Retirement-Plan Contributions Maxed Out? Try Federally Insured Emergency Savings
Deseret News (Salt Lake City) › December 17, 2006
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Summary
Like finding a spot to park your Porsche, some problems are great to have. Add this one to the list: You've maxed out your retirement- plan contributions and need another place to stash your savings.
Steve Kudile, a 33-year-old Verizon employee from Elkton, Md., faces that very problem. He plunks down 16 percent of his salary in a 401(k) plan and invests $4,000 in a Roth IRA each year.See the full content of this document
Extract
Retirement-Plan Contributions Maxed Out? Try Federally Insured Emergency Savings
Kudile would like to shelter even more savings and has considered a deferred variable annuity, in which his earni...
See the full content of this document
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