjustments have been kept to a [...]

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Retirement Strategy For The Millennial Generation

The other day Peter and I ordered breakfast from McDonalds, and we were saddened by the woman who took our order. She was a sweet old lady about 85 years of age. “Why is this woman still working?” I thought to myself. Perhaps she was bored in retirement, maybe she was lonely or worse yet, [...]

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