Not sure how much to contribute to your retirement plan every month? That's easy: Put in as much as you possibly can without leaving yourself stuck. Investment limitsEvery year the IRS puts a limit on how much pretax income you can contribute to your retirement plan. For the year 2005 the maximum is $14,000. This is quite a nice equalizer that prevents bigwig executives from feathering their nests much more than the mail clerk. If you want to contribute more, you can, but it'll have to come from income you've already paid tax on. Though once in there, the extra money can earn tax deferred unti... view article details

Even though most states found themselves creating massive cuts in the last year, the budget gap is still too much for some to handle, leading them to decrease spending further. States such as Indiana and California have already announced a dramatic decrease in education budgets for the next year. Both states, especially California, had a hard year in 2009 trying to fill the debt gap. While California inflicted dramatic tuition increases that led to student protests and media scrutiny to make up for the budget, Indiana cut programs and limited faculty travel as a way of spending less, promisin... view article details

'Why would anyone want to put savings somewhere unsafe? But the fact remains that a large percentage of popular saving and investing vehicles provide no guarantee of earnings, nor even assurance that the original capital will be preserved.'     Saving your money in a safe place may seem like an obvious priority. Why would anyone want to put savings somewhere unsafe? But the fact remains that a large percentage of popular saving and investing vehicles provide no guarantee of earnings, nor even assurance that the original capital will be preserved. Those that do make such a guarantee are conside... view article details

Employees versus independent contractors. Sometimes it's difficult to know what camp you fall into as a worker. But when you consider health benefits, compensation and tax purposes, knowing the differences between the two is an absolute necessity. But what exactly are the differences between employee status and being an independent contractor? Our salary expert, Jack Chapman, has your answers.Question: When am I considered an employee and when am I an independent contractor?Answer: You’re an independent contractor when you have services you sell to a company. The biggest difference concerns wh... view article details

'To be fair, folks who have so much money in the market that they simply don't have enough time to stay on top of investment trends would probably be good candidates for the use of a full-service broker.'  'Full-service' brokers get their name and reputation from the dogged and devoted work they're expected to do to keep clients happy. They carry business cards from distinguished brokerage firms like Salomon Smith Barney and Merrill Lynch. In an ideal world, a broker provides sound, profitable investment ideas, and furnishes up-to-the-minute research to keep you current with market trends, sto... view article details

How Older Workers Can Better Overcome Obstacles to Getting Hired Older Workers Have a Tougher Time Getting a Job While the U.S. job market continues to make slow but steady gains, finding a job in the current economy is still challenging. All job seekers today face significantly more obstacles than they did a decade ago, but those over the age of 50 have a few extra hurdles to clear. According to a recent survey done by ExecuNet, a member organization for senior-level executives, a Vice President over the age of 50 takes 20% longer to get hired than a 41- to 45-year-old at the same level. W... view article details

You - "Reader" - are a up-and-coming professional in a growing business. You work hard and get along well with co-workers, but find the office life to be monotonous and unexciting. Most of the other employees seem to be enthusiastic about something beyond the paycheck. Little do you know, you are about to be visited by three wise co-workers who will help you find your purpose. But first, you receive an annoying email. Prologue: The Passive-Aggressive Email Dear Reader, Hope you’re having a great day. Just to let you know, the carpool spreadsheet for the mid-level professionals’ retreat wa... view article details

How to Set Career & Salary Goals You Can Achieve This Year New Year, New Goals Everyone knows the beginning of the year is the time for setting goals. Lose weight! Get in shape! Spend more time with friends and family! It’s also the time to set goals for your career. If you do, there’s a good chance you’ll become rich. Didn’t you hear about that study on goal setting? In his book What They Don’t Teach You At Harvard Business School, Mark McCormack tells of a study conducted with new graduates from the 1979 Harvard MBA program. In that year, the students were asked, "Have you set clear, writ... view article details

Salary Negotiation Email Can Help You Get A Raise- Just Ask Rebecca! The Importance of an Email People send a lot of emails. In fact, the Radicati Group noted that nearly 269 billion emails are sent every single day. However, another study showed that only 14% of work emails are "important". So when is an email important enough that it’s worth $11,000? Answer: When it’s a well-crafted counter-offer to a job offer. Let’s take a look at three common questions job-seekers have. Should I Negotiate My Salary? There are dozens of reasons why people don’t indulge in salary negotiation, such as: They... view article details

The Top 9 Hottest Jobs during the Pandemic Affected by the outbreak of COVID-19, businesses of all shapes and sizes are finding it difficult to operate smoothly. Many employees find themselves out of work due to social distancing and others have transitioned to a work-from-home model and are relying on technology and the internet to collaborate with colleagues and get things done. Not surprising, internet-related hot jobs are in suddenly in great demand during coronavirus outbreak. If you are looking for a new job and have the skills and knowledge needed, the time is right f... view article details