Archive for August, 2010
« Previous Entries Next Entries »Monday Morning Comments – August 23, 2010
Monday, August 23rd, 2010First day of the school year for our kids. We have a 9th grader, 8th grader, and 1st grader…all at different campuses. It’s going to be a long year. Our oldest has to be at school by 7:20, the youngest by 8:20, and our other son by 8:30. We were doing great this morning until [...]
What’s a Hardship Withdrawal?
Monday, August 23rd, 2010According to this article, more people are taking hardship withdrawals from their 401(k) accounts. What is a hardship withdrawal? A hardship withdrawal is a withdrawal from a retirement plan (like a 401(k) or IRA) to meet a “hardship” need. What qualifies as a hardship? From the IRS: Whether a need is immediate and heavy depends [...]
Should We “Means Test” Social Security?
Saturday, August 21st, 2010Listen to the first few seconds of this video of President Obama explain the social security situation. Watch the latest video at video.foxnews.com This morning I watched a clip on Fox News (not the above clip) with a panel discussing social security and the above clip of Obama. One of the panelists, a Democratic strategist, [...]
Presidents and Economics (Roosevelt – Bush)
Friday, August 20th, 2010UPDATE: (August 26, 2010) I updated the PDF to include jobs data and also updated President Obama’s stats, which are still estimates. I spent a lot of this week assembling an economic history of the United States. The information I found, I organized neatly for you into a handy PDF. All my numbers (except for [...]
From U.S. News: Ten Things You Didn’t Know About Social Security
Thursday, August 19th, 2010Emily Brandon wrote an article for U.S. News & World Report titled 10 Things You Didn’t Know About Social Security. The most interesting of the 10 things: Social Security numbers have significance. The first three digits of your Social Security number are assigned based on geographical region, with the lowest numbers being assigned in the [...]
Democrats, Republicans, and the Federal Debt Since 1979
Wednesday, August 18th, 2010Check out this graphic I put together. I went through year-by-year and tracked the majority party of the Senate, House, and the sitting president. I then did a year-over-year change in the federal debt. Then in order to compare the data, I averaged the numbers based on the criteria found at the bottom of the [...]
Ten for Tuesday, August 17, 2010
Tuesday, August 17th, 2010A little blogkeeping first: Three ways you can keep up with AFM: • Become a fan of AllFinancialMatters on facebook • subscribe to the AllFinancialMatters RSS feed • Get AFM delivered to your email inbox Now, on to this week’s Ten for Tuesday… 1. My new friend, Jason Kelly, has more evidence that tax cuts [...]
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