6 Car Insurance Discounts You Should Be Getting

Not everyone is eligible for the long list of discounts that insurance companies offer. But there are some discounts that almost every driver can get. Here are six car insurance discounts you should already have or be trying to get. Multi-Vehicle Discount If you have multiple cars or share a …

Read more

Rollover 401(k)s to an IRA – Why and How

Things are different now. Decades ago when you took a job, you stayed with that company for a long time, often for life. Today, studies show that the average American holds over eight jobs between the ages of 18 and 45. Because of that, many are asking the question during job …

Read more

Deficit Reduction Plan: Solve America’s Debt Problem By Cutting Taxes, Social Security, Medicare and Federal Retirement Benefits

To tackle America’s growing national debt problem, President Obama put together a task force earlier this year to look at options on how to cut government spending, implement tax reform and improve the effectiveness of federal entitlement programs. The deficit reduction commission co-chairs (Erskine Bowles and Alan Simpson) put forward a $3.8 trillion deficit-cutting draft plan that calls for discretionary spending to be cut by $1.4 trillion over 10 years, while mandatory spending – including Social Security, Medicare and Medicaid – would be reduced by $733 billion. Taxes would be raised by $751 billion. More specifically:

Read more

Simple Tips on Saving Money at Christmas

Christmas spending during the pandemic was relatively low in comparison with other years, but that’s all set to change this Christmas as Americans return to spending money. According to the National Retail Federation (NRF), shoppers are ready to part with their cash this holiday season and have forecast record retail …

Read more

401k, 403b, IRA Contribution and Income Limit Changes Officially Released by IRS

[Update] You can now see the most up-to-date 401K/403b, IRA and Roth IRA limits here


The IRS has released the latest 401k, 403b, IRA and other retirement/thrift plan contribution and income limits. With COLA remaining unchanged again this year, 2011 plan limits have also remained largely unchanged for the third year in a row. Income thresholds have marginally increased over last year.

Here is a summary of the main changes with links to more detailed articles:

Read more