It sounds so good, borrow from yourself, and pay yourself back! When you do the actual calculations it doesn’t work that neatly.
The contribution limits for 2012 for a 401(k), a 403(b) and a 457 plan is $17,000. The limit increases with the rate of inflation.
Your school loan payments won’t start until 6 months after graduation and you will be eligible for a deduction on the interest you pay.
A new study from Boston College’s Center for Retirement Research found fewer than half of American workers will have enough money to retire at age 65.
In order to retire comfortably, you have to do some planning.
If you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
A rollover IRA is when you transfer money from a retirement account into an IRA.
Many workers have stopped contributing to their retirement plans.
Retirement planning should start with your first job but it doesn’t for most people!
In doing research on Dumb Money Moves I found a great list in a CNN article.