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401(k) and Alternative Retirement Plans

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Today is the best day to start planning and saving for the rest of your life. The 401(k) is a wonderful savings plan if offered by your employer because the money goes directly into your retirement account. Not only is the money tax deferred when placed direct into your retirement account, but the interest earned in your retirement account is also tax deferred, which means that you do not pay annual taxes on the growing account value. Changes in the tax law have allowed new types of qualified retirement plans with subtle but important differences.

401k

The 401(k) allows you to avoid paying income tax on the amount that you contribute directly to your retirement plan. Once you retire, the amount that you withdraw from the retirement plan in considered taxable income at the time that you withdraw it from your plan. In essence, you avoid paying tax on the deferred income and interest until you take the money out of your retirement savings plan to use it during your retirement. Some retirement plans have provisions that allow the individual to borrow against the savings reserve under certain circumstances, like paying for a college tuition. The provisions that allow for borrowing against the reserve typically also have interest rates and payment plans to return the funds into the retirement plan. If you take the money out of the plan prematurely, then substantial penalties are applied.

Roth 401k

The new Roth 403(b), also called the Roth 401(k), does not allow you to avoid paying income tax on the amount that you contribute to your retirement plan. However, once you retire, the amount that you withdraw from the retirement plan is not treated as taxable income. The maximum yearly contribution for a Roth 401(k) is $15,000 for individuals under 50 years of age, and $20,000 for individuals 50 years old and older. There are no limits to participation based on individual Adjusted Growth Income.

Roth IRA

The Roth IRA has been around for more than a decade and can be started by any individual. It does not require an employer contribution. However, there are limitations that apply to the Roth IRA. A person may not contribute to a Roth IRA if the personal Adjusted Growth Income (AIG) exceeds $110k per year, or $160k for couples filing jointly. Furthermore, the maximum yearly amount for contribution is $4,000 for individuals under 50 years of age, and $5,000 for individuals 50 years old and older.

Alternatives

In addition to 401(k), Roth 401(k) and Roth IRA, there are many other alternatives for building a nest egg for a comfortable retirement. Many employers offer retirement investment plans and may even provide a matching contribution. If your employer matches your contribution, this is an easy way to earn extra income that goes directly into your retirement savings. If you can afford this deduction from your paycheck, find out the maximum matching contribution from your employer and treat that extra percent in your savings as if it were a deferred bonus.

If your employer does not offer a retirement plan or matching contributions, or if you need to rollover your retirement plan due to a change in jobs, there are also alternatives available from banking institutions and life insurance carriers. For example, some packages offer to match S&P 500 increases on a yearly basis and provide protection in the event that the market declines. With this type of plan, if the stock market increases substantially, so does your retirement, without risk of going down. Typically the plans with the greatest potential reward also have the greatest risk, so review your options with consideration to the amount of time that you have remaining until you will be considering retirement. As you get closer to retirement age you probably want to minimize your risk.

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Words of Wisdom

“Income tax returns are the most imaginative fiction being written today.”

– Herman Wouk

“The income tax has made liars out of more Americans than golf.”

– Will Rogers

“The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

– Ronald Reagan

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Executive Blueprints, Inc is not engaged in rendering legal or financial advice.

If you require financial advice, you should seek the services of an accountant or financial advisor

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The Basics of the Amazon Affiliate API

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For those who are not technically minded when it comes to programming or affiliate marketing through Amazon, one has to know the basics of an Amazon affiliate API.

An API stands for application programming interface. It is a specific set of codes or rules and also, specifications, which are used in software programs in communicating with one another. It basically functions as a crossing point between several software programs and their interactions.

An API is usually created for various things like, computer applications, inventories, libraries, and even operating systems. An API can be very meticulous and detailed, including specifications for protocols, routines, and structures of clusters of data. All these are used in the interactions between the program that implemented the API and the program that uses it, or the “consumer program”.

In the context of web development and marketing through the Internet, publishing API’s have allowed several communities in the web to share content and data between several and different applications and programs. While the content is created in one specific place, it can be dynamically shared, posted, updated, and edited in several locations in the World Wide Web.

An API usually allows a very large range of calculating functions that can be written in several ways as for them to be able to operate in different systems. However, this usually requires the re-compiling of each operating system platform. Once compatible, an API can allow compiled codes to function without having any changes to the system.

Once an API is made, there are two options in releasing them. The first is that the general public be protected of information regarding the API’s released or to be released. The second option offers that the API be freely available to the public. Some API’s, however, offer a mix of the two options mentioned.

One of the top online shopping and auction websites in the world is Amazon. And, like most online companies nowadays, they also offer affiliate programs. Being a trusted website, many people have now signed up an account with Amazon and use affiliate programs through the Amazon affiliate API. Affiliate marketing has not only enhanced the business of sellers in Amazon, but also help many people generate additional income as affiliates.

While the Amazon affiliate API is free to the public, it only requires the affiliate marketer to create an account with Amazon. No need to worry, however, as signing up in Amazon is absolutely free of charge. There can be some premium accounts or options, but downloading the API is totally free.

Using the Amazon affiliate API can be a huge asset to small and large businesses alike. Not only can it help generate the traffic of interactive blogs or websites, it also helps them expand their networks in business. Also aside from earning some profit out of this, merchandise can also easily and quickly be promoted through an affiliate program or network.

So, the next time you think about venturing into affiliate marketing, go ahead and check out Amazon and the Amazon affiliate API.

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Working From Home Secret Report By Ewen Chia – A Full Review

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What is the “Working From Home” Secret Report? It is the latest product from Ewen Chia after his “No Sales System”. Every affiliate marketer alive or making real money online should know who he is. This is the man who is behind many successful launches of make money online reports like Secret Affiliate Weapon aka SAW. He is also adored by many gurus today as their favorite JV partner. But is the “Working From Home” Secret Report worth your read?

The Working from Home or WorkingfromHome.com sales page is not ready yet so hold your horses. It will be launched on 21 April. But for now, Ewen Chia has put up a cool video showing the 5 simple steps you need to get rich online. It comes with a free video transcript. The video sounds a little fuzzy. You can watch it as I have put up the link on my online marketing blog below.

After reading through the “How to Get Rich From Home in Just 5 Simple Steps”, I find the 5 steps rather practical. This man is a logical marketer and the steps are simple to grasp and timeless. All these will work today, tomorrow or in the future.

1. Find a Market with a Growing Demand

It is critical to find a market with an ever increasing demand to consume. This is the best market to get into. Forex trading, stock investing, weight loss and make money online markets are good examples. Selling to such a market, working from home will make you rich.

2. Find a Top-Quality Product That is a Solution to Someone’s Problem

Using the solution-problem approach is the most effective way to sell. With a quality product, all you need is to market it and be focused. However, I like to add that it is always better to focus on one, then duplicate and multiply your success to other markets.

3. Finding an Affiliate Program with a Complete Sales Funnel

As an affiliate, you want to make the most money out of your prospect. If he is going to buy the $20 ebook through your affiliate link, why not sell him an upsell for $67?

An affiliate program that comes complete with such a system and rewards the affiliate is worth considering. This point, I agree.

4. Focus on Cash Earning Activities

Many a times, I find myself distracted just like many affiliates. When you see an interesting email title or video post, you will be curious to watch it. Hours go by quickly if you do not channel your energies to the tasks or work that really matter to your business.

This is not a money making technique or a SEO trick but still, it is good advice for people working from home and wanting to get rich from home using the internet.

5. Take Action

I love to tell all my online marketing students and subscribers this. I am glad that Mr Super Affiliate, Ewen Chia himself agrees completely.

Many affiliates know a lot. But why is it that only 95% succeed?

There is one big problem. Most know but fail to APPLY!

Taking action will get you to a good start. Inculcate that into your lifestyle and you will be well on your way to quitting your job. Start working from home and enjoying the kind of lifestyle you can dream of in your rat race.

Judging from this free report on the “5 Simple Steps to Get Rich from Home on the Internet”, I expected the report to be a no-nonsense, zero-fluff 50-page report.

I had the opportunity to look at it. Ewen Chia’s Working From Home Secret Report will teach one:

1. How to create a new website and bring it from $0 to a 5 figure in 30 days

2. What are the 4 important stages of excellent online businesses

3. How to research a market and know if it is profitable within minutes, ie whether people are buying stuff

4. How to earn without your own website, piggybacking on one of the most popular sites.

5. Ewen Chia’s “one million dollar” blueprint and duplicate it for your own success.

6. Learn why even a “One Page” website you create can beat all the super affiliates with huge lists of 10,000s of subscribers. Real examples will be revealed.

7. Master the 4 ways to get ready buyers ready to spend their money on your products.

8. How to create a product ready to sell in less than 7 days sharp.

There are other secret techniques illustrated in the report. It is ideal for anyone working from home or anyone desiring to do so. Find out more about Ewen Chia’s Working from Home Secret Report at my online marketing blog.

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Two Way Pagers

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Two-way pagers are so called because they can not only display a message, but allow the recipient to send a reply as well. Two-way paging is mainly offered in large metropolitan areas.

These pagers use the Personal Communications Services (PCS) band, which relies upon low-power signals that are picked up by many small signal towers within a given area. Even a small pager is capable of containing all the necessary PCS technology to receive and send messages. Two-way narrowband pagers enable users to reply to the alphanumeric message directly from the paging unit, and offer guaranteed delivery.

A two-way pager, in some cases, can serve as an alternative to a mobile phone. Paging Network, a pager manufacturing company, lets you record a message and have an answering service on the machine. Big companies such as Apple Computer, Hewlett-Packard, MobileMedia Corporation, Motorola, AirTouch Communications, Casio Computer, Mobile Telecommunication Technologies (Mtel), and Sharp either manufacture two-pagers or offer a two-way paging service.

Apart from sending and receiving pages, two-way pagers can handle e-mail and brief voice messages in both directions.

Prices of these tiny devices manufactured by companies like Motorola, Glenayre and Research in Motion range from $200 to $400. Many vendors, however, are now putting emphasis on rent-to-own programs to eliminate this up-front expense and attract more customers.

Carriers like SkyTel, PageMart, PageNet and Bell South Wireless Data charge $25 to $100 every month for two-way service provided by them. The actual rate depends on the volume of characters a user sends and receives.

Two-way paging offers the same convenience as email does. A user can receive a message in the middle of a meeting, and reply immediately without the distraction of using a cellular phone.

Two-way pager manufacturers now hope to rope in third-party software developers to create add-on services and transform these pagers into something like a cross between a laptop and a personal organizer.

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How Do Websites Make Money For Their Owners?

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Some people start websites for no specific purpose. In reality, however, a website can be a good source of money. You just need to know how it can be used for money. This starts with picking the right web design expert who can create your web pages with your purpose for making money online in mind. There are usually two main ways that a site can earn money for you. One of those ways is advertising. This may sound new to you right now because you are just a novice. When you visit websites, though, do you see banners displayed on those pages? These are tools for advertising.

How does advertising work?

It starts with you. All you need to do is to attract advertisers to your blog or website via internet marketing. They will come to your web portal and request to advertise their businesses there. The site does not require a lot of popularity and authority on search engines to succeed. If it can draw real human beings from socio sites like Facebook and Twitter its age will not matter. Your site will still be picked by advertisers for their marketing needs. What you will need is a price tag that different categories of businessmen can accept.

The other method of earning money through your website entails affiliate marketing. This type of marketing is very common among web entrepreneurs. It can be done in two ways. First you can create a service or a product and attract affiliate marketers who can promote it on your behalf. Another way to do affiliate marketing is to sign up as an affiliate of various companies. You could as well join an affiliate network to avoid dealing directly with individual companies. Whatever method you choose, just stay focused. Prior to joining any affiliate program, just consider the following opportunities.

Pay Per Click – Simply called PPC, this kind of money-making opportunity entails getting paid only when a web visitor clicks the affiliate company’s banner. The trick to getting a high conversion rate with PPC is using properly designed banners. They should be irresistibly gorgeous, catchy and meant for targeted audience.

Pay Per Impression – Also called CPM, this opportunity pays according to the amount of banner impressions displayed on a site. This is the number of times a banner is displayed on your website. The M stands for a thousand in Latin numerical structure. This amount is very easy to earn because each time a web visitor opens a page you receive some money. It can be a very good strategy to make money online with if you get a lot of traffic per day.

Cost per Action – Alternatively called Pay Per Sale, this opportunity offers the least conversion rate. It however offers the highest payment rate. This simply means that a lot of hard work will be needed to make bucks with this method. Money is only earned if the customer who clicks a banner on your site actually buys the item from the advertiser’s shop. Another call to action may include signing up for a service. To have success with this method you must first select an advertiser that suits your target audience. Also you will require a nice web design or layout to capture the attention of your prospects.

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How Much Compensation Can I Claim For A Head Injury

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Damage to any part of the head will have a different effect on the quality of life of a sufferer. For example, if you have a detached retina as a result of a blow to the head then this will mean a different level of compensation than if you have endured stitches because of a blow to the head. If the brain has been affected then you are likely to receive much more because the negative influence on your life is usually greater.

Please note that the amounts detailed below should be taken for guidance only.

Eye injury compensation amounts vary from £1,450 – £25,750 but if you experience complete loss of sight in one eye then figures usually start from £32,250. Often psychological conditions can occur following a head injury and claimants have received up to approximately £66,000. Damage to teeth, cheekbones, the jaw, hair and facial scarring see claimants awarded from £1,000 to £64,000. Brain damage is the most severe form of head injury and figures vary greatly.

Brain injuries range from minor to severe. Below is an approximation of what you will receive in each case.

Severe brain injuries – £185,000 – £265,000.

Moderate to severe brain injuries – £144,000 – £185,000.

Moderate brain injuries – £28,250 – £144,000

Minor brain injuries – £10,000 – £28,250.

Minor head injuries – £1,450 – £8,400

Factors considered in a head injury compensation claim

If a person is unable to continue work then financial losses will be awarded. Special damages may also be granted if a victim has suffered a brain injury, taking into account any particular adaptations to a home, specialist care or equipment needed as a direct result of the injury.

Under normal circumstances the following aspects are considered: –

What the life expectancy of the injured party is

The level of dependency on others

The presence of epilepsy and the likelihood of it developing in the future

The extent of physical limitations

The level of communication possible

Next steps

It may not be your first reaction to contact a personal injury lawyer straight after a head injury. You might not think it is a major enough injury to seek compensation for or you may have experienced a lot of stress as a result of an accident. Either way, please contact specialist head injury claims lawyers who will be able to give you straightforward advice on whether or not you are likely to receive compensation and what amount you will be looking to pursue.

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Whose Phone Number is This? Find Out Using a Reverse Phone Lookup Directory

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Do you want to satisfy your curiosity on who owns a particular phone number or you want to locate a loved one who has not been picking your calls? There are various websites on the internet that offer reverse phone lookup services. These websites allows their subscribers to have access to details of a particular phone number they are interested in. These services are carried out through an easy process online even right from the comfort of your home.

If you are receiving prank or threatening calls and you are wondering whose phone number is this? or you want to know the details of the person behind it, there are three major ways to find out.

If the number is a listed number, you can easily make use of the white or yellow pages to know the details of the owner of the said phone number. Most times, these services are free and are easily accessible on the internet.

However, if the phone number you want to lookup is an unlisted or cell phone number, then, you can carry out your search using the various search engines on the internet. Many numbers and their details do float on the internet. Daily on the internet, many people do list their numbers and details on social networking sites, blogs, message boards, business websites etc with the search engines indexing the numbers and their details.

By simply inputting the number on the search box of your favorite search engine, click on search and from the information generated you will know whether you are successful with your search or not. The down side to this method is that most times the information generated by the search engine may not correct or outrightly outdated.

For a fast and convenient method of tracing a phone number, getting an accurate and updated information, and moreover, being on a safer side, it is highly recommended to use the services of a paid reverse phone lookup directory.

Reverse phone lookup directory work in tandem with telecommunication carriers by paying to have access to their various databases and thereafter compiling the information in a central database and made ready to be accessed by their subscribers.

By subscribing and paying a minor fee of $15 for a single search and $40 for unlimited searches, you will be availed the substantive information you need like the full name, past and current address, marital status, office address etc.

The benefits of using the services of reverse phone lookup service is that you can easily find out the owner of any phone number regardless whether it is a land line or cell phone number. More so, you will be provided the full details of any phone number.

In addition to these, they offer money back guarantee for up to 60 days in the event that you are not satisfied with their service.

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