Tag Archives: Assets

02 Feb, 2010

Asking for a lot of money

Most people dream of making a lot of money. The question is, what does that mean?
The truth is that money is highly subjective. Certainly, a billion dollars is a lot of money; there are only a handful of billionaires in the world. Is a million dollars a lot? In terms of total wealth, no; [...]

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12 Jan, 2010

401(k)

A 401(k) plan is an employer sponsored plan. The employer makes direct contributions to the account that are deducted from the employee’s paycheck. Most companies will match the paycheck contribution up to a certain percentage. In general, the contributions are before tax dollars and grow tax deferred until they are withdrawn. After-tax contributions are also [...]

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