Does the 401(k) max contribution limit include the employer match?

There is a maximum limit on the total yearly employee pre-tax salary deferral. The limit is $15,500 for the year 2007, and will remain $15,500 for the year 2008. Employees who are 50 years old or over at any time during the year are now allowed additional pre-tax “catch up” contributions of up to $5,000 [...]

Money as Debt

Many people find the current level of debt to be at an unbelievable level. It is difficult to see how an economy can survive when the majority of money spent is actually owed to someone else. So much so, that if there was no debt, there would be no money.
If you’re not sure what [...]

$19 Billion In Overdraft Fees

Overdraft fees have morphed into a big money-maker for banks. Kiplinger’s recently reported that lenders collected more than $19 billion this year, up 85% from 2004. Banks charge as much as $35 for a check, ATM withdrawal or debit purchase when funds to cover them are lacking, even if it’s a $2 [...]

www.tradingconceptsinc.com - Review*

Are you interested in learning about Emini Trading? Trading Concepts, Inc may provide what you are looking for. Eminis, sometimes referred to as emini futures are smaller units of older futures contracts that have been around for quite a while. Emini contracts are relatively new to the trading scene while the “full” contracts have [...]

Should I sign up for a Health Savings Account?

One of the joys of starting a new job, is wading through the benefit enrollment process. Unlike at my old job, I now have the option of signing up for a Health Savings Account.
A Health Saving Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the US who are enrolled in [...]

From The Archives: Leverage, The Efficient Market Hypothesis, and Emergency Funds

Lets Talk About Leverage -Leverage allows you to use a small amount of your own money to make an investment that you expect to increase in value. In that way, leverage can increase your buying power and give you control of potentially valuable assets.
What is the Efficient Market Hypothesis? -EMH suggests that the army [...]

Net Worth Monthly Percentage Change

I was recently asked by CFO Dad in a comment:
Wondering if you have ever graphed/tracked your monthly % change in assets over time. What is a “good” month? What does this average to annually, and how does this change over time? (Obviously harder to maintain a high % increase when you have a very large [...]