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    Contributing to both TSP and 401(k)

    Somewhat of a unique situation but it's the first time I have ever come across this so I figured I'd pose the question to the group. My question is in regards to being able to fund your TSP AND a 401(k) from a different employer. I understand the TSP and 401(k) are essentially the same. Just...
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    The longer you work, the sooner you die

    DUH!! A good article, nonetheless, for us young dreamers. Looks like 49.9 is the 'sweet spot'.
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    PenFed offering no-cost refi

    Just thought I'd post it here on the forums in case anyone was planning to refi in the near future. PenFed is offering a NO-COST refi on their 5/5 ARM and 15 yr FRM. I applied a couple of days ago for the 15 yr which is fixed at 4.25%. They sent me an email stating that the closing may take...
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    401k contributions unchanged for 2010

    I didn't see this posted anywhere else on the board: IRS Announces Pension Plan Limitations for 2010 IR-2009-94, Oct. 15, 2009 WASHINGTON — The Internal Revenue Service today announced cost‑of‑living adjustments applicable to dollar limitations for pension plans and other items for Tax...
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    ROTH rollover in 2010

    Quick question regarding ROTH rollovers in 2010. The way I understand the current tax code, next year, there won't be any income limits on ROTH IRA rollovers, is that correct? If so, is it just for 2010 or after that as well? Will a law need to be changed in order for it go into effect after...
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    SEP-IRA Contribution

    I'm not very familiar with the IRS tax laws regarding SEP-IRAs, so I'm hoping that maybe you knowledgeable posters here can steer me in the right direction. Here's my situation: -I'm a federal employee and contribute max to TSP ($15k) -I'm married and contribute max to both ROTH IRAs -I opened...
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    College Savings Accounts

    my sister wants to start saving for her childrens college. i told her that these were some options she can lok into. unfortunately, i don't know much about them (max contribution limits, AGI limitations, transferability, etc). she lives in New York by the way, if that helps at all. i was...
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    Engineering Forums

    I was wondering if any of our intellectual engineers on this board could provide some good engineering forums (specifically architectural/civil). my brother, who is still in high school, asked me the other day where he could get some more info on architectural engineering as he is becoming...
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    Prime Earning Years

    What do 'prime earning years' mean to you all here (in a monetarily and lifetime sense)? I have heard that your prime earning years are between the ages of 45-55?? basically, the age group that todays baby boomers are in. Do you all agree with this? I don't. My reasoning behind this is my...
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    the first $200K is the hardest to save???

    is this true???? i've heard people say that once you have saved your first couple hundred grand that it's usually smooth sailing from there? is this because by the time you've saved that much, you're used to saving regularly and that it becomes automatic (almost second nature)? or is it...
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    Steps for Young Dreamers to ER (Part 2)

    Here are the last 5 quotes, ENJOY!!! 6 - mbhunter at Mighty Bargain Hunter "The best advice I can give deals with purchasing habits. For most purchases, especially big ones, it almost always pays nicely to consider buying quality used over buying brand new. The reason: Consumer items...
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    Steps for Young Dreamers to ER (Part 1)

    I thought I would share some qoutes from some finance pro's that if followed, could easily let someone ER. I had to break it up into two parts because its kind of long (10 quotes). ENJOY!!! 1 - Flexo from Consumerism Commentary: "Generally, I'm not the one giving advice. Why? Well, it...
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