Stop before you invest!

Article Abstract:

Economics professor Laurence Kotlikoff suggests that tax deferred retirement savings plans may become a tax burden for lower- and middle-income investors during their retirement years. He recommends that investors switch from 401 (k) plans to Roth IRA's, thus paying tax on their savings now instead of later.

Commercial Banks, Investment Banking and Securities Dealing, Science & research, Personal Financial Mgmt, Private Households, Taxes, Bank Individual Retirement Accounts, Personal Investing, Employee Loan & Savings Plans, Consumer Assets & Liabilities, Research, Analysis, Taxation, Personal finance, Investments, Retirement planning, Individual retirement accounts, Salary reduction savings plans, 401K plans, Kotlikoff, Laurence

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Insurers set up by Marsh, Aon use their ties

Article Abstract:

Marsh and McLennan Companies Inc. and Aon Corp. have earned tens of millions of dollars from investments in Bermuda insurers and are under investigation for alleged bid rigging.

Legal issues & crime, Management dynamics, INSURANCE CARRIERS, Bermuda, Management, Company legal issue, Insurance industry, Investigations, Company business management, Aon Corp., AOC, Marsh & McLennan Companies Inc.

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State Farm is likely to post big loss again

Article Abstract:

State Farm Mutual Automobile Insurance Co. is expected to post another huge financial loss for 2002. The company posted a $5.6 billion (5.19 bilion euros) loss in 2001.

Sales, profits & dividends, Forecasts, trends, outlooks, Direct Property and Casualty Insurance Carriers, Fire, marine, and casualty insurance, Auto Insurance, Finance, Forecasts and trends, Market trend/market analysis, Company sales and earnings, Company earnings/profit, Property and casualty insurance industry, Automobile insurance, State Farm Mutual Automobile Insurance Co.

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