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Entries in Savings (21)

Sunday
Oct242010

Fall: A Good Time to Check Retirement Savings Process

Photo Courtesy - Getty Images(NEW YORK) -- You still have several months to maximize your retirement and investment portfolio before you sit down to tackle your taxes.  Experts say now is a good time to look at the process and see how you can have a better retirement.

Kimberly Palmer of U.S. News and World Report says there are plenty of ways to improve your portfolio, such as maximizing your 401K plan by ramping up contributions to it.  Palmer says several one-time tax deductions run out at the end of this year.  For example, improving the energy efficiency of your home could bring back up to 30 percent of your investment.  Upgrades such as new heating, ventilation and air conditioning systems, insulation and energy efficient windows all fall under that program. 

Copyright 2010 ABC News Radio

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