Homeowners refinance their mortgages for several reasons, including pulling out home equity, or to save money with a lower interest rate.
The Fair Tax Bill was first introduced in July 1999 and was re-introduced in early 2003 by U.S. Representative John Linder. The Bill repeals all federal personal income taxes, corporate income taxes, payroll taxes, self-employment taxes, capital gains taxes, gift taxes and estate taxes. In place of the repealed taxes, there would be a 23% national retail sales tax on all retail sales of new goods and services. Let us explore some of the elements of the Fair Tax Bill.
Fixed-income investments are designed to bridge the gap between after-tax income and your desired after-tax spending.
Your home will likely be one of the largest financed purchases, so it is important that you find the right mortgage for your financial situation.
When shopping for a mortgage, it is best to request a Good Faith Estimate with the lender’s best interest rate with zero points from several lenders. This way you can compare the interest rates and closing costs.
An independent 529 Plan is a prepaid tuition plan for private colleges and universities. Account holders buy certificates that are redeemable for a pre-established percentage or tuition at any member school.
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.