While it is advisable to put a 20% down payment for a home purchase, you should calculate the best use of your money if you have more than 20% to put down. You may find you get a better return if the money were invested, rather than reducing your mortgage loan.
Upromise is a savings service that makes it easier to pay for college by using the purchasing power of parents, extended family, and students.
With some simple planning, you can turn your child’s summer of mowing lawns into a well-funded retirement account
Health savings accounts allow individuals and families with high deductible health plans to save pre-tax money to pay for qualified medical expenses.
Homeowners insurance provides homeowners with coverage for the loss of the home and personal belongings, as well as liability protection. It also protects the mortgage lender’s investment. Lenders require proof that homeowners insurance has been secured before the closing.
If you neglect to take your required minimum distribution from your IRA, you will be taxed a 50% penalty on the amount that should have been distributed, but was not.
Homeowners insurance provides homeowners with coverage for the loss of the home and personal belongings, as well as liability protection. Many mortgage lenders require proof that homeowners insurance has been secured before the closing because it protects the lender’s investment.
Health savings plans provide a way for individuals and families to save pre-tax dollars for medical expenses, but unlike flexible spending accounts, the funds remain in your account until you use them.
When we were children trading assets like baseball cards was just fun. Today, if you trade larger assets like a house or business property, it is considered a like-kind exchange, and it can minimize your taxes.