Tag Archives: Gift

Do Contributions To A 529 Savings Plan Qualify For The Gift Tax Exclusion?

By Increase Savings | Published: December 3, 2009

I understand that an individual can give as much money they want for education expenses without incurring a gift tax, but can you get that same tax treatment if those contributions are into a 529 plan?

Posted in Q&A's | Also tagged , , , , | Comments closed

My Mom Has A New Baby And I Have A New Brother. What Is The Best Savings Plan I Can Set Him Up With As A Gift?

By Increase Savings | Published: September 9, 2009

Would a savings account in a CD, Index, or Money Market fund be better than say a Coverdell savings account? I wish I could start investing at the ripe age of 2 months but since I can’t go back, I’d like to give him an opportunity to do something I couldn’t when I was a [...]

Posted in Q&A's | Also tagged , , , , , , , | Comments closed

There Is A Company Called Otartel Which Sells Gift Cards To Different Places At Various Savings?

By Increase Savings | Published: August 23, 2009

The savings run from 3% – as much as 12% I purchased about $150 worth over a month ago but when I try to go on their website it’s just a blank screen & the phone number always goes to vms–I decided to pay $30 to have my check cancelled(they don’t accept credit cards) Was [...]

Posted in Q&A's | Also tagged , , , , , , , , | Comments closed

My Daughter Received A Savings Bond Gift Certificate, What Do I Do With It?

By Increase Savings | Published: August 4, 2009

My daughter received a savings bond gift certificate but I’m not sure what I do with it. It is a piece of paper saying what it is worth but it doesn’t say home to redeem it. Do I just take it to the bank and they give me the real one?

Posted in Q&A's | Also tagged , , , , , , | Comments closed

  • 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.