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Saving in 2005

Updated: January 7, 2009
IT`S A NEW-YEAR AND IF YOU ARE LIKE MOST OF US, YOU MADE A NEW-YEAR`S RESOLUTION. AT THIS TIME WHEN EVERYONE VOWS TO MAKE MEANINGFUL LIFE CHANGES, CERTIFIED FINANCIAL PLANNER CURT ANDERSON IS HERE TO SUGGEST A FINANCIAL CHANGE. Q: BUT HOW CAN YOU ACTUALLY SAVE MORE? Make a commitment. Start small. Automate your savings Q: WHAT`S THE BEST WAY TO SAVE? Qualified Plans (401(k), 403(b) 457`s - $14,000 in 2005 + $4,000 catch-up contribution. IRA`s (Traditonal & Roth) - $ 4,000 in 2005 + $ 500 catch up contribution. Savings, Money Market accounts, etc. JH1/3

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