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3 Main Types of Deposit Accounts, Which One Should You Choose?

There are three main types of deposit accounts you can use to save money for your financial goals. Depending on your needs, one or more of the accounts may be an ideal way for you to invest in the future whether you have specific financial goals or just want to build a suitable stash of … Read more3 Main Types of Deposit Accounts, Which One Should You Choose?

5 Tips for Buying Your Own Private Health Insurance

In the United States, health care insurance is necessary to help offset the medical expenses that continues to climb each year.  The seemingly endless rise in the cost of doctor’s visits, medications and medical procedures makes it impossible for even those with a decent income to afford a major accident or illness.  If you are … Read more5 Tips for Buying Your Own Private Health Insurance

The Basics of Short Term Disability Insurance

With so many different types of insurance policies available to consumers today, it is often difficult to determine which are necessary and which are a waste of money.  As a general rule, insurance is the type of protection you purchase with the hopes of never having to use it.  No one wants to be in … Read moreThe Basics of Short Term Disability Insurance

Home Mortgage Interest Deduction: How It Works and the Big Myth

One of the benefits of buying a home is that you can deduct the mortgage interest you are paying on your loan. Since the inception of the income tax in 1913, the mortgage tax deduction is still one of the most popular deductions for homeowners. Generally, all mortgage interest can be deducted from your federal … Read moreHome Mortgage Interest Deduction: How It Works and the Big Myth

What are Qualified Distributions?

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 For retirement accounts that are generally withdrawn on a tax-free basis if the withdrawals are made when the account owner is the appropriate age or for certain exceptions, than a qualified distribution from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 moreWhat are Qualified Distributions?

Should You Buy Return of Premium Term Life Insurance Rider?

Generally when you buy term life insurance, you’re insuring against an untimely death. Term life covers a temporary need — like providing for your dependents if you should die before they’re financially self-sufficient. As you grow older and your dependents are also self-sufficient, or you have money socked away in a retirement fund, you may … Read moreShould You Buy Return of Premium Term Life Insurance Rider?

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