Are 529 Plans Obsolete?

Fox News reports that while Section 529 plans have been getting a lot of heat lately, they're still the best way for most families to save.

Do you agree?

http://www.foxbusiness.com/story/personal-finance/financial-planning/tax/plans-obsolete/

Who Gets What In The Stimulus Bill?

AccountingWeb details the now signed Recovery and Reinvestment Act of 2009 on its website. Check out the implications for both individuals and businesses.

http://www.accountingweb.com/cgi-bin/item.cgi?id=107033

MSCPA Economic Resource Center

To help members access current and accurate information about the crisis, the MSCPA has compiled a list of resources for members to utilize in advising their colleagues, clients, family and friends during these uncertain times.

http://www.mocpa.org/Content/22712.aspx

120 days? A-B suppliers will have to wait four times longer to get paid

Starting Feb. 1, Anheuser-Busch gave itself 120 days to pay suppliers. Previously, standard terms were 30 days.

What do you think about this? Is this fair to suppliers? Won't it have a ripple effect throughout the St. Louis economy? What if all businesses adopted this practice?