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Thursday, March 11, 2010

More Money Monday roundup: Nine-cent nickels & paid paternity leave

Posted by admin on February 1, 2010

Personal finance from around the Web:

  • No more being pennied and nickeled: President Obama's 2011 budget, released Monday, points out that it costs the government 1.8 cents to make each penny and nine cents to manufacture a five-cent coin. The administration proposes fiddling with the composition and weight of US coins to save money. [Infectious Greed]
  • Under new British law, new dads will be eligible for paid paternity leave starting April 2011, enabling them to take the place of a female partner returning to work. The legislation would provide up to £123 per week, or about $200. [The Guardian via Bucks]
  • Consider these four factors before converting your Roth IRA. [Bargaineering]

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