On Oct 18, 2006, the Internal Revenue Service announced the cost of living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2007.
Section 415 of the Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. It also requires that the Commissioner annually adjust these [...]
Previously, I wrote about PowerShares’ intention to launch a ETF that invests in private equity. I received an email from PowerShares that this ETF (ticker PSP) will start trading on Tuesday, October 24, 2006. Unfortunately, there is no word on the expense ratio but I suspect it will be similar to other PowerShares products, at [...]
I use Microsoft Excel to maintain my portfolio positions in a spreadsheet. One convenient feature about using Excel is that there is a free plug-in available that allows you to download the latest stock and mutual fund quotes directly from the web into the spreadsheet. So you do not have to spend the trouble to [...]
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