Free Retirement Plan

I am in my second year of teaching. I know that teachers have a retirement plan, as it comes out of our checks.

Many companies visit our school trying to sell insurance, other plans, etc. I am interested in knowing whether or not I need to do an additional 401k plan. I was approached last year by a person at out school offering 403 plans. This year it was 401K. Do I need to take part in these plans? What do teachers really need? I have heard from retired teachers that their retirement was enough without these types of plans, but I know that times have changed. Any input would be greatly appreciated.
Thank you.

Here in Texas, a teacher’s retirement was always the best incentive to be a teacher. But now they have raised the retirement age and basically lowered how much salary you base your retirement on. Who knows what will be next. If you can, start your own 401. Teachers can have 403b plans, but a 401 is the same. Actually, it seems like you have more control over a 401. 403b’s are only sold by insurance companies and they only offer a few funds to invest in.
Hope you have a good year. Remember, be ready for the year before it starts. Not that you always can, but it helps to try. Good Luck!

Say you have a retirement plan where you contribute part of your salary every month, and your employer also matches. Say that the program vests incrementally every year.

So when someone says that for example, 60% of their retirement plan has vested….what amount does this refer to exactly? Does this mean that upon retirement, the employee is entitled to ALL his personal contributions + 60% of the employer matching? Or is the employee only entitled to 60% of both his personal contributions and the employer matching amount?

Can someone please clarify? Thanks!!

It’s 60% of the company’s matching funds. Any money you put in is immediately yours. However, that obviously doesn’t mean there are no penalties, etc. if you try to withdraw the money early. The same rules apply to both yours and the company’s contributions.

Even if you don’t give the information a scam email requests, you could still put yourself at risk by clicking on links or opening attachments. Watch this important video to find out how to handle emails that say they are from the IRS — because they are not!

Duration : 0:1:10

(more…)

March 1 (Bloomberg) — Henry Fernandez, chief executive officer for MSCI Inc., talks with Bloomberg’s Erik Schatzker and Scarlet Fu about MSCI’s agreement to buy RiskMetrics Group Inc. for $1.55 billion in cash and stock.

Fernandez also discusses the growth potential of the risk management industry and financing the transaction. (Source: Bloomberg)

Duration : 0:4:19

(more…)

http://www.personalfinancesblog.info/ retirement planning seminar

Duration : 0:1:5

(more…)

Action now is an Italian Distribution of the most popular skateboard brands.
C1RCA, PLAN-B, BAKER, DEATHWISH, BIRDHOUSE, POWELL, BLACK LABEL, BONES, FURY, DESTRUCTO, SILVER…ECC..
Two camper, seven skaters, one Team manager, one Filmer and one Photographer had a Tour around Italy.

Boss: Francesca Zambito
Team Manager: Davide Castagna
Filmer: Alessandro Redaelli
Photographer: Otto Cei
Skater: Sergio Reinhardt (C1RCA-POWELL) , Luca Locci (C1RCA-DEATHWISH), Marco Giordano (BAKER-BONES), Davi Oliveira (C1RCA-PLAN B), Manuel Fazzini (PLAN B), Matteo Saviotti(C1RCA), Giovanni Zattera (C1RCA)

Duration : 0:3:47

(more…)

http://www.personalfinancesblog.info/ individual retirement plan

Duration : 0:1:4

(more…)

To view the next video in this series click: http://www.monkeysee.com/play/16376

Duration : 0:2:50

(more…)

The salary range of a financial planner, who generally works on commission, is going to depend on the practice and location of the planner in question. Find out how financial planners look out for their clients’ best interests with help from a portfolio manager in this free video on financial planning.

Expert: Gregory Bramwell-Smith
Bio: Gregory Bramwell-Smith is the relationship and portfolio manager at Bramwell-Smith Associates.
Filmmaker: David Pakman

Duration : 0:1:53

(more…)

Want to invest money but cant find a place to start? This free video clip gives you expert advice on beginning your investment process with financial planning.

Expert: Tammy Trenta
Bio: Tammy Trenta is an experienced sought after entrepreneur and seasoned financial expert.
Filmmaker: Nili Nathan

Duration : 0:2:12

(more…)