Tag Archives: Federal

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 starts the the entrance of SF-Oakland bay bridge and heads east. How far will the [...]

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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?

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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 law. Is this true?

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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 vice-versa? How does this affect FDIC insurance?

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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 vice-versa? How does this affect FDIC insurance?

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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?

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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 to checking account). Is this correct ? How can the federal goverment dictate what I [...]

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The fatal flaw of Obamacare 08-09-09

when his congressional allies seek to raise taxes to pay for all the new spending that this cost-cutting entails. We aren’t talking about short-term spending either; this isn’t a trillion-dollar investment in a new system that will ultimately save money. The Congressional Budget Office says the leading health-care-reform proposals will increase health-care spending and make [...]

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How Can I Take Advantage Of My State's 529 Savings Plan And Avoid Additional Federal Taxes?

Maryland offers a 529 college savings plan and gives you a tax credit for the first $2500 you invest in the plan — if I adjusted my MD tax deductions to divert that $2500 to the savings plan — it would appear that I would be liable for more federal taxes — if so, how [...]

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Where Does One Report Federal Savings Bank For Failing To Provide Answers To Account Holder And Member?

My bank has not answered my lawfuil, reasonable, and proper questions regarding my account and my communications (emails were sent while I am overseas). The bank does business in the USA and is located in Texas. I think there are state and federaL agencies which regulate federal savings banks.

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  • Thinking of investing your savings?


    While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

    Where to start?

    If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.