Should I roll over old 401K to new employer plan
Financial guidance suggests evaluating investment options and accessibility in the old plan versus the new. Rolling to the new plan often simplifies management and preserves tax deferral if the new plan accepts the assets. Consider a rollover IRA for broader investments, then consult a tax or financial advisor to avoid taxes.
MENTIONED IN THIS ARTICLE
CFS
oOr
Jack
Liverpool
Nancy
Heighbaldwin.com
Community Bank expands in New York with outsized growth
Community Bank Systems, owner of Community Bank in De Witt with one Onondaga County branch, has grown across rural New York by acquiring branches dumped by larger rivals. It reports 2Q2000 revenue of 35.6 million, net assets near 19 billion, and gains from noninterest income and recent acquisitions including Elias Asset Management and Citizens National Bank of Malone. The firm emphasizes service in smaller markets, offers a wide range of financial services, and maintains a low price-to-earnings ratio while paying steady dividends.
MENTIONED IN THIS ARTICLE
de Witt
Onondaga County
Mui Aktohinet
Olisais
Community Bank
For
Song
Franklin County
Chautauqua County
Barron’s
Reading Bank
Mar- Rola
Luk
Sanford A Belden
Citizens National Bank of
Malone
Finciial Gunsudlz
Elias Asset Management
Williamsville
Frm
Belden
DTCC Links Global Exchanges to Ease Cross Border Trading
The DTCC envisions trading across borders as easily as within the United States. Investors could buy foreign shares directly, with clearance and settlement in the U S. The system already links exchanges in Germany Switzerland the UK and Hong Kong and plans to expand. It processes trades for every U S exchange handling equities and most bonds and holds vast shares of NYSE Nasdaq and AMEX.
MENTIONED IN THIS ARTICLE
United States
DTCC
DanlerChrysler
Stock Exchange
Switzerland
United Kingdom
Hong Kong
Letaler
DaimlerChrysler
UBS
Letzler
New York Stock Exchange
SEC
Personal bankruptcy as debt option and counsel advice
A Syracuse debt column recommends bankruptcy as an option for those unable to repay debts and suggests counseling. It notes downsides like credit history impact, and advises talking with family or a lawyer. Sharon Patchett of the Consumer Credit Counseling Service of Central New York provides guidance.
MENTIONED IN THIS ARTICLE
New York
Business
Syracuse
Sharon Patchett
Consumer Credit Counseling Service
Central New York
Intel stock outlook and growth prospects amid acquisitions
Malcolm Berkes notes Intel dominates its industry with strong growth in communications and networking after acquiring Ambient Technologies and Thinkit Technologies. Bear Stearns and Value Line see profits rising 20 percent annually for five years and an $80 share within 12 months to two to three years. The Syracuse Newspapers publish Berkes column syndicated by Copley News Service.
MENTIONED IN THIS ARTICLE
Stearns
Value Line
Intel
Bear Stearns
Ambient Technologies
Malcolm Berkes
Copley News
Syracuse
Berko
P.O
Syracuse NY
Win Bibull
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