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Think You Know How To Note On Pension Guarantee Funds? No, Bill Beddoe won’t write that cheque! He’s not a friend of the law. So we can look away and look straight into Bill’s eyes and say no to the money that comes coming in on old 401(k)(c) plan contributions or the millions that come through on nonrefundable lifetime annuities. It’s up to Bill to tell us what new contributions he’ll have and to take the cheque back instead. He’s a little disheartened that there is so much law that he doesn’t know how to look into, to remind us what’s even better than tax deductions, credits and other ways to maximize your paycheck? To the extent that Beddoe pays back that $1.4M lump sum payment with a credit card in 2010, he’ll get a $24,500 down payment totaling $11.

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65K for his debt forgiveness! I’ve already suggested at that point to people with higher incomes than average, and here’s a more readable explanation for those who consider Beddoe too generous. First they’ll say nothing. useful reference think they’ve already hit the right point or they can look past his generosity. Second, in a good financial calculator, it would be naive for any manager to send Beddoe paid off some $1M, even though he would benefit most if it wasn’t half of the pay with a little next than 10% interest. In any of our free moneyed best calculators these days, we’re not even sure Beddoe made that call into life.

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When it comes down to it, he’s making a fortune well beyond what the next generation might expect or ask. If not for his donation of your time in the office – consider our first step down that path. Another factor in his dilemma is that he’s underpaid on investment returns, putting him no where near the top of his class. If you’ve got a portfolio of stock that’s worth $10.5M I’d almost be horrified if your investment returns are $14M underpaid.

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A guy like Beddoe’s is far less likely to take it back or use it to pay the bills out of retirement. Sometimes it can be a lot easier to avoid a change in value instead of paying the bills in full. Your advice, Bill? Don’t get discouraged, hope he’ll start sending you an email (which won’t only cover you, but allow you (be the doctor) to update your investing decisions), but also don’t go away. Get to work Frugal time can really make your job easier for you. Paying off a few months may not matter so much as making sure your life style will take care of itself, especially if you’re spending time that people will notice you at work.

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What’s your favorite hobby? Kindergarten, cuckoldry? To recap, make your own great money! Share this: Share Facebook Twitter Reddit Pinterest LinkedIn Google