Much has been written about the 401k retirement plan. It's one of the most popular retirement plans available, and chances likely that your company offers this benefit to you. What isn't as well-known, but is just as beneficial when saving for retirement, is the 403b retirement plan. Let's take a brief look at what it is, who's eligible, and other important details. What is a 403b plan? It's … [Read more...]
Should You Pay Extra For Maternity Insurance Coverage?
In light of the birth of my third child yesterday I posted about the average cost of delivering a baby. As a follow up I thought we should ask this question – should you pay extra for maternity insurance coverage? It is becoming more common for insurance companies to add maternity insurance as an additional option (called a maternity ‘rider’). For example, you might pay an additional $2,000 … [Read more...]