If your small company has a 401(k) plan, both you and your employer need to monitor fees and other plan arrangements. Smaller can mean more expensive if you don’t keep on top of it. Here is an article in SmartMoney by Ian Salisbury that talks about it:http://www.smartmoney.com/retirement/planning/for-401ks-size-matters-1341952376034/Since your company isn’t a huge conglomorate, if you guys don’t stay vigilent, who’s going to? You can discuss this with one of the financial professionals in the resource section of my website:https://briantstonercpa.com/Resources.htmlRemember, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035
Many Married Couples Keep Their Checking Accounts Separate
While I don’t necessarily agree with keeping separate checking once you are married (my wife and I have joint checking and make spending decisions together, because we feel it is OUR money), a lot of married couples do have separate checking and investment accounts. Here is an article by Rachel Louise Ensign in The Wall Street Journal discussing it:http://online.wsj.com/article/SB10001424052702303754904577530710194368918.htmlIf you have questions, email or call me and we can talk about it.Remember, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035
Families Spending Less on College
Parents have apparently pulled back on college spending for their kids, in addition to having kids living at home and looking at less expensive schools. See this article in the San Francisco Chronicle by Dave Carpenter:http://www.sfgate.com/business/article/Study-Parents-pulling-back-on-college-spending-3709011.phpI have a feeling this trend is going to continue into the future, so fewer people will be going to Stanford and Harvard, I guess. Call or email if questions, and I will try and help.Remember, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035