May 07
Before you can compare the various types of retirement plans and decide which one suits you best, it helps to know some basic retirement plan terminology so I assembled a listing of the most common terms used in retirement planning. It helps to be on the same page!
You must meet certain criteria to invest in retirement plans. These criteria may include age, length of employment, amount and type of income, marital status, and whether or not you already participate in other retirement plans. Eligibility requirements vary from plan to plan, but two general rules apply to all retirement plans:
Earned income vs. passive income: Retirement plans require you to have earned income in order to open an account or contribute.
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Aug 07
Skype – the company that got popular by letting people make calls over the Internet for free – is looking to cash in.
The provider of Internet telephone services plans to raise up to $100 million in an initial public offering.
The move is seen as a bid by Skype’s private equity firm owners, who purchased the Luxembourg-based company in November, to recoup some of their investment of more than $2 billion.
The IPO effort also could mean Skype’s owners want to entice other technology or telecom companies into a deal.
Skype provides free online video and text conversations that are popular with users such as college students who are studying abroad.
The company has drawn a large number of customers by offering free computer-to-computer services.
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