Tag Archives: Federal

Question About Federal Limits On Savings/money Market Accounts?

I believe the limit is 6 outgoing transactions per month, for savings and money market, via telephone or electronically (other than at the counter). Would using my online banking log-in to transfer from savings 1 (linked to paypal) to savings…

Does Having A 529 College Savings Plan Disqualify You From Getting Federal Aid?

What is the point of saving for college for your children if it disqualifies them from getting govt aid. The amount you save (say $40,000) isn’t going to cover all of their expenses for a 4 yr public program in…

Federal Tax: Is It Worth It To File The Retirement Savings Credit Form 8880?

I file my own taxes…this year I finally noticed the credit for my 401K (deferred from my paycheck). I couldn’t figure how to do this form since it does not come with step by step instructions. I hate to pay…

How Much Is $100 Million In Federal Government Savings?

Lets say $1800 billion of annual federal deficit is represented by the distance from San Francisco to New York. And in order to close the deficit hole a traveler must walk all the way from SF to NY. The traveler…

When Do The Dollar Cost Averaging Federal Workers Thrift Savings Contributions Get Made Into The Stock Market?

Which day of the week do these contributions actually make it into the market?

Is It Federal Law That Banks Have To Charge A $10.00 Transaction Fee From Savings To Checking?

I am asking this because Bank of America just charged me $190.00 for transfer fees because I made more than 6 transfers in one month and a B of A employee said they had to charge this fee per Federal…

What’s The Difference Between A National Bank And Being A Federal Savings Bank?

Let’s say you have two banks, Bank A and Bank B. Bank A’s full name is Bank A, N.A. Bank B is Bank B, fsb How are the two different? What can Bank A do that Bank B cannot and…

What’s The Difference Between A National Bank And Being A Federal Savings Bank?

Let’s say you have two banks, Bank A and Bank B. Bank A’s full name is Bank A, N.A. Bank B is Bank B, fsb How are the two different? What can Bank A do that Bank B cannot and…

What Would Be The Savings Of The Federal Budget If We Eliminate The Irs?

How much does it cost to maintain the IRS, as a percentage of the federal budget?

Is There A Federal Law That Limits The Number Of Withdrawls That I Can Make From My Bank Savings Account ?

I have received a notice from my bank, which has warned me that under federal law I am only able to make six (6) pre-authorized or telephonic transfers per month to another bank account (i.e. transfering funds from savings account…

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