Personal Finance Blog By MoneyRates - Accounts
Why Tax-Exempt Investments Are No Longer So Exciting
March 4, 2009
It used to be that there was a difference between investments with taxable dividends and those which were not taxable. If your tax bracket was high enough, tax-exempt investments made real financial sense. For instance, back in the 1950s and 1960s the federal income tax rate was as high as 91 percent for earnings over $400,000. [...]
What If The Banks Are Nationalized?
February 23, 2009
During the past week a new discussion has begun to emerge in Washington, the matter of nationalizing banks. This is a big deal, symbolically and in other ways. If you have a CD, money market account, savings, or IRA you need to keep an eye on this conversation. As this is written many bank stocks have taken [...]
