Products October 6, 2011

Fidelity Investments Launches Retirement Distributions Center

Fidelity Investments has introduced a Retirement Distributions Center on its Web site.
Reported by

The Center was designed to make it easier for Fidelity clients to set up, track, and manage withdrawals from their IRAs. The Center helps investors manage both minimum required distributions (MRDs) required by the Internal Revenue Service (IRS) and other elective withdrawals from their accounts.

The Center also provides resources to help investors understand different withdrawal strategies and how they can fit into their overall retirement income plans. It allows investors who are currently taking IRA withdrawals to keep track of their year-to-date distributions and know immediately how much they are withdrawing and which accounts the withdrawals are coming from.

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It is available at no cost to a range of Fidelity customers, including those over age 59 ½  with a Fidelity Traditional, Rollover, or Roth IRA, as well as Inherited IRA owners of all ages.

Diversions October 6, 2011

It’s All in the Stars… If You Believe That Sort of Thing

A recent study from CareerBuilder examines patterns in career paths and how they align with astrological signs and birth order.   
Reported by

The CareerBuilder survey polled 5,708 workers nationwide.

Key findings include:

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An only child is more likely to earn six figures and is more likely to hold a C-level position (CEO, CFO, Senior VP, etc.), but workers with siblings are more likely to be satisfied in their jobs.

Among workers with siblings, a first born child is the most likely to earn six figures and hold a C-level position, while a last born child is the most likely to work in middle management. A middle child is the most likely to report holding an entry-level position and earning less than $35,000.

An only child has a higher tendency toward working in technical and health-related fields and protective services. First born tend to be drawn to government positions and science. Middle children lean toward public service and care-taking roles, while the youngest in families prefer more creative roles and technology.

Virgo, Aries, and Scorpio signs are the most likely to earn six figures. Capricorn and Leo signs are the most likely to hold an upper management position (VP and above). The Aries sign is the most likely to work in middle management while Aquarius is the most likely to hold an entry-level job. Virgo, Libra, and Taurus signs are the most likely to report being satisfied in their jobs.

Professions That Draw Certain Workers  

While all workers will fall into different job levels, earning brackets and many different types of professions, there are certain job types that appear to attract some segments more than others, according to the CareerBuilder survey.   

  • First Born – government, information technology, engineering, science
  • Middle Child – law enforcement, fire-fighting, construction, education, personal care
  • Last Born – art/design/architecture, editing/writing, information technology, sales
  • Only Child – information technology, engineering, nursing, law enforcement

In terms of astrological signs:

  • Capricorn – engineering, sales, food preparation, law enforcement, skilled trades
  • Aquarius – sales, machine operation, military, construction, education, personal care
  • Pisces – government, finance, mechanics, skilled trades, law enforcement, fire-fighting
  • Aries – hotel/recreation, higher education, construction, engineering, government, information technology
  • Taurus – government, legal professionals, healthcare, art/design/architecture, marketing/public relations
  • Gemini – social work, food preparation, information technology, sales, law enforcement, fire-fighting
  • Cancer – government, higher education, physicians, editing/writing, engineering
  • Virgo – editing/writing, education, social work, military, sales
  • Libra – engineering, machine operation, healthcare, art/design/architecture, finance, education
  • Scorpio – science, attorney/judge, hotel/recreation, machine operation, education
  • Sagittarius – information technology, editing/writing, lab technician, social work, education

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