Message from Lynn:
Dear Friends:
We all strive for that day when we can retire from our 8 to 5 job and spend more time with our families and friends. We hope the nest eggs that we have been building up for the past 30 to 40 years will allow us to live the lives that we want. Part of those nest eggs come from our employers, and those retirement plans just received a boost.
For the first time in 30 years a major rewrite of the U.S. pension rules has been signed into law. It strongly encourages companies to make sure the pension plans they establish for their employees are fully funded and will do as the companies promise when workers retires.
Even with this great news for all American workers, we still need to be diligent to take care of ourselves by establishing additional investment accounts. This month's MoneyWise offers advice on different issues you should consider when investing. There is also an interesting article on tax credits offered to taxpayers who purchase new hybrid vehicles.