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What is the Alternative Minimum Tax and How Does It Work?

What is the Alternative Minimum Tax and How Does It Work? 9

What could be more stressful than figuring out your income tax? Discovering that you did not pay enough tax this year, and on top of that, many of your exemptions and deductions will no longer be applicable because you are subject to the Alternative Minimum Tax. The AMT is one of the most confusing tax … Read moreWhat is the Alternative Minimum Tax and How Does It Work?

5 Ways to Lower Your Health Insurance Premiums

5 Ways to Lower Your Health Insurance Premiums 12

Health insurance cost have been on the rise for decades and there is no sign that will stop anytime soon. The Federal government is worried about how to fund programs like Medicare and Medicaid, and employers are looking to cut healthcare premium costs as much as possible. As an employee you may feel helpless to … Read more5 Ways to Lower Your Health Insurance Premiums

What Happens If Your Insurance Company Goes Bankrupt?

What Happens If Your Insurance Company Goes Bankrupt? 15

Insurance is great financial product to spend money on. In an ideal situation you have insurance on your car, your home, your life, your health, and over your risk of disability. You are wise to invest money in these products, but you also put yourself in a dependent situation. You are planning your financial life … Read moreWhat Happens If Your Insurance Company Goes Bankrupt?

How Your Mortgage Acts as a Hedge Against Inflation

How Your Mortgage Acts as a Hedge Against Inflation 18

Inflation and hyperinflation are concerns on the minds of the economists in the United States. With the amount of money that is being pumped into our financial system it is inevitable that prices will begin to rise at some point in the future. Many investors believe that real estate makes an excellent hedge against inflation. … Read moreHow Your Mortgage Acts as a Hedge Against Inflation

Different Types of Credit Scores: FICO, FAKO, and Enhanced

Different Types of Credit Scores: FICO, FAKO, and Enhanced 22

Your credit score is one of the most important figures associated with your finances. And you have likely heard the television and radio commercials touting that you have three credit scores. However, you actually have more than just three credit scores. There are a many ways to calculate your credit score based on what type … Read moreDifferent Types of Credit Scores: FICO, FAKO, and Enhanced

4 Reasons You Should Participate in Your Employer’s 401k Plan

4 Reasons You Should Participate in Your Employer's 401k Plan 28

Saving for retirement is one of the most important financial decisions you can make. Without retirement savings you may never be able to retire or if you are forced to retire, you find yourself completely dependent on the government for assistance. It is smarter to take control of your retirement savings now, while you have … Read more4 Reasons You Should Participate in Your Employer’s 401k Plan