Financial Plan Tag's Archives
Similar to a 401(k) used at companies across the country, a Solo 401(k) lets small-business owners share the fun and benefits. The business must be very small, however, limited to the owners of the business and their spouses.
The Solo 401(k) allows business owners to put away more money than a SIMPLE or SEP IRA, and there is some flexibility when it comes to contributions. You can contribute more or less every year, but a maximum of $16,500 for 2009.
Business Contribution, business owner, Business Plan, comfortable retirement, employee compensation, Employer contribution, financial adviser, Financial Plan, profit sharing component, Property Owner, retirement plan, Small Business, tax-deductible
Have you ever stood behind someone in line at the store and watched him shuffle through a stack of what must be at least 10 credit cards? Consumers with this many cards are still in the minority, but experts say that the majority of U.S. citizens have at least one credit card — and usually two or three.
It’s true that credit cards have become important sources of identification — if you want to rent a car, for example, you really need a major credit card. And used wisely, a credit card can provide convenience and allow you to make purchases with nearly a month to pay for them before finance charges kick in.
American consumer, automated teller machines, card holder, consumer behavior, credit card, Diners Club, expenses budget, Financial Market, Financial Plan, international bank, Internet Banking, Master Card, monthly installments, Purchasing Power, Savings Management, Service Provider, Visa Card