Comments on: Sort Out Your Finances http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: John Sinclair http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-80666 John Sinclair Sat, 27 Jan 2007 15:57:06 +0000 http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-80666 Very good tips. If you are an honest tax payer, keep all the records for 4 years. Also remember that IRS can get very nasty. So invest lot of time when filing your returns on details. Very good tips.

If you are an honest tax payer, keep all the records for 4 years.

Also remember that IRS can get very nasty. So invest lot of time when filing your returns on details.

]]> By: Mike OBrien http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-19569 Mike OBrien Wed, 07 Jun 2006 01:31:27 +0000 http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-19569 Here's another way to sort things out: Check out “If Something Happens to Me,â€Â? a detailed workbook by financial planner Joe Hearn. The workbook helps people organize financial, legal and insurance information and provides step-by-step guidance as to what families need to do after losing a loved one. For more information on the book, visit provisiopublishing.com. Here’s another way to sort things out: Check out “If Something Happens to Me,â€Â? a detailed
workbook by financial planner Joe Hearn. The workbook helps people organize financial,
legal and insurance information and provides step-by-step guidance as to what families need to do after losing a loved one. For more information on the book, visit provisiopublishing.com.

]]> By: Making Our Way http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2175 Making Our Way Fri, 31 Mar 2006 07:53:41 +0000 http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2175 Flexo, If you have a chance, I'd strongly recommend you consider an individual 401k instead of a SEP IRA. I had a SEP IRA and learned that the individual 401k was much more flexible, allowed me to put in more money (the SEP maxes out at 25% of your income, while the indiv 401k allows you to put $15k in BEFORE it applies the 25% rule). Regards, Making Our Way Flexo,

If you have a chance, I’d strongly recommend you consider an individual 401k instead of a SEP IRA.
I had a SEP IRA and learned that the individual 401k was much more flexible, allowed me to put in more money (the SEP maxes out at 25% of your income, while the indiv 401k allows you to put $15k in BEFORE it applies the 25% rule).
Regards,
Making Our Way

]]> By: Flexo http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2145 Flexo Tue, 28 Mar 2006 21:03:57 +0000 http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2145 Sure, Dus10. I'll write about it when the funds are deposited in hopefully less than two weeks. Sure, Dus10. I’ll write about it when the funds are deposited in hopefully less than two weeks.

]]> By: Dus10 http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2144 Dus10 Tue, 28 Mar 2006 17:54:11 +0000 http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2144 Flexo, I would be interested in hearing some more about your SEP IRA strategy. I am considering doing this, but there are a lot of factors to consider, so getting a different perspective seems in order. Flexo, I would be interested in hearing some more about your SEP IRA strategy. I am considering doing this, but there are a lot of factors to consider, so getting a different perspective seems in order.

]]> By: Inchoate Random Abstractions http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2143 Inchoate Random Abstractions Tue, 28 Mar 2006 17:50:13 +0000 http://www.consumerismcommentary.com/2006/03/28/sort-out-your-finances/#comment-2143 I don't have any children either, but I do have a will. Most of my investments and retirement funds will transfer automatically to my parents and then to my brother, since they're designated as my beneficiaries. But my condo, car and some of my personal assets are a different story. I don’t have any children either, but I do have a will. Most of my investments and retirement funds will transfer automatically to my parents and then to my brother, since they’re designated as my beneficiaries. But my condo, car and some of my personal assets are a different story.

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