Murphys, CA...Qualified cash or deferred arrangements (CODAs) permitted under Section 401(k) of the Internal Revenue Code, commonly referred to as "401(k) plans," have become one of the most popular types of employer-sponsored retirement plans. How does a 401(k) plan work? With a 401(k) plan, you elect either to receive cash payments (wages) from your employer immediately, or defer receipt of a portion of that income to the plan. The amount you defer (called an "elective deferral" or "pretax contribution") isn't currently included in your income; it's made with pretax dollars. Consequently, your federal taxable income (and federal income tax) that year is reduced. And the deferred portion (along with any investment earnings) isn't taxed to you until you receive payments from the plan.
Economic Opportunity & Income Mobility (Status Of The American Dream) ~ A Speech By William C. Dudley, Federal Reserve Bank of New York
Posted by: thepinetree on 04/12/2016 05:56 PM
New York, NY...Good morning. I am very pleased to speak at the 6th Annual Community Development Conference. I would like to give a special thanks to the Association for Neighborhood and Housing Development for organizing this conference about issues of importance to the community development industry and to the future of New York City. At the Federal Reserve Bank of New York, we develop a wide variety of research and data products to gain a deeper understanding of regional economic conditions. We track the health of household balance sheets at the state and local level using data from the New York Fed’s Consumer Credit Panel. We also conduct an annual poll of small businesses to understand their credit needs and credit availability. My meeting with you today is part of our continuing efforts to understand what is going on at the grassroots level of our economy and to share insights from the New York Fed.
The Biggest Mistake by Taxpayers This Time of Year ~ Cory Burnell, CFA
Posted by: thepinetree on 04/11/2016 07:57 PM
Valley Springs, CA...It's time again to file tax returns and suffer the burden that is INCOME TAX. If your Adjusted Gross Income is over $36,841 (as of 2013 data), you are among the half of Americans who pay more than 97% of the federal income taxes collected*. So what can you do to keep more of your hard earned money in your pocket rather than Uncle Sam's? It's really simple, but likely you forget to do this most years. In fact, it's the most common mistake I see as a financial advisor every year: failure to shift savings into an IRA.
Wine and Investments Workshop in Murphys On March 30th...Only 10 Spots Still Available
Posted by: thepinetree on 03/28/2016 07:16 PM
Murphys, CA...Join BluePrint Asset Management for a complimentary evening of wine and appetizers at the Historic Murphys Hotel on March 30th. You'll enjoy fun conversation, fantastic wine and food, and useful financial information no one has ever told you before.
Wine and Investments Workshop in Murphys On March 30th
Posted by: thepinetree on 03/08/2016 11:15 AM
Murphys, CA...Join BluePrint Asset Management for a complimentary evening of wine and appetizers at the Historic Murphys Hotel on March 30th. You'll enjoy fun conversation, fantastic wine and food, and useful financial information no one has ever told you before.
Three Winning Tickets Sold For World Record Jackpot! One Calaveras Ticket Was So Close...
Posted by: thepinetree on 01/14/2016 07:51 AM
West Des Moines, IA...There were three jackpot winners (one in California, one in Florida and one in Tennessee. One Calaveras Resident was O So Close....
