Borrowing trouble
Article Abstract:
Carey Bahl must decide whether to leave her secretarial job for a position at another firm that would pay her $3,000 more a year and cut her commuting time but due to her hefty 401(K) loan she is trapped in her current job. If she leaves her existing job she will either have to repay the loan till her last day of work or pay taxes and penalties amounting to an additional $7,500, hence it is suggested that she continue with her job for a coupe of years in order to repay the loan comfortably.
Publication Name: AARP: The Magazine
Subject: Personal finance
ISSN: 1541-9894
Year: 2005
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Running on empty
Article Abstract:
A financial reporter in Westport gives advice on vacations along with proper savings for retirement. A 55-year old person with an annual income of $43,000 can save up to $600 a month and invest it in 401(k) plan, so that it could later yield an additional income of about $750 per month.
Publication Name: AARP: The Magazine
Subject: Personal finance
ISSN: 1541-9894
Year: 2004
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Life insurance, now?
Article Abstract:
A financial expert gives some advises for people who are thinking of buying a policy at the age of 65. The options like whether term, whole life, variable or universal should be reviewed before buying a life insurance policy.
Publication Name: AARP: The Magazine
Subject: Personal finance
ISSN: 1541-9894
Year: 2005
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