Saving Your Child’s College Fund Takes Guts And Planning

You’ve heard all the bleak stories. Tuition at private universities is now so high that only the superrich and families willing to bury themselves in debt can afford it. Even parents who set their sights on a lower-cost state school can barely manage to save enough to keep pace with college-cost inflation. As they say, the hurrieder you go, the behinder you get. Saving for your child's future isn't so simple.Saving for your child’s future isn’t so simple. Well, it’s time to re-evaluate. The long U.S. economic boom has made postsecondary education more affordable than it’s been in a long time. Jobs are plentiful, and compensation is up. And while rising college costs continue to outpace the increase in consumer prices generally,…

Early Diagnosis Can Help You Save On Hard Drive Repair

If you end up in a situation that many of us do and encounter a hard drive crash – especially due to physical damage, it can be really frustrating. The foremost concern in such circumstances is to recover the data on the damaged hard drive. Instead of panicking, you need to take a few simple steps to find out the root cause behind the hard drive failure. Only with proper diagnosis, you can expect a complete hard drive repair and recover the data on it. Know what to do when your hard drive fails.Know what to do when your hard drive fails. First of all, you should immediately power off the computer and remove the hard disk from it because using a damaged…

Australia’s ETP A Fine Program Worth Considering In The USA

Redundancy is a time for decisions and making choices. Decisions on what to do with your life. Decisions on where to invest your payouts. In making these choices, you need to ensure your financial needs are met, both now and the future. It is critical that you understand exactly what payments you will receive when you finish a job, what you can do with each of these and the taxation implications. You need to have a clear idea of your priorities. The most important payment you will receive when you finish work is your Eligible Termination Payment (commonly known as an ETP). This is a lump sum payment you receive when you leave a job…

Why It Is Beneficial to Hire San Diego Internet Marketing Companies

imsdSan Diego is home to several companies that provide internet marketing services to all kinds of businesses. San Diego Internet marketing companies have been responsible for the rising popularity of several businesses in San Diego. These include a fitness facility, a sports club, an insurance company, and a computer store. There are several reasons why using internet marketing services¬† is highly beneficial. First, these companies are well-equipped in terms of manpower to provide the best internet marketing services to clients. They utilize bulk email campaigns that can reach millions of potential clients as well as social media marketing, which is now considered to be very effective. These companies employ the best people in the field…

Planning Your Pension: Be Smart And Stay Flush

pypbsDefined benefit plans — more commonly called pensions — are typically available automatically to any employee who meets the minimum requirements. Because the employer usually contributes the money to fund the plan, it is usually the administrator — not the individual employee — that is responsible for investing the funds. However, the employee may have representation through a union or through the employer on a committee that makes investment and plan structure decisions. Unlike defined benefit plans, defined contribution plans are funded by the employee (although, in some cases, the employer contributes matching funds). Most public sector employers offer a 457 or deferred compensation plan, but they also use plans — 403 (b), 401(k) or…

Staying Strong Through A Downturn

sstaRemember that cash reserve you’re supposed to have for an emergency? The money you always meant to save but never did? For tens of thousands of us, the emergency may be at hand. In the current business downturn, you or your spouse may be laid off. You may lose overtime you’d counted on. Your company may increase the cost of your health benefits or reduce your bonus. You may have to help a child who is suddenly out of work. Fortunately, the slowdown isn’t expected to be severe. But this uncertain time should serve as a wake-up call for any families living at the edge of their incomes or beyond. Here are some ways to…

Financial Education, Military Style

femsWhat are you doing about personal financial issues in your EAP? Are employee financial problems very significant in your workplace? Are they even recorded? What are the symptoms? Does your payroll department report any employees using garnishment as a form of debt management? Our experience with the U.S. Navy’s equivalent of a civilian EAP suggests that for every financial problem we see in our Fleet and Family Services Center (FFSC) in Hampton Roads, Va., there are nine more we do not see. Eventually, these nine will make their presence known, often in ways that affect work performance and productivity. We all know intuitively (and too often from experience) that financial wellness is clearly related to…

Budgeting In College: Some Tips

bicstPlanning for college is about making choices, and those choices go way beyond choosing your school. Deciding how to manage your money is a choice you’ll want to handle early and with care. This is a lesson some students learn too late. Take Jen’s friend Jason, who lived down the hall from her at Boston College. With a new credit card in his wallet and newfound independence, Jason charged $500 worth of pizzas during the first month of school. “He used to ask everyone in our hallway if they wanted some,” Jen recalls. Now, six years later, “he’s probably still paying it off!” If Jason had thought about a budget before getting to school, he…

Will Your Savings Run Out: A British Case Study

wysroAccording to recent research undertaken for the Department of Social Security, about half of people of working age are not making any contributions to a non-state pension at the moment. Nearly half of these were not working at the time of the interviews, but the rest were — either as employees or, less commonly, self-employed. This, and the “ageing” of the British population, has prompted the Labour government to launch its stakeholder pension. What exactly is it? Will it appeal to people with inadequate provision for their old age? Will pension providers want to offer it? In short, will it help to combat financial and social exclusion among tomorrow’s pensioners? The stakeholder pension is an…

QTIP, Sheltering Estate Taxes And You

qtipSuppose each of your clients has a will that provides that the survivor will receive property that will qualify for the marital deduction only to the extent necessary to bring down to zero the estate tax owed by the estate of the first to die. In that case, any property that does not qualify for the marital deduction will not be subject to estate tax in the estate of the survivor. * Preventing property from qualifying for the marital deduction. Here are a few ways to prevent property from qualifying for the marital deduction. 1. Leave part of the estate to someone other than the surviving spouse. This can be done outright or in trust…