IAW News
Market Rally Adds 400,000 Millionaires to Ranks
- Saturday, 23 March 2013
The stock market rally has resulted in an additional 400,000 millionaires (not including the value of residences), reports AdvisorOne.
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Workers Tap 401(k)s Before Retirement Too Often
- Saturday, 23 March 2013
Among workers earning from $35,000 to $60,000, more than half took hardship distributions or loans from their 401(k) plans in 2012, according to a Financial Finesse study.
Read more...Tax Changes Make Non-Deductable IRAs More Appealing
- Saturday, 23 March 2013
The non-deductible IRA may become more popular because it allows investors to avoid a 3.8% Medicare surtax on net investment income that started earlier this year, reports the Nerd’s Eye View.
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