I am going to invent a word. Obliviousity Definition: A rapidly growing (at least to me) annoying trait of modern society and our modern workforce that embodies feckless behavior, absence of any attention to detail, and a chronic lack of pride that many workers take in their endeavors. For example: I was out to dinner […]
The Pension Protection Act of 2006 was signed into law on August 17, 2006 (PPA). The PPA brings some of the most widespread and significant changes to pension law since the Employee Retirement Income Security Act of 1974 (ERISA). Not only does the PPA deal with pension plans, but defined contribution plans as well as […]
The Savings Incentive Match Plan for Employees (SIMPLE) is one of the most useful tax-deferred retirement plans available to small companies. The SIMPLE allows for the employer and key employees maximum contributions while not necessitating the same from other workers. Self-employed individuals may have SIMPLE plans as well as small-business owners with less than 100 […]
According to the Vanguard Center for Retirement Research and the Wharton School’s Pension Research Council, Americans are letting their retirement nest eggs sit without any proper attention. The study finds that investors do not do enough to diversify their savings. The extensive study looked at more than five million people with employer-sponsored defined contribution plans […]
I love watching my son build sand castles. The determination in his face while turning over buckets of sand, the carving of tunnels with his plastic shovel, the intricate moats to keep the “bad guys” out, is priceless. I realized something while watching my son spend so much time and effort on his castle. Stephen […]
The president signed into law a $70 billion tax cut bill May 17 that extends until 2010 the tax treatment of 15% for stock dividends and long-term capital gains through the year 2010. the bill also extends, for this year the changes to the alternative minimum tax that will keep 15 million taxpayers from being […]
There are many different tools at individual’s disposal when constructing their estate. Each one has a specific purpose and there is no one size fits all tool. The following are tools that individuals can employ. TRUSTS Revocable living trust-Protects privacy by avoiding probate. Client maintains asset control; no asset or liability protection Off-shore trust- Flexibility; […]
There are many different tools at individual’s disposal when constructing their estate. Each one has a specific purpose and there is no one size fits all tool. The following are tools that individuals can employ. TRUSTS Revocable living trust-Protects privacy by avoiding probate. Client maintains asset control; no asset or liability protection Off-shore trust- Flexibility; […]
One of our goals at Markowski Investments and the Watchdog on Wall Street Radio Show is to communicate to the best of our ability four specific “Rules of the Road” for individuals’ success in investing. The rules are as follows… Rule #1 Compounding,the royal road to riches. Utilize the best safe yields you can find […]
In the Book of Genesis, God gives Adam and Eve dominion over all the earth, forbidding them only from tasting the fruit of the knowledge of good and evil. And for a moment, their innocence is perfect. Then, being only human, they succumb, and bite the apple. This is the original transgression, and when they […]