Tax Carnival Ecstasy – October 22, 2013

Finance - Financial injection - Finance
Finance – Financial injection – Finance (Photo credit: @Doug88888)

Welcome to the October 22, 2013 edition of Tax Carnival Ecstasy. Bill Smith starts this edition with an article on making your financial troubles a thing of the past. John Schmoll takes a look at the stock market and your approach with uncertainty in the markets. And if you are looking for a way to retire 15 years earlier, Justin has a post on his site Root of Good. Hope you share and like this carnival in addition to read all the articles we have for you.

attorney finder presents Where To Go To Find A Immigration Lawyer If You Have Been Accused Of A Crime posted at Immigration Attorney Finder, saying, “Understand who your Immigration Attorney is before you hire him. Know his history. The fact that a Immigration Attorney passed the bar does not by itself make him a good immigration attorney. Don’t choose the very first lawyer you find. Be certain you research properly, since there might be bad consequences if you don’t do that! Talk to people you know and form a good picture of what a lawyer is like before you retain him or her.”

deductions

Bill Smith presents Make Your Individual Financial Troubles A Thing Of the Past With This Useful Info posted at 2011 Tax, saying, “Numerous individuals discover their finances have become one of the most stressful and confusing elements of their adult lives.”

retirement

John Schmoll presents Has an Uncertain Stock Market Derailed Your Investing Plan? posted at Frugal Rules, saying, “If you’ve been following the news the past few weeks it has made it difficult to know what to do with your investment portfolio. The fact is there is always something going on in the news and the best thing is to focus on your investing goals and continue to work on building wealth and growing your retirement portfolio.”

Justin @ Root of Good presents A Simple Way to Retire 15 Years Earlier posted at Root of Good, saying, “Justin at Root of Good illustrates the huge impact of lower spending and higher savings. By increasing savings from 10% of income to 30% of income, aspiring early retirees can knock 15 years off their retirement date.”

John Schmoll presents OptionsXpress Review: An Online Brokerage Worth Looking At posted at Frugal Rules, saying, “Investing in the stock market is vital to building wealth and with the variety of options available of where to invest it can be confusing. Choosing a good brokerage that has good offering and low fees can be a great way to help grow your retirement portfolio and get your investing on the right foot.”

John Schmoll presents Reasons Why You Should Start Investing For The Long Run posted at Frugal Rules, saying, “Many people want to go for the quick buck when it comes to investing. However, a long term approach in generally best if you’re looking to build wealth and grow a decent retirement portfolio that will last.”

taxes

Dr. Gavin R. Putland presents Maximalist ‘fiscal devaluations’ for Greece and Australia posted at The world according to GRP, saying, “Don’t let the name fool you: ‘fiscal devaluation’ is about creating jobs by reducing the tax wedge between the cost of labor for employers and the benefit for employees.”

tips

Bill Smith presents Tech Startup Funding Options – Captured Technology posted at Captured Technology, saying, “Getting tech startup funding is always a challenge and many techpreneurs often find themselves shutting down their businesses before they even get a chance to commercialize their ideas.”

Bill Smith presents Near 52 Weeks High Stocks posted at FastSwings.com – Steve Patterson, saying, “A company’s stock, which has been consistently high over a period of time is what investors prefer.”

That concludes this edition. Submit your blog article to the next edition of tax carnival ecstasy using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Making the Right Decision for Your 401k Investments is Important

One really important thing to remember about your 401k investments is that the IRS, through the tax code 401k, will give all qualifying employees an immediate tax reduction along with an upside market potential for your savings. So, with that information alone it’s something you really should consider taking advantage of.

When thinking about 401k investments you should figure out how much of your gross not your net income that you can save by following the current limits that are set by the IRS. You should sit down and probably talk with a benefits counselor as well. Your company will have one or they should at least be able to get you the information that you need so you can set up your retirement account.

Before you do anything else you need to study the various savings as well as investment options that are available for you, this is generally going to be mutual funds. Then you can determine how you are going to want to have your regular contribution dispersed into those options.

If you feel like you need more information, find out when an investment adviser might be coming to visit your place of employment so that you can get more in depth information on certain kinds of investments. A really important thing to find out is if your account is portable and if so how much can you take with you. You will also need to find out when you will be vested.

You might want to visit your library as well and go up to the reference librarian and find out where you can find the most current resources that might give you information on the different investment choices that you have available to you. If you don’t want to do that you can always look this kind of information up on the Internet.

Once you feel comfortable with your 401k investments then you should go in and sign all the needed paperwork so that your contributions can start to be deducted from your paychecks each time you are paid.