fbpx

What are Qualified Distributions?

What are Qualified Distributions? 9

A qualified distribution is a withdrawal from a retirement account that does not result in an early withdrawal penalty. For retirement accounts that are generally withdrawn on a tax-free basis if the withdrawals are made when the account owner is the appropriate age or for certain exceptions, than a qualified distribution from that retirement account … Read more

10 Tips for Surviving on a Limited Budget

10 Tips for Surviving on a Limited Budget 17

There are many families these days living on tight budgets and in many cases, even the income they are earning each week is still not enough to make ends meet let alone do much of anything else. Living on a limited budget is not impossible but it does involve sacrifice and creativity. How to Make … Read more

Extreme Couponing: 6 Reasons It Will Not Work for You

Extreme Couponing: 6 Reasons It Will Not Work for You 21

Anyone watching the latest trend in reality television probably has drooled a little bit after learning people are saving hundreds of dollars on their grocery/shopping bills by clipping a few (thousand) coupons. Some of us might even be envious and consider taking up the couponing lifestyle themselves. Who wouldn’t want to get cartloads of groceries … Read more

Why Haven’t You Ditched Your Bank for a Credit Union?

Why Haven't You Ditched Your Bank for a Credit Union? 24

In reaction to the financial crisis, the Federal Government instituted changes within the financial industry. Banks have reacted to this and passed along some of the expenses associated with the new regulations, even things like maintenance fees to simply have a bank account. Many bank customers are unsure of where to turn when dissatisfied with … Read more

Capital Gains Tax Rules on the Sale of Your Home

Capital Gains Tax Rules on the Sale of Your Home 32

Like buying a home, selling one could be one of the biggest decision in your life. It is important to understand all the rules and factors to consider when selling your home, because knowing what to do and doing them right could save you thousands of dollars. When the time comes to sell your home … Read more