It will be one of the most intense races of all time.
And probably a little crazy, too.
NFL free agency, once the league lockout officially ends and players and owners get back to business, will be a scramble unlike anything ever seen before. A process that usually takes months to fall into place will have to be done in a matter of days. Don’t be surprised to see some crazy moves made before the season begins.
It seems as if the start of every new year also brings along with it the announcement of new cuts being made from our state’s public colleges and universities.
Whether the cuts are large or small — depending on what each university has to cut — the public schools in Louisiana are facing a daunting challenge from the University of Louisiana System when it comes to their funding.
When you leave a job — whether due to layoff or for any reason — you are often faced with a decision about your 401(k) or other retirement plans. Over time, you may be in the same position as many other employees who have accumulated substantial balances in these employer plans that are designed for tax-advantaged retirement savings.
If so, you may find yourself having to make a decision about whether to keep your 401(k) funds with your former employer, roll them over to an IRA, or pay the taxes and cash out.
Question: Twenty years ago my husband took out a $500,000 universal life insurance policy on himself. We thought, at the time, we could build a nest egg and the premiums would never go up like they do on term life. Now, I receive a letter saying that it will be canceled in a few years because of lower interest rates. So now, I have got to either start paying more for premiums or lose the insurance and have to find term life. My husband is 55 years old. What’s going on?
Answer: Here is a question I am getting more and more these days.