Boomers urged to boost retirement savings now
Rochelle Beck, a Miami crafts importer, started automatic retirement contributions after turning 45 and now feels more secure at 53. Financial planner Scott Bordelon warns Americans procrastinate and should pay themselves first, while tax law changes offer higher limits for 401k and IRA accounts to encourage catch up.
MENTIONED IN THIS ARTICLE
New York
Rochelle Beck
Miami
Maritz Research
Employee Benefit Research Institute
Washington
Beck
Scott Bordelon
Covington
Bordelon
Ellen Hoffman
Hoffman
Artisan Enterprise Network
Money market yields rise seven day while thirty day yield falls
The seven day average yield on money market mutual funds rose to 3.13 percent for the week ending Tuesday from 3.12 percent, while the 30 day average slipped to 3.19 percent from 3.22 percent. Bankrate.com's survey shows lower APYs for money market accounts and CDs across top markets with total money market assets at $2.128 trillion.
MENTIONED IN THIS ARTICLE
New York
Money Market
Money Fund Report
iMoneyNet Inc
Westboro
Mass
Money and Report
Money Fund Re
Money Funds
Bankrate.com
North Palm Beach, Fla.based
Bankrate Inc
Pros and cons of living trusts and legal guidance
The reader asks about living trusts including pros and cons and whether a lawyer is needed. Advice notes that trust setup costs vary and probate differences by state matter, recommending books by Denis Clifford and Nolo software, plus bar referrals and warnings about trust mills. It also covers probate costs in California and general need for legal expertise.
MENTIONED IN THIS ARTICLE
Los Angeles
Denis Clifford
Nolo Press
California
New York
Golden State
Schwab.com
Help4srs.org
Also Mentioned on This Page
Loomers
Eileen Alt Powell
Congress
Bob Trinz
RIA
Trinz
Mioney Fund
Jerry K.ask
Investment Services of
Secures
Princor Financial Services Corp
NASO
SIPC
Jerry K. Ask Investment Services
Princor
Sylvia Brim
CPA
CFP
CSA Retirement Planning Associates
Rockwell
TY Oe
Toru
Amarant Il
Commercial Federal
FDIC
Williams Blvd
Edgewood Rd
Seventh Avenue
First Avenue
Marion
Wwe
rmaraKels
Mt. Vernon Road
Johnson Avenue
Comfedbank.com
Sam
IRS
Irs.gov
CCH Inc
Cch.com
Liz Pulliam Weston
Los Angeles Times
Iowa City
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