Tax Favoured Investments

It doesn't pay to save these days

The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first time since last year's financial meltdown, dampening spending as Americans...

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Sharjah Islamic Bank and Family Development Centers re-launch Hasalati programme

Sharjah 22 November 2009: Family Development Centers (FDC), a subsidiary of the Supreme Council for Family Affairs, recently organized a celebration, in cooperation with the Sharjah Islamic Bank (SIB), to re-launch its Hasalati...

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Uniform Gift to Minors Act

A Custodial Account College Savings Program Parents saving for college can start a special trust for their child's future education. However, with the advent of the Uniform Gift to Minors Act (UGMA), opening a trust in a...

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Andrew Haigh: Friendly societies serve customers rather than shareholders

Published Date: 22 November 2009 FRIENDLY societies are one of the unsung success stories to emerge from the financial crisis, not only proving resilient through economic turmoil, but attracting new customers and enjoying...

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Year-end goal: Use up your flexible spending account (FSA)

By Gregory Karp The Morning Call (Allentown, Pa The end of the year typically means frantic spending on the holidays, but it also could mean frantically using up your flexible spending account. However, there are some creative...

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There is no investment 'cure' for a bad feeling

Q: My wife and I are 81 and 84. We have $400,000 (all our savings) in two $200,000 CDs that are averaging 3.8 percent interest. If that happens, your 3.8 percent-yield CDs and other, longer-term fixed-income investments will...

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All the right moves needed to expand pension coverage

road public support will be required to ensure Canada makes the right moves to expand pension coverage while the shortfall in retirement income is such a hot topic. The question is whether politicians will hear from many of the...

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Personal finance: Vital things you need to know about inherited IRAs

Doing so is bittersweet. Here’s an overview of what experts say are the most important things you need to know about inheriting IRAs. Name and maintain correct beneficiaries of an inherited IRA. "The beneficiary form on an IRA...

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Savvy Self-Employed Seek Little-Known Tax Benefits Within The Solo 401k

Summary: The Solo 401k is designed for the self-employed and offers powerful features not found in traditional 401k or IRA retirement plans. The Solo 401k offers unique tax benefits to those who open...

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9 Ways to Cut Health-Care Costs (Motley Fool)

Over the past 25 years, health-care costs have grown more than twice as fast as overall inflation. It might make sense to opt out of one plan and choose the family option on another. Contribute to a flexible spending account...

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