Friday, March 14. 2008
Is it time to buy muni bonds in an IRA?
As financial planners, we've all heard the old saw "never put a tax shelter inside of a tax shelter" - in other words, don't buy tax-exempt municipal bonds inside of a tax deferred retirement account. Well, it seems that "never" may have just arrived.
Continue reading "Is it time to buy muni bonds ... »
Thursday, March 13. 2008
The dollar has its woes, and now the penny does too!
The rising price of various commodities, linked in part to the falling dollar, have begun to impact the cost of a broad array of goods in the U.S., from the cost of building construction to gasoline at the pump to food at the grocery store. Now, the decline of the dollar is being felt directly by the U.S. government, with a painful rise in the cost of the penny!
Continue reading "The dollar has its woes, and ... »
Friday, March 7. 2008
It just got a little easier to borrow money...
The Office of Federal Housing Enterprise Oversight (OFHEO) has just released the new maximum conforming loan limits, established pursuant to the Economic Stimulus Act of 2008, which will allow homebuyers in several metropolitan areas to obtain conforming loans as large as $729,750, instead of the former limit of only $417,000.
Continue reading "It just got a little easier ... »
Friday, January 11. 2008
Government significantly reduces availability of savings bonds!
Last month, the Treasury announced that they were significantly reducing the availability of Series EE and I savings bonds, decreasing the maximum allowable purchase from at $5,000 per Social Security number per year (reduced from $30,000), and the new limits took effect on January 1, 2008!
Continue reading "Government significantly ... »
(Page 1 of 1, totaling 4 entries)
