The government shutdown ended. The Bureau of Labor Statistics says it will release the September CPI on October 30 (originally scheduled on Oct. 16). That number will give us the official number for 2014 Social Security COLA and 2014 401k contribution limits. It will also give us the variable rate for I Bonds in the next six-month cycle.
I expect the composite rate on I Bonds issued after Nov. 1 will be slightly down from the current 1.18% rate, with the fixed rate set at 0%.
The bloggers panel for Plutus Awards didn’t select this blog as a winner. The College Investor won the Best Investing-Focused Personal Finance Blog. Oblivious Investor won the Best Researched Personal Finance Blog. Congrats to the winners!
Although I didn’t win, I’m happy to be among the finalists. A few days before the votes closed, the organizer announced this blog was No. 4 in the total number of votes received, above the 20 times more popular Mr. Money Mustache blog. That’s all because of you. I can’t thank you enough for your support.
I also read these articles this week:
2013 Year-End Tax Planning [PDF] by CCH Group
Most of the tax moves are best taken before the end of the year. Take a look at the tax changes in 2013 and see what you can do to manage your taxes better.
Bunch Your Deductions to Save on Taxes by Michael at Financial Ramblings
Speaking of tax planning, see if bunching deductions makes sense to you. Unfortunately high state income tax makes bunching unnecessary for my household.
Social Security’s Actuarial Neutrality by Mike Piper at Oblivious Investor
Because laws governing Social Security were set years ago, even though it may have been set as actuarially neutral in some cases at the time, it can’t stay as actuarially neutral at all times, let alone for all people.
Bank of America Changes Transaction Posting Order by Michael at Financial Ramblings
The posting order affects how many times you will overdraft, not whether you will have an overdraft. The best way to guard against overdraft is still using something that will never overdraft by design.
The "In Kind" Distribution by Joe at Roth Mania
Required Minimum Distribution only means the assets must come out of the IRA. It doesn’t mean you have to spend it, or even sell it.
Roam If You Want To: Wireless Tips for the International Traveler by Matthew Amster-Burton at MintLife
Useful if you want to get data access on your smartphone when you are traveling in another country.
[Photo credit: Flickr user edenpictures]