Australia’s ETP A Fine Program Worth Considering In The USA

Redundancy is a time for decisions and making choices. Decisions on what to do with your life. Decisions on where to invest your payouts. In making these choices, you need to ensure your financial needs are met, both now and the future.

It is critical that you understand exactly what payments you will receive when you finish a job, what you can do with each of these and the taxation implications. You need to have a clear idea of your priorities.

The most important payment you will receive when you finish work is your Eligible Termination Payment (commonly known as an ETP). This is a lump sum payment you receive when you leave a job which is eligible for special tax treatment. It includes: Continue reading

Early Diagnosis Can Help You Save On Hard Drive Repair

If you end up in a situation that many of us do and encounter a hard drive crash – especially due to physical damage, it can be really frustrating. The foremost concern in such circumstances is to recover the data on the damaged hard drive. Instead of panicking, you need to take a few simple steps to find out the root cause behind the hard drive failure. Only with proper diagnosis can you expect an effective hard drive repair and recover the data on it.

Know what to do when your hard drive fails.

Know what to do when your hard drive fails.

First of all, you should immediately power off the computer and remove the hard disk from it because using a damaged hard drive any further can worsen your case and even make hard drive repair impossible in severe cases. Hard drives, unfortunately, only last so long

Examine the drive carefully and look for any damaged spots or broken pieces. It makes a huge difference to connectivity if you have a few bent pins. If you have ruled out these possibilities after examination, the next step is to check the data connection cable and power cable for any damage. If the problem lies here, simply replacing the cables is all you need to get going.

Another step you can take for diagnosis is to try attaching your hard drive to an external source of power and if the drive doesn?t work even after this step, you can assume that the circuit board has been damaged and will need to be fixed.

The last diagnostic step you can safely take on your own to make any hard drive repair easy is to try your drive in another computer. If it works, the problem lies with your computer?s motherboard.

Warnings Provided While Trying To Perform The Hard Disk Recovery

Most of the time, you are pretty unlikely to have a valid warranty for performing HDD recovery. The following are some instructions and even warnings about performing the HDD recovery process yourself. This is because data present on the hard drive is much more valuable than the drive itself.

The following instructions can only be considered when you are well versed with computer hardware repair. If you don’t have experience, don’t bother!

You have to understand that the drive repair you perform is tantamount to voiding the warranty. These instructions, of course, are not for data that is logically erased. This article is just for drives that are physically inoperable, but still do have their data intact. You will have to try to find the required spare parts for repairing your older drive, which is really difficult, as often these parts have been discontinued.

Once you have done the checks above and are sure that you have a controller board issue, you’re probably going to have to consider a swap. After checking the controller board and performing the swap, you may face a decent probability that two hard drives may fail, whether you have recovered the data or not. In this case, the two drives should not be reused. Usually, it is better to contact a recovery company that understands regular HDD recovery and even RAID issues when your personal efforts fail. Basically, you’re going to need clean room data recovery. Continue reading

QTIP, Sheltering Estate Taxes And You

qtipSuppose each of your clients has a will that provides that the survivor will receive property that will qualify for the marital deduction only to the extent necessary to bring down to zero the estate tax owed by the estate of the first to die. In that case, any property that does not qualify for the marital deduction will not be subject to estate tax in the estate of the survivor.

* Preventing property from qualifying for the marital deduction. Here are a few ways to prevent property from qualifying for the marital deduction.

1. Leave part of the estate to someone other than the surviving spouse. This can be done outright or in trust …

Budgeting In College: Some Tips

bicstPlanning for college is about making choices, and those choices go way beyond choosing your school. Deciding how to manage your money is a choice you’ll want to handle early and with care.

This is a lesson some students learn too late. Take Jen’s friend Jason, who lived down the hall from her at Boston College. With a new credit card in his wallet and newfound independence, Jason charged $500 worth of pizzas during the first month of school. “He used to ask everyone in our hallway if they wanted some,” Jen recalls. Now, six years later, “he’s probably still paying it off!”

If Jason had thought about a budget before getting to school, he …

Will Your Savings Run Out: A British Case Study

wysroAccording to recent research undertaken for the Department of Social Security, about half of people of working age are not making any contributions to a non-state pension at the moment. Nearly half of these were not working at the time of the interviews, but the rest were — either as employees or, less commonly, self-employed.

This, and the “ageing” of the British population, has prompted the Labour government to launch its stakeholder pension. What exactly is it? Will it appeal to people with inadequate provision for their old age? Will pension providers want to offer it? In short, will it help to combat financial and social exclusion among tomorrow’s pensioners?

The stakeholder pension is an …

Saving Your Child’s College Fund Takes Guts And Planning

You’ve heard all the bleak stories. Tuition at private universities is now so high that only the superrich and families willing to bury themselves in debt can afford it. Even parents who set their sights on a lower-cost state school can barely manage to save enough to keep pace with college-cost inflation. As they say, the hurrieder you go, the behinder you get.

Saving for your child's future isn't so simple.

Saving for your child’s future isn’t so simple.

Well, it’s time to re-evaluate. The long U.S. economic boom has made post-secondary education more affordable than it’s been in a long time, according to Diario San Diego. Jobs are plentiful, and compensation is up. And while rising college costs continue to outpace the increase in consumer prices generally, tuition inflation has cooled to a more manageable 4.5 percent–about half the pace of the early 1990s.

The stock market, meanwhile, has climbed from one record high to the next. The Standard & Poor’s 500 Index, a broad market benchmark, recorded its fifth consecutive year of extraordinary growth in 1999, and stock mutual funds that track the index have earned 17.9 percent compounded over the past 15 years. If you had managed to start investing $200 a month in a stock index fund when your child was a toddler, today your investment would be worth nearly $143,000 before taxes–about the cost of four years’ tuition, room, and board at the priciest Ivy League university today. Continue reading

Protect Yourself From Corporate ID Theft!

pyfcitCompanies gather huge volumes of personalised data from us all at the point of sale, through surveys and by buying it from other information-gatherers. Through the use of increasingly sophisticated data-matching techniques, particular pieces of information that you may have supplied to one company on an anonymous basis can be pieced back together with your personal identity by another organisation, according to Unbrand America.

Businesses use databanks of this kind to target new customers, tailor new services for existing ones and decide which Continue reading