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Addiction Recovery Program- Cares More About People than Profits, Providing a "Pay-What-You-Can" Option for January 2009
Internationally award winning All Addictions Life Recovery Program is putting people before profits by launching a "Pay-What-You-Can option" for the entire month of January. The goal is to assist those struggling with stress and addiction, especially given today's economic climate. This 3 to 6 month online program provides accessible, anonymous, 24/7 support for anyone struggling with stress, anxiety, shopping, overspending, overeating, drugs, alcohol, gambling or other destructive behaviours. (PRWeb Jan 2, 2009)
Roth 401k – New Retirement Savings Plan. By Simon Fox Brand new employer sponsored plan is a hybrid of a traditional 401k and a Roth IRA.
Income tax rates have been cut, the marriage penalty done away with, and the "death tax" is also on a path to no more. All of this is a result of the Bush administration's Economic Growth and Tax Relief Reconciliation Act which was passed by a Republican congress in 2001. Another provision of that act went into effect on January 1st, 2006, a hybrid of a traditional 401k and a traditional Roth IRA called the Roth 401k.
Yet another employer sponsored savings plan, the new Roth 401k works in almost the same way as a traditional 401k plan. Workers invest a portion of their income into a fund along with contributions from their employer (if any). The difference is that the traditional 401k is funded with "pre-tax" dollars and the Roth 401k plan uses "after-tax" dollars. However, with the Roth 401k, withdrawal of your money at will be tax free like a Roth IRA. The traditional 401k plan defers the tax owed during your career until retirement.
Although it may sound like the best of both worlds, it is important to note that no employer is required to offer this new Roth 401k plan. In fact, a recent survey by employee benefits consulting firm Hewitt and Associates found that only
]]> Thor Credit: Enabling Dealers to Get More Consumers Into New RVs Thor Industries, Inc. announced it will re-establish Thor Credit in an effort to make RV financing available to more consumers interested in purchasing a new or used Thor recreational vehicle. Dealerships like Pedata RV Center see the benefits as credit hungry consumers are attracted to Thor inventory. (PRWEB Jan 2, 2009)
31 % of employers currently offering the traditional 401k plan are considering implementing the new Roth 401k.
Contribution limits for the plans are: in 2005, $14,000 for a 401k and $4,000 for an IRA, whether Roth or traditional. In 2006, this amount will increase to $15,000 for both 401k and IRAs.
For in depth answers to your and investment questions, visit to www.howmuchanswers.com - providing simple and easy to understand information about 401k plans and IRA accounts.
Retirement Tax Havens By Ken E Morris Financial planning is really life planning. Choosing a home, particularly a retirement home, involves many factors. With state and local taxes on the rise, retirees should look closely at tax matters Read more...
Saving For Retirement - More Americans Than Ever Face Poverty In Retirement By Sacha Tarkovsy The baby boomer generation is retiring and facing up to the fact that not only have they not saved enough, their living longer, getting less support from the state than ever and inflation is eating Read more...
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