Retirement
We Have to Have Hope
Mon, 2010-04-12 12:47 | 
jmrigtrup's blog | 
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Tags: Debt & Credit, Estate Planning, Investment, Retirement, Saving, Taxes
When Tomorrow Became Today
What do these things have in common? Your daughter’s wedding, turning 40 and retirement.
You thought that day would never come.
But it did - or it will.
401(k) Plan Distribution Requirements
Distributions from a 401(k) plan are allowed only for the following events:
Who Pays Social Security Taxes?
Who pays Social Security taxes? If you work, you do. Social Security and Medicare taxes are withheld from your paycheck, matched by your employer, and sent to the IRS. You and your employer each pay 7.65 percent of your gross salary in taxes, up to a maximum taxable salary of $106,800 in 2009 (up from $102,000 in 2008). This limit usually...
What Will Social Security And Your Pension Provide?
If you have been working all your life contributing the maximum to the Social Security system, you could receive over $15,000 at your normal retirement age ($24,000 for a couple). Of course, these figures will be adjusted for inflation. If you choose to start receiving your benefits before your normal retirement age, you will receive a reduced benefit. To find out how much you are entitled to...