Wouldn’t you know it, the day the Dow decides to cross 10,000, I have a chunk of money sitting on the sidelines. It wasn’t intentional, as I don’t believe in timing the market; it was the result of moving some money around. I was moving our solo 401k from Fidelity to Vanguard. At the same […]
Do you need a traditional retail bank? Until recently this might have been an odd question. Bank failures, government bailouts and increased fees are causing many people to stop and think about their choice of bank. In this day of direct deposit, ubiquitous ATM’s and increased competition some people are realizing that all of their […]
Solo 401k or a SEP-IRA, which one is the best retirement plan for the self-employed? When I told you about my struggles with my Solo 401k contribution at Fidelity, Lee suggested I look at the SEP-IRA, which made us take a step back and relook at all the available plans; the Solo 401k, the SEP-IRA, […]
Bank of America is pretty good about offering sign up bonuses for new customers and their latest one is our Free Money Friday offer this week! Bank of America is giving new customers $100 for opening a new checking account with them. How to Get Your Sign Up Bonus Open a qualifying personal checking account […]
Did you know you can get DirecTV at two houses on the same account? Crazy. I took the two little kids for a weekend visit to Michigan. My grandma used to live there; after she passed away last year, my extended family now uses it for vacations. My uncle, who was visiting from California, had […]
Today we’ll wrap up our look at various retirement plans ideal for small business owners and the self-employed with the one that inspired the series – the Solo 401k. So far, we’ve looked at the SEP-IRA and the SIMPLE IRA. Solo 401k Overview A Solo 401k combines the characteristics of a regular 401k plan with […]
SIMPLE IRAs are up next as we continue the series exploring three different types of retirement plans ideal for small business owners and the self-employed. Yesterday, we started the series with an in-depth look at the SEP-IRA. SIMPLE IRA Overview SIMPLE stands for Savings Incentive Match Plan for Employees. SIMPLEs were established to encourage small […]
After Madison posted about her Solo 401(k) woes, a reader, Lee, suggested she look into a SEP-IRA instead. Let’s take a step back and explore 3 different types of retirement plans ideal for small business owners and the self-employed. We’ll start the series with an in-depth look at the SEP-IRA. SEP-IRA Overview SEP stands for […]
Sorry, this contest is over. However, if you want to buy gift cards for a fraction of their value, check out Plastic Jungle! You can even sell or swap your existing gift cards, too. To celebrate My Dollar Plan’s one millionth visitor, it’s time for a giveaway! What a perfect way to celebrate Free Money […]
