Archive for April, 2009

ESPP: Employee Stock Purchasing Plans

April 29, 2009

Many companies give their employees the option to engage in ESPP (employee stock purchase program/plan). The specific details vary by employer.
If your company offers ESPP at a discount then it makes sense to take advantage of it as long as you can live with the impact on cash flow. The profit from the [...]

Category: Investment Education

401k (Tax Deferred Retirement Plans)

April 27, 2009

401k and similar employer provided retirement investment plans can be a great asset for those that want to put some money away for their future.
Benefits of contributing to retirement funds

Free money: If your employer matches any portion of your contribution then not electing to go with a 401k or similar plan is [...]

Category: Investment Education

Highest Jumbo CD Rates at Metlife

April 19, 2009

Metlife Bank has the best 9 month jumbo certificate of deposit rates (CD’s with an initial deposit of over $100,000) at 2.00% Annual Percentage Yield. Here’s a full list of Met Life Bank’s current CD rates:

CD Term
$2,000- $14,999
$15,000- $24,999
$25,000- $49,999
$50,000- $99,999
$100,000+

3 Months
0.15%
0.95%
1.60%
1.70%
1.80%

6 Months
0.25%
0.95%
1.70%
1.80%
1.90%

9 Months
0.25%
1.40%
1.80%
1.90%
2.00%

12 Months
0.65%
1.75%
1.90%
1.95%
2.00%

18 Months
0.65%
1.85%
2.00%
2.10%
2.15%

24 Months
0.70%
2.00%
2.10%
2.20%
2.25%

36 Months
0.80%
2.10%
2.20%
2.30%
2.35%

48 Months
1.00%
2.10%
2.20%
2.30%
2.35%

60 [...]

Tags:
Category: Jumbo CD Rates

Highest Money Market Account Rates at Evantagebank

April 6, 2009

Evantagebank.com has great money market rates at a high interest rate of 3.10% APY. It’s called the Mega Money Market account which earns a high yield interest rate without any minimum balance requirement. This high rate only applies to balances up to $35,000. Account balance in excess of $35000 only earns 1.65% [...]

Tags:
Category: Money Market Rates