Category: Best Practices
401(k) contributions up for 2018 but only 5% take full advantage
Oct 26For 2018 401(k) maximum contribution will increase from $18,000 to $18,500. So much has been written about how little we save for retirement and here are some facts that back it up. Approximately 79 out of 100 workers have access to a 401(k), 41% actually participate and less than 12% of those max out their contributions. In other words, less than 5% of workers max out…
CONTINUE READING >IRA, 401(k), 529: What’s the Best Tax-Sheltered Account Type for You?
Jan 31Wow, probably the best run down of all these accounts, the pros, cons, who it is best for, what income limits are involved. It is very comprehensive and a good comparison of all these accounts. SaverNotes was created to provide to an alternative investment for those seeking a higher current return on a portion of your investment portfolio. Please consider this investment to help you achieve…
CONTINUE READING >Watch for these Red Flags when you file your tax return
Jan 24Tax season is upon us and as you pull your information together please review this article for tips on things that will put more scrutiny on your return and raise your chances of an audit. To begin with your odds of being audited in general are 1 in 199. If you make over $200,000 that number drops to 1 in 38 and if you are over $1…
CONTINUE READING >Checklist to start 2017
Dec 22Nothing like a checklist to help think about where you want to go in the New Year. This article appeared on Kiplinger’s website and I thought it was a good list to start thinking about five key areas of your financial life. Income Plan…estimate your income and expenses for 2017. Look for areas where you can increase your earnings and trim expenses. One suggestion was to review…
CONTINUE READING >SaverNotes Announces 11th Consecutive Quarterly Interest Payment made to Investors
Aug 10SAVERNOTES Quarterly Interest Announcement FOR IMMEDIATE RELEASE August 9, 2016 Business/Transaction/Media ContactDave RasmussenSaverNotes, LLC/Chief Manager612-655-9857DRasmussen@SaverNotes.com Minneapolis, Minn. – SaverNotes is pleased to announce that we have paid our 11th consecutive quarterly interest payment for investors of record as of the end of the Second Quarter of 2016. Minneapolis-based Founder and Chief Manager Dave Rasmussen created SaverNotes in a response to the low interest rates investors earn on fixed…
CONTINUE READING >Save, Spend, Social Security and Survive?!
Mar 01Questions we all have but don’t necessarily spend a lot of time thinking about until the decisions are right on top of us. Postpone, delay and don’t worry about it, it will be there tomorrow. This article provides some thoughts for us to start thinking about what we should be saving, spending today and what things might cost in the future. When do you take Social…
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