Archive for Archive for May 30th, 2008
Magnaflow 12590 Performance Muffler - Oval
Magnaflow 12590 Performance Muffler - Oval Get more horsepower with a nice sound.These MagnaFlow performance mufflers are designed to give youmore power and provide excellent sound. They feature a large-diameter, perforated stainless steel core and a straight-through design for un
Allegro MicroSystems Inc. has announced a new H-bridge device to complement their existing line of automotive grade MOSFET pre-driver ICs.
AdAgencyOnline.Net Monitors Automotive Advertising Using ADP s …
Automotive advertising agencies rely on AdAgencyOnline.Net to find new automotive advertising applications to help their auto dealer clients sell more cars and service. Site visitors weren t disappointed today with the introduction of a …
HAND DEFLECTORS BLACK MSR - MSR -
HAND DEFLECTORS BLACK MSR - MSR - 0
ORLANDO, Fla., May 29, 2008 — General Automotive Company , a provider of original equipment and aftermarket automotive parts, mobile electronics and related products, today announces that President and CEO Joseph DeFrancisci will conduct an exclusive, new, audio-taped webcast interview so that GNAU shareholders and the investment community can learn more about the current and future prospects …
Asbury Automotive Group to Present at Stephens Inc. Conference (PR Newswire via Yahoo! Finance)
Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that Company management will present at the Stephens Inc. Spring Investment Conference at the New York Palace Hotel in New York City.
SIMPLE Retirement Plans
A relatively new type of retirement plan is now available to businesses with less than 100 employees. The new plan is called SIMPLE and it is easy addition to the employee benefits for almost any small business. The Small Business Protection Act of 1996 first made this plan available and the name stands for Savings Incentive Match Plan for Employees. It can be designed as either an IRA or a 401(k) plan and is much less expensive for an employer than other types of plans.
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Here are the key provisions:
1.Employees can contribute any amount up to $6,500 of pay.
2.One-person businesses are eligible.
3.Part-time and hobby businesses are eligible.
4.The money can go into any type of self-directed accounts titled as IRAs or 401(k) accounts for each participant. This includes stocks, mutual funds, banks, annuities, etc.
5.All accounts are 100% vested immediately. This means that all of the money belongs to the employee; the employer cannot touch it under any circumstances.
6.Employers may contribute in any of the following three ways:
a) Match each employees voluntary contribution dollar for dollar up to the first 3% of the employees pay. No employer contribution is required if the employee does not voluntarily contribute.
b)Match 1% of pay in 2 out of 5 years after notifying employees (if using an IRA account).
c)Contribute 2% of pay for each employee, regardless of whether the employee makes voluntary contributions or not.
7.Normal retirement distributions will be handled in a manner similar to current IRA rules.
8.Premature distributions during the first two years of participation in the plan will be taxed at 25% instead of the usual 10% tax penalty.
9.This plan cannot be combined with any other employer sponsored retirement plan.
10.Any form of business entity or non-profit organization may establish a SIMPLE plan, except state and local governments.
11.Plans can be established at any time of the year before October 1. Plans may not be started in October, November or December.
12.Administration requirements are minimal, averaging about one hour per employee.
Braxton Bucket Seatcover
Is It Possible To Have a Rational Discussion About Gas Prices?By Rob Einaudi Editor-in-Chief Thomas Friedman, a columnist in the New York Times, is delighted by the current high gas prices–so delighted that he is proposing that the US government establish a "price floor" to make sure gas prices stay above $4 per gallon. He also makes some pretty abs…Read the full post from CarDomain Car BlogTags: Rants, New York Times, Hybrids, GAS, Automotive Traveler via Blogdigger blog search for automotive.
