Category Archives: Personal Finance

What is a 529 Plan?

A 529 plan is a specialized investment account that was created to help families save for future college expenses. This can be for a traditional 4-year college or university, or even a community college. The tax benefits of these accounts … Continue reading

Posted in Education, Government, Personal Finance, Planning Strategies, Retirement, Tax Relief, Tax Tips, YouTube | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Missed the tax deadline and owe tax? File by June 14 to avoid higher late-filing penalty.

Taxpayers who owe tax and file their federal income tax return more than 60 days after the deadline will usually face a higher late-filing penalty. For that reason, the Internal Revenue Service urges affected taxpayers to avoid the penalty increase … Continue reading

Posted in IRS, Personal Finance, Personal Taxes, Tax Relief, Tax Tips, Taxes | Tagged , , , , | Leave a comment

Roth or Regular Retirement Plan?

When most people think of retirement, they imagine copious amounts of free time and socializing with friends while playing golf or shuffleboard. But in reality there is so much more to think about before these dreams can come to fruition. … Continue reading

Posted in IRS, Personal Finance, Planning Strategies, Retirement, YouTube | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Tips for Teenage Taxpayers Starting a Summer Job

Now that school’s out, many students will be starting summer jobs…from working at a summer camp to being an office intern. The IRS reminds students that not all the money they earn may make it to their pocket. That’s because … Continue reading

Posted in IRS, Military, Payroll, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Tax Tips, Taxes | Tagged , , , , , , | Leave a comment

What You Need To Know About Renting Vs. Buying A House

Many people of all ages face this dilemma: you’re ready to move, but can’t decide if you should rent or buy. This isn’t a question that has a one-size-fits-all answer. In fact, the answer varies greatly depending on your finances … Continue reading

Posted in Debt, Mortgage, Personal Finance, Planning Strategies, Real Estate, YouTube | Tagged , , , , , , , , , , , , , , , , , , , ,

The Most Common Credit Mistakes

Credit card use has become a way of life for many Americans. You would think that would make some people experts on how these credit cards work, but that isn’t necessarily the case. Here are some common mistakes credit card … Continue reading

Posted in Credit, Personal Finance, Planning Strategies, YouTube | Tagged , , , , , , , , , , , , , , , , , , ,

Saving for the Future While Paying Off Debt

So here’s the scenario: you’ve landed a new job and are now making a decent salary. Conventional wisdom says it’s time to start saving for the future, and that is correct. This includes goals such as your first house, a … Continue reading

Posted in Personal Finance, Planning Strategies | Tagged , , , , , , , , , , , , , , , ,