Bank Deal: Earn 1.00% APY on an FDIC-insured savings account at Barclays.
Here I sit in the dining room with my laptop. The weather forecast has been calling for freezing rain, and as I look out the window I can see it starting to fall. They’re predicting snow overnight, and it’s conceivable that the local schools will be closed tomorrow – we don’t get much snow around here, so people don’t really know how to deal with it.
Anyway, here are some interesting articles for you to check out…
Jim at pfBlueprint put together a nice rundown of the 2008 federal income tax brackets. Unless I’m mistaken, the overall rate structure looks to be the same, though the cutoffs have moved. They’ve also increased things like personal and dependent exemptions and standard deductions, changed the phaseout limits for a variety of things, including Roth IRAs (though we’ll still be ineligible), and bumped the 415(c) limit from $45, 000 to $46, 000.
Jeremy talked about 401(k) debit cards. I’ve actually never heard about this, but having read about it just now, I have to agree with Jeremy that this is a decidedly bad idea. It essentially turns your 401(k) into what can only be termed a RELOC (retirement equity line of credit). Dumb, dumb, dumb.
Jonathan put together a nice piece on the value of saving more vs. earning more. I actually ran a poll asking which was more important when it comes to improving your bottom line, and spending less came out on top.