Search results

Investing Options Series: IRAs

Posted on 16. Oct, 2006 by .

1

What Are They? An individual retirement account (IRA) is a personal savings plan that provides some tax advantages to allow you to save for retirement. The concept itself is simple, but sometimes people get bogged down in the details. Hopefully we’ll answer some of the more common questions here. How Does an IRA Work? A […]

Continue Reading

Investing Options Series: 401(k)

Posted on 21. Jul, 2006 by .

1

I’m continuing the investing options series by covering long-term investing options – starting with 401(k)s. What Are They? A section 401(k) plan is a type of tax-qualified deferred compensation plan in which an employee can elect to have the employer contribute a portion of his or her cash wages to the plan on a pre–tax […]

Continue Reading

Investing Options Series: Certificates of Deposit (CDs)

Posted on 21. Jun, 2006 by .

0

Continuing the Investing Options Series, today’s topic is Certificates of Deposit (CDs) – arguably the best short-term investment. What Are They? A Certificate of Deposit (CD), also known as a “time deposit”, is a special type of deposit account with an interest rate higher than a regular savings account and federally insured. CDs are available […]

Continue Reading

Investing Options Series: Money Market Accounts

Posted on 17. Jun, 2006 by .

4

If you’ll remember, last week I began the Investing Options Series with an outline of Money Market Funds. Since they are often confused, I decided to cover Money Market Accounts this week. What Are They? A Money Market Account is a form of a savings account offered by banks and credit unions; however, a Money […]

Continue Reading

Investing Options Series: Money Market Funds

Posted on 08. Jun, 2006 by .

4

I decided to kick off the Investing Options Series by highlighting Money Market Funds. There’s really no rhyme or reason behind it except that the next installment will be about Money Market Accounts and highlighting the difference between the two Money Market Accounts. If you have any suggestions for future installments of the Investing Options […]

Continue Reading