October 2007 - Posts

Monday, October 29, 2007 11:18 AM

Should I participate in my company's stock purchase plan?

Don’t let what happened at Enron scare you away from a potentially good investment in the company where you work. An employee stock purchase plan (ESPP)

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Posted by The Nest Editors

Monday, October 29, 2007 10:59 AM

Should I switch banks? What should they be offering?

Banking is a competitive industry, so there’s no reason why you shouldn’t shop around and get the best deal possible. There’s no penalty for moving your

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Posted by The Nest Editors

Monday, October 22, 2007 12:21 PM

We recently incurred some unexpected bills and thus have significantly increased our credit card debt, is it a good idea to withdraw from my 401(k) to pay them off?

Do you remember that commercial about the roach motel . . . roaches check in but they don’t check out? I want you to think of your 401(k) as a retirement


Monday, October 22, 2007 10:35 AM

What is disbaility insurance? Do we need it?

Disability Income Insurance can replace income in the event of a partial or total disability. If you have income to replace then you have a need for this

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Posted by Tony Steuer

Monday, October 15, 2007 12:04 PM

What's the difference between a 401(k) and an IRA?

The Internal Revenue Service wasn’t so creative when it came up with a name for a retirement plan offered by an employer. A 401(k) is simply a pension

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Posted by The Nest Editors

Monday, October 08, 2007 10:19 PM

Itemizing charitable deductions?

Chartable donations are not subject to the AGI (adjusted gross income) floor. Unlike medical expenses, which you can only deduct if those bills are more

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Posted by Brett Graff

Monday, October 08, 2007 10:03 PM

Can we use a home equity line of credit to pay off our credit cards?

My guess is that you already know the answer to this, but that you want confirmation if it?s a good idea or not. Well, the answer is yes. Yes it?s a good


Monday, October 01, 2007 7:19 PM

Itemized deductions vs. allowable deductions?

Itemized deductions are all the potential tax reductions ? charitable contributions, mortgage interest ? you?ve accumulated over the year. But the amount

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Posted by Brett Graff

Monday, October 01, 2007 7:55 PM

Do we need a financial planner?

Here?s the deal. Having a financial planner isn?t important, but having a financial plan is critical. Do you need a financial planner to have a financial