Tag Archive
What You Need To Know About The Safety Of Your Deposits
NEW YORK: As yet another bank faces collapse, consumers are worried about their cash.So far this year, 72 banks have failed, according to the Federal Deposit Insurance Corporation. Struggling southern regional bank Colonial Bank could be the 73rd.But individuals with deposits at Colonial, or any other troubled bank, are insured by the FDIC for up… »
Do You Have Enough Savings To Retire Early
NEW YORK (Money) — Question: I’m single, 38 years old and have about 900,000 saved up. I’m tired of the stress of the corporate world and am wondering: If I live a very simple life, can I afford to retire and not have to worry about going through all my money? –Don H., Marietta, GeorgiaAnswer:… »
Do You Have Enough To Retire Early
NEW YORK (Money) — Question: I’m 63 and my employer has eliminated my health insurance and dramatically cut my pay. If I retire now, I’ll get about 1,300 a month in Social Security, plus I can collect another 2,000 a month by investing my 310,000 in savings in an immediate annuity with lifetime payments. All… »
Dare You Ask For A Raise Now
NEW YORK (Fortune) — Dear Annie: I know this probably sounds nutty, with so many companies cutting pay or freezing pay in order to avoid layoffs (or, further layoffs), but I’m thinking of asking for a raise. First of all, my employer has not cut or frozen anyone’s pay — at least not to my… »
Do You Pay For Personal Calls On Your Work Cell
NEW YORK: You are tethered the office 24/7 through your CrackBerry, and as a result probably make a few (dozen?) personal calls from that phone. To the wife? The babysitter? Dinner reservations, perhaps?Odds are, you don’t pay income tax on that “perk” even though the IRS requires companies to treat personal use of a work… »