Last week, I reported the IRS announcement of the 2012 maximum 401K contribution limit increase. Right after, a few readers emailed me asking about the Roth IRA maximum contributions and income limits and whether or …

The IRS 2012 401K maximum was officially announced, and there’s an increase in the contribution limit! Finally, some good financial news! Without further ado…
The Maximum 401K Contribution in 2012 is
$17,000! That’s right, we finally got an increase for …

On the surface, the answer of whether or not you should support your parents in their later years is an easy one – yes, of course you should, right? You don’t want to see them …

Nobody wishes to see their loved ones die so that they can reap a windfall. And because nobody wants to be associated with even having those ‘what if’ thoughts, very few topics are as taboo …

I’ve been on a bit of a personal savings rate kick lately. Why, you may ask? Because this one little financial ratio is a huge predictor of not only how responsible one is with their …

The average U.S. personal saving rate (as a percentage of income) over the last few years has hovered around 5%. But what goes in to the BEA‘s (U.S. Bureau of Economic Analysis) personal savings rate …