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IRA Withdrawal Rules: Penalty-Free Withdrawal From Traditional and Roth IRAs

IRA Withdrawal Rules: Penalty-Free Withdrawal From Traditional and Roth IRAs 1

Traditional IRAs can give you a tax break and grow tax-deferred. Roth IRAs are funded by after-tax money and grow tax-free. Along with your 401(k), IRAs will likely constitute the bulk of your retirement savings. But IRAs can also be used for non-retirement purposes. If you’re buying your first home or paying for college, you … Read moreIRA Withdrawal Rules: Penalty-Free Withdrawal From Traditional and Roth IRAs

How to Choose the Best High Yield Savings Account

While traditional brick and mortar banks can be very convenient, they can rarely compete with the higher interest rates offered by their online counterparts. Personally, I think these online high yield accounts are the best place to stash your emergency fund and save up for your short-term goals, such as, saving money for down payment … Read moreHow to Choose the Best High Yield Savings Account

10 Things to Know When Buying Insurance Policies

10 Things to Know When Buying Insurance Policies 7

If you have ever had to make an insurance claim, you know that your premium dollars pay for very important protection. Hopefully, you enjoyed a hassle free claims process. If you did have problems getting your claim paid, you probably considered finding another insurer. Either way, you learned the importance of having an insurance company … Read more10 Things to Know When Buying Insurance Policies

Big Bath Accounting Fraud

Big Bath Accounting Fraud 9

One of the hardest accounting frauds to spot is big bath accounting. When a company is doing really bad and has no chance of meeting earning expectations, unscrupulous management would begin writing-off every expense and asset they could imagine. As a result, future expenses are reduced significantly and naturally earnings increase. In other words, the … Read moreBig Bath Accounting Fraud