What Makes First-Time Buyers Tick? Oct 28, 2009
In May, Soper said, "First-time buyers are back in force this spring, and with them the beginning of the market recovery. While these consumers appreciate government incentives such as tax credits, greater Registered Retirement Savings Plan deduction limits and rebates on home renovations, it is markedly improved affordability that is proving to be the powerful drawing card.". Re/Max correctly predicted that the activity at the low end of the housing market would kick-start sales in the mid and... (RealtyTimes)
Cuts Made At Local State Parks Oct 28, 2009
2 million, one-time budget savings plan Gov. Arnold Schwarzenegger announced on Sept. 25 to keep parks open with the least disruption to visitors. Roy Stearns, deputy director of communications with , said park officials may make more adjustments to better save money. (KSBW 8, CA)
Will People Follow a Health Care Mandate? Oct 27, 2009
The thinking is that people tend to settle for the default option -- in the most oft-cited example, people are far more likely to participate in a 401(k) savings plan at work if they are automatically enrolled in it, with the choice of opting out. OMB Director Peter Orszag has done research on that point, and Cass R. Sunstein, the director of the White House Office of Information and Regulatory Affairs, featured it in "Nudge," the 2008 popularization of behavioral theory that he co-authored. (CBS News -- US)
Strattec warns while sales, profit jump Oct 23, 2009
The company will supplement its existing defined contribution 401(k) savings plan effective Jan. 1, 2010, with a higher company matching contribution. In addition, the company s retiree health insurance benefit program for eligible U.S. participants will also be changed to cap the amount of future payouts for associates who retire after Dec. 31, 2009. (Milwaukee Business Journal, WI)
State may push for TVs to use half the energy Oct 23, 2009
Wyatt Buchanan, Chronicle Sacramento Bureau. Thursday, October 22, 2009. (San Francisco Chronicle)
'Time for action' on fuel poverty Oct 20, 2009
" Carbon emissionsShe said there were ways and means of combating fuel poverty including energy efficiency measures and helping people claim the benefits they are currently not. Ms Davidson said tackling fuel poverty in Wales was high on her list of objectives and an updated fuel poverty strategy would be published for consultation in the next couple of weeks. "Making homes more energy efficient will also play a significant part in hitting our target of cutting carbon emissions by 3% a year from... (BBC News -- UK)
SSM sees $48 million gain in first half of 09 Oct 19, 2009
SSM also halted its employee tuition reimbursement program and stopped making matches to employees 403(b) savings plan, all as part of a plan designed to save the system more than $10 million. But things are turning around. (St. Louis Business Journal, MO)
Residents want curbs on state pension benefits Oct 17, 2009
But more than half of those polled supported changing the rules for new public employees, including setting an upper limit on the amount a person can receive in pension benefits, replacing the pension system with a 401(k) retirement savings plan, or making current pension-setting formulas less generous. Fifty-eight percent of voters overwhelmingly opposed the idea of imposing a surtax on annual pension benefits that total more than $50,000. (San Francisco Chronicle)
Survey: College is top savings goal for teens Oct 17, 2009
There's also a 529 savings plan option that's an investment account offering tax-free earnings growth to cover tuition and other costs such as room, board and books. Other options include a Coverdell education savings account, which is similar to a Roth IRA in which taxes are paid up front but the savings grows tax-free and are taken out with no taxes due. (Orangeburg Times and Democrat, SC)
Single Parenting and Money Oct 12, 2009
Many single parents find it difficult to keep afloat with their finances, let alone begin a savings plan. Cash goes into paying household bills, keeping food on the table and paying school and childcare fees. (Suite101.com)
Why put workers on hook to cut city costs? Oct 11, 2009
But instead of looking at new sources of revenue, he wants working people to give up their collective bargaining rights regarding health insurance by joining the Group Insurance Commission, and to give away a real pension for a glorified savings plan called a 401(k). How do these measures raise the standard of living or secure a better future for working people. (Boston Globe -- Editorial)
Home sweet home investment? Sure, in the long run Oct 10, 2009
Of course, paying principal builds equity and is the equivalent of a forced savings plan, which can finance big expenses such as college tuition. In the long run, many people fund their retirement partly by selling a home they've owned for many years and moving into smaller, cheaper housing. (Muscatine Journal, IO)
Young investor with stable job can withstand more risk in Thrift Savings Plan Oct 10, 2009
He is in the process of establishing his Thrift Savings Plan. There are five funds within the Thrift Savings Plan in which to invest: (1) a government securities fund; (2) a fixed-income fund that duplicates Lehman Bros ... It shares this shortcoming with the complete portfolios, known as L funds, which are also available through the Thrift Savings Plan - all contain more than $2 of domestic equities for each $1 of international equities. (Boston Globe)
8 great companies to retire from Oct 9, 2009
Since the start of 2008, with the markets crumbling and the average savings plan at Fidelity down 27%, IBM's 401(k)s have fallen just 12. By Maha Atal, reporter. (CNN -- Money / Personal Finance)
Computers & Information Technology Opportunities Oct 8, 2009
Retirement Savings Plan. Family services and support groups. (The Clarion-Ledger)
How to Save for College Oct 2, 2009
529 Plan - How it Works: 529 savings plans are state-sponsored savings and investment programs ... Finding the Right 529 Plan for You With over 80 available, it can be a daunting task to find a 529 savings plan that is right for you ... Two 529 Plans that seem to rate well by the above criteria include the Utah Educational Savings Plan Trust which offers Vanguard funds, the states fixed income fund and an FDIC insured savings account and the New York 529 College Savings Program, with five... (CBS News -- Early Show)
Gen Y faces credit hurdles Oct 1, 2009
That means starting a savings plan ... Establish a savings plan with automatic debit. (Sydney Morning Herald -- Business)
Windermere keeps same millage Oct 1, 2009
By changing the town s health insurance plan for employees to a health savings plan, the town was able to cut costs by approximately 100,000. Residents should see a reduction in property taxes because a millage rate of 3. (Winter Garden West Orange Times, FL)
Walgreen 4Q profit falls, but results top forecast Oct 1, 2009
company said its "Rewiring for Growth" savings plan started to pay off during the quarter, and also indicated the effects of the recession may be easing. Walgreen shares climbed to an annual high on the results. (Yahoo News -- Pharmaceutical Industry News)
North Andover Education News Sep 30, 2009
The money will be deposited in the student s name into a U.Fund College Investing Plan account, the Massachusetts 529 college savings plan offered by MEFA and managed by Fidelity Investments. In addition, schools of participating students in Massachusetts will have an opportunity to win $500, $300 and $100 gift cards for school supplies. (North Andover Citizen, MA)
College costs Sep 30, 2009
529 college savings plan ... Prepaid or guaranteed state college savings plan ... Many parents were similarly traumatized after last year's bear market demolished their college savings plans. (USA Today -- Money)
After meeting with union head, Panthers worry about lockout Sep 26, 2009
Smith's major emphasis in his trips to teams is to encourage the savings plan the union is putting into place this year, trying to help players put money aside in case there's no football in 2011. They're encouraging the membership to put aside 25 percent of their earnings the next two seasons to cover themselves, but there will be programs funded by the NFLPA to help players with mortgages if their paychecks go away. (Herald Online, SC -- Sports)
Be careful if cosigning a loan - it could keep you from getting one of your own Sep 24, 2009
First, how do I get the funds out of the 529 savings plan. Right now, I want to take the money and go on a dream vacation. (Boston Globe)
Employees keep faith in 401(k)s despite bad time Sep 24, 2009
Perhaps, also, some of the lessons drilled into investors over the years actually sank in, such as the importance of sticking with a savings plan and not switching long-term strategies in response to short-term volatility. "We found that, by and large, workers kept the faith," said Catherine Collinson of the Transamerica Center for Retirement Studies in Los Angeles. (AZCentral -- Business)
The incentive to succeed Sep 23, 2009
" through to a comprehensive financial road map. Good advice goes a long way Ross Jackson has been a client of AMP's Andrew Heaven for almost 20 years. Over that time, what started out as a professional relationship has become a personal one as well. Ross says his main goal, and that of his partner, Lisa, is to save enough to afford a comfortable retirement. Ross, 40, is the managing director of a small business in Sydney's northern suburbs. His parents were clients of AMP and he followed in... (Sydney Morning Herald -- Business)
Home Appliance/Refrigeration (Jackson, MS) Sep 22, 2009
Login to save this job to your account. Login is currently unavailable while we perform necessary maintenance. (The Clarion-Ledger)
Smart Spending: Christmas Clubs Sep 20, 2009
NEW YORK As Americans resume saving, credit unions and banks are reviving a concept that once seemed to have gone the way of the horse-drawn sleigh: the holiday savings plan, or Christmas club. "It is a throwback to a bygone era," said Steve Rick, a senior economist for the Credit Union National Association. (Republican-American)
The 411 on 529 college savings plans Sep 20, 2009
NEW YORK You may have heard about the new push to get families to invest in 529 college savings plans ... Though still not widely used, 529 savings plans got a fresh endorsement recently when the Obama administration urged states to make it easier for middle-class families to enroll in them ... Put simply, a 529 savings plan lets families invest for college in much the same way as 401(k) plans let families save for retirement. (Republican-American)
FT Home Appliance Repair Tech (Merritt Island, FL) Sep 20, 2009
Job Snapshot Location: Merritt Island, FL 32952. Employee Type: Full-Time Industry: Other Great Industries Manages Others: Not Specified Job Type: Installation - Maint - Repair Other Education: High School Experience: At least 3 year(s) Division: Aory Services Post Date: 9/19/2009 Contact Information Ref ID: 70555BR Description Aory Service is the nationwide leader in product repair service that provides a professional repair experience for our customers. (Florida Today)
Co-signing way to help, but it may damage you Sep 20, 2009
First, how do I get the funds out of the 529 savings plan. Second, how do I get over the anger of scrimping and saving for years, only to have her throw everything away. (Fresno Bee -- Business)
Bright outlook for domestic takaful business Sep 19, 2009
Acting on this strategy, STMB has in the pipeline three new takaful products for its financial year ending June 30, 2010, namely Takaful myGraduan (protection and savings plan), Takaful myInvest (protection and investment plan) and Takaful myGemilang (retirement plan). High-tech information technology solutions are also necessary to support the dynamic and various distribution channels such as corporate sales, bancatakaful and retail divisions within STMB, Hassan noted. (The Star Online, Malaysia)
Savings Accounts Sep 17, 2009
Must set up an automatic savings plan of $100 or more ... Set up a monthly Automatic Savings Plan for $100 (or more) and receive a variable rate of 5. (Sydney Morning Herald -- Business)
Mercedes and BMW Hit Hardest by Slump Sep 17, 2009
Zetsche has introduced a savings plan aimed at reducing costs by 4 billion a year. But he still hasn't been able to come up with conclusive answers to key questions. (BusinessWeek)
Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan Sep 17, 2009
Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan - Yahoo ... Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan ... If you are a participant in the Textron Savings Plan and wish to discuss the legal ramifications of the administrator's investment in Company stock, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you,... (Primezone Releases)
College money: Are you saving in this economy? Sep 16, 2009
529s are college savings plans that work much like Roth IRAs ... Roughly 11 million accounts have been opened since the federal government gave them tax exemptions in 2002, and they now account for about $100 billion in savings, according to the College Savings Plan Network in Lexington, Ky ... The 529 College Savings Plans. (Atlanta Journal-Constitution -- Living)
Planning for retrenchment Sep 15, 2009
Dont be caught unprepared; keep your CV up to date and your savings plan on schedule. Network as much as possible so that you make connections with people who could be your potential employers in the future. (iAfrica.com)
Introduction to UK Defined Contribu... Sep 13, 2009
Defined contribution pension schemes operate in the same way as most regular savings plans ... A major incentive for people to save through pension plans, rather than other types of savings plan, is the tax relief they receive. (Suite101.com)
SamTrans cuts largely spare coast Sep 11, 2009
SamTrans directors adopted a cost-savings plan Wednesday night that keeps Coastside routes at the cost of higher fares and service reductions in other parts of the county ... Until last week, when staff issued a revised savings plan, directors were strongly considering eliminating Route 17, which runs along Highway 1 from Pescadero to Montara. (Half Moon Bay Review, CA)
Buying a Home? Consider the Home Bu... Sep 9, 2009
One disadvantage that is often overlooked is the loss of earning potential in the RRSP. Since the balance of the savings plan would now been reduced, the funds remaining may not grow as quickly. However, many would argue that the appreciation in value of a newly purchased home may outweigh any loss over time. (Suite101.com)
A plan to save for life Sep 7, 2009
For those of us not planning on winning the lottery any time soon, following a realistic savings plan is going to make life a whole lot easier," O'Leary says. "Take advantage of compound interest and watch savings grow. BUDGET BENEFITS. (Sydney Morning Herald -- Business)
Rep. Giffords acted with dignity, aplomb at forum Sep 6, 2009
Giffords acted with dignity, aplomb at forum : Sierra Vista, AZ. The Sierra Vista Herald. (Sierra Vista Herald, AZ)
The Florida Prepaid College Board Elects New Chairman, Mr. Duane Ottenstroer Sep 5, 2009
"I truly share the Board's commitment to helping Floridians save for future college expenses by providing the best, most cost effective, financially sound college savings plans and programs possible," Chairman Ottenstroer said ... The Florida College Investment Plan is a college savings plan, is not guaranteed, principal and investment returns will fluctuate, and you could lose all or a portion of your investment. (PR Newswire)
Get the MOST for College Sep 5, 2009
Missourians thinking about sending a child to college should consider the advantages of investing in MOST - Missouri's 529 college savings plan. It is a smart and affordable way to save for college. (Missourian Publishing, MO)
Variety of financial questions answered Sep 1, 2009
I think I have to cut back my Thrift Savings Plan contribution to 5% or possibly less ... I think I have to cut back my Thrift Savings Plan contribution to 5% or possibly less ... A recent study found about 6 percent stopped contributing to 401(k) plans altogether as they blamed workplace retirement savings plans, rather than the investments within the 401(k) plans, for losses. (Fresno Bee -- Business)
State delays premiums on college savings plans Sep 1, 2009
That gave them little time to avoid the premiums by investing in the college savings plan before then ... 1 billion Guaranteed Savings Plan plan, which allows parents, grandparents and others to purchase college tuition credits at today's prices ... Once the premiums are imposed, a unit of tuition at Pitt that cost $535 in the 2008-09 school year will cost $556 for students enrolled in the 2009-10 school year and $600 if purchased for future use through the state's guaranteed college savings... (Pittsburgh Post-Gazette, PA)
Savings Alert! Last Chance To Save For College at The 2008-2009 Lower Tuition Rates Sep 1, 2009
Aug. 31 /PRNewswire-USNewswire/ -- Pennsylvania Treasurer Rob McCord is extending the deadline for families to contribute money to a Pennsylvania 529 Guaranteed Savings Plan (GSP) account at the 2008-2009 tuition rates ... Sponsored by the Commonwealth of Pennsylvania and administered by the McCord Treasury, the GSP is a college savings plan which grows based on tuition inflation. (PR Newswire)
Successful saving Aug 31, 2009
The products that suit short term savings plans are bank savings accounts, call accounts, fixed deposits and money market accounts ... Spend some time carefully planning how much you will need to save and then set up a systematic savings plan (a debit order off your bank account) ... A long term savings plan for retirement should include a structured and tax effective product like a retirement annuity. (iAfrica.com)
Mr. Dean Curtis: Press Release Aug 28, 2009
CALGARY, ALBERTA--(Marketwire - Aug. 27, 2009) - Mr. Dean Curtis announces that he, through his registered retirement savings plan ("RRSP"), has acquired 3,600,000 units ("Units") of Continent Resources Inc. ("Continent") at a price of $0. 50 per Unit. (CCNMatthews Press Releases)
Pa. imposes premium for tuition savings plan Aug 25, 2009
imposes premium for tuition savings plan ... imposes premium for tuition savings plan Tuesday, August 25, 2009 By Len Boselovic, Pittsburgh Post-Gazette ... 9 million deficit caused by soured investments means investors saving for college through Pennsylvania's Guaranteed Savings Plan will have to pay more than $1 for $1 of tuition. (Pittsburgh Post-Gazette, PA)
'Confidence' in state of pensions Aug 25, 2009
Aon said that the number of people asking about their projected pension based on their current savings plan fell by 9% in the second quarter of the year compared with the first three months of 2009. However, the numbers were still 36% higher than the same period the previous year. (BBC News -- Business)
Keller Rohrback L.L.P. Announces ERISA Investigation Regarding the Textron Savings Plan Aug 21, 2009
The investigation focuses on investments in Company stock in the Textron Savings Plan (the "Plan") ... If you are a participant in the Textron Savings Plan and held Textron common stock in the Plan, you may contact paralegal Jennifer Tuato'o or attorneys Erin Riley, Derek Loeser, or Lynn Sarko toll free at (800) 776-6044, or via e-mail at. (Primezone Releases)
Can you invest for college, retirement at same time? Aug 19, 2009
One possible strategy is to contribute to your 401(k) and your IRA, and then use whatever money you still have available to fund a college savings plan. If your employer offers a match for your 401(k) or other retirement plan - such as a 403(b) or 457(b) - you should, at the very least, contribute enough to earn the match. (Rockport Pilot, TX)
Your views: Letters to the editor Aug 18, 2009
In addition, under federal law, because Mercedes offered an ESOP, it was not required to, and did not, offer a 401(k) retirement savings plan. Also, the Bueschers chose to extol the ESOP as such a wonderful employee benefit, not offered by other builders, that they were justified in paying below-industry-average salaries and commissions. (Florida Today)
Managing a budget Aug 18, 2009
To put your savings plan into action, youll need to identify your current spending patterns. And, the best way to get an accurate reading of your monthly expenditure is to analyse it over three months. (iAfrica.com)
Employees again putting away money Aug 18, 2009
BOSTON Workers are again embracing 401(k) plans after the market meltdown and ongoing recession left many unable or unwilling to set aside some of their paychecks for retirement, according to the nation s largest workplace savings plan provider ... The figures are based only on workplace savings plans administered by Fidelity, which estimates its share of that market at about 25 percent ... As for those 50 and over and close to retirement, more than 70 percent of those eligible participate in... (Orangeburg Times and Democrat, SC)
Ore. wins first round against college fund manager Aug 18, 2009
Oppenheimer's Core Bond Fund, valued at $89 million in the state's college savings plan last September, caused big losses in eight of 15 Oregon college investment portfolios. . (OregonLive, OR -- News)
FACT CHECK: No 'death panel' in health care bill Aug 16, 2009
boscoe wrote on Aug 14, 2009 6:08 PM:" if you had a catastrophic insurance policy it might cost less than $100 a month, so you could pocket the remaining $256 and use it to pay the smaller bills. I am just pulling numbers out of the air here- but you should get my point. Insurance by its very definition should be shared risk for catastrophic expenses. It would be very cheaper that way. However, we have gotten used to using it for a prepaid/forced savings plan to cover all the little expenses,... (Jefferson City News Tribune, MO)
Charlevoix County hires firm to find ways to cut energy usage Aug 15, 2009
By Steve Zucker Petoskey News-Review Staff Writer Friday, August 14, 2009 9:09 AM EDT CHARLEVOIX The Charlevoix County Board of Commissioners has hired a consultant to help it develop an energy savings plan for its two most-used buildings ... Bullion explained he would not expect to be paid if he does not deliver a viable energy savings plan as promised. (Gaylord Herald Times, MI)
Workers adding to 401(k)s again Aug 13, 2009
US workers are again embracing 401(k) plans after the market meltdown and recession left many unable or unwilling to set aside some of their pay for retirement, according to Boston-based Fidelity Investments, the largest workplace savings plan provider. In the second quarter, more participants in Fidelity s defined contribution plans raised the amount they set aside. (Boston Globe)
Lifeplan, Australian Unity to merge Aug 13, 2009
The group's combined investment bond, funeral bond and education savings plan business, which will be based in Adelaide, will continue to carry the Lifeplan name. 2009 Brought to you by. (Sydney Morning Herald -- Business)
Where to Find Money for College Aug 12, 2009
The severe stock market downturn of 2008 hit many 529 college savings plans and other investments hard, leaving parents wondering how they will make up the shortfall when their children start college in a few years ... In addition to money set aside in college funds, such as 529 college savings plans and Coverdell education savings accounts (ESA), parents of college bound students often consider college scholarships and student loans as alternative sources of college funding ... This delay also... (Suite101.com)
Essential Energy Services Trust Announces Second Quarter 2009 Results and Quarterly Distribution Aug 12, 2009
These measures include 10% voluntary salary rollbacks for the executive management team, suspension of the Trust's short term incentive and savings plan matching programs, employees agreeing to take unpaid leaves of absence and further headcount reductions. As a result of these initiatives, and other discretionary cost saving measures implemented since that time, the Trust expects to realize $4 million of general and administrative cost savings throughout 2009. (CCNMatthews Press Releases)
Colonial faces lawsuit over 401K investments Aug 12, 2009
Pennsylvania-based Howard G. Smith has announced that it is investigating the Montgomery-based banking company regarding its 401(K) Savings Plan, which had investments in its common stock that is now considered a penny stock. The firm is investigating whether administrators of the savings plan breached their fiduciary duties to the Plan s participants in violation of the Employee Retirement Income Security Act of 1974, according to a written statement. (Birmingham Business Journal, AL)
Remember: Congress works for us Aug 10, 2009
If you had a servant or maid, would they have a better health plan or retirement or savings plan better than yours. Edward Lewandowski, Evans. (The Augusta Chronicle)
Sallie Mae and Upromise Investments Award Newlyweds, Both Liver Transplant Recipients, with $15,000 to Help Pursue Higher Education Dreams Aug 7, 2009
--(BUSINESS WIRE)--Sallie Mae and its affiliate Upromise Investments today announced a 529 college savings plan contribution on an episode of the new TNT show Wedding Day, a series that gives deserving brides and grooms a helping hand to ensure they get the wedding of their dreams ... Through its Upromise affiliates, the company also manages more than $19 billion in 529 college-savings plans, and is a major, private source of college funding contributions in America with 11 million members and... (Yahoo! Wire -- Entertainment News)
