President Barack Obama is about to unveil his budget proposal, and parts of his proposal have already made their way into the news. One of the aspects of his new budget is that he wants to prohibit anyone from saving more than $3,000,000 in an IRA. The White House issued a statement regarding this new proposal: Under current rules, some
If you've been reading this blog for a while then you know I'm not a fan of the spending that going on in Washington D.C. right now. I'm also not a fan of the spending that is scheduled to happen over the next few years. The government not only plans to keep spending more, but we are going to add
If you have been watching the news then you know that the federal government is going to be required to cut $85 billion out of their budget unless congress passes a law to avoid or change it before March 1st. $85 billion is a heck of a lot of money. It's so big it's hard to understand what it really
I recently took a loan from my 401k to buy my first house (which is closing next week and I'm super excited about) and one of the reasons I'm comfortable using 401k money now is because I have no idea what the government is going to do with retirement funds in the future. The other day I read an article
If you are an American then Tuesday, November 6th is a big day for you. In fact, it's a big day for all of us in this country. There is a presidential election and there is a lot at stake in this election cycle, and in most states you have four people to choose from. That's right, there are four
A few weeks ago I got into a fiery exchange on twitter with my friend TeacHer about teacher pay. She thinks teachers should be paid more, while I think overall teacher pay should remain flat or even go down. You can read TeacHer's opinion at her website if you'd like. She's a teacher and I'm not, so it may seem
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