The Critical Money Choices You Should Make in Your 70s

Personal Finance

The Critical Money Choices You Should Make in Your 70s

The Critical Money Choices You Should Make in Your 70s

You’ve reached 70, and you’ve got it all figured out. You’ve finally said goodbye to having to work for income, you’re in an easy routine and everything is going well. Then you hit 70½, and the IRS requires you to start taking distributions from your retirement plan, even if you don’t need the money. The... Read More

How Much Life Insurance Do You Need?

Personal Finance

How Much Life Insurance Do You Need?

How Much Life Insurance Do You Need?

It has been said that life insurance is like a parachute. If you don’t have it when you need it, you will never need it again. But how much life insurance do you really need? There are really only two reasons to purchase a life insurance policy: 1) to pay off a debt or obligation,... Read More

Help! I Owe Money on My Taxes & I Can’t Pay

Personal Finance

Help! I Owe Money on My Taxes & I Can’t Pay

Help! I Owe Money on My Taxes & I Can’t Pay

If you know you owe taxes but can’t pay right away, don’t despair. There are options, although some are admittedly better than others. Here a few ways to take care of your tax debt so it doesn’t come back to haunt you. Failing to pay your taxes can lead to a tax lien on your credit reports, which... Read More

5 Last-Minute Tax Tips That Will Save You Money

Personal Finance

5 Last-Minute Tax Tips That Will Save You Money

5 Last-Minute Tax Tips That Will Save You Money

The moment of truth is nearly upon those of us who waited to file our federal income taxes. Yes, this year the tax deadline is April 18 instead of the 15th — offering serious procrastinators a little reprieve. But the longer you wait, the more you increase the chance of making a mistake under pressure. Still,... Read More

10 Ways You’re Filing Your Taxes Wrong

Personal Finance

10 Ways You’re Filing Your Taxes Wrong

10 Ways You’re Filing Your Taxes Wrong

Good news: You made it through winter and spring is finally here. Bad news: Your taxes are due! Fortunately, the most common mistakes made on tax returns are fairly easy to avoid. Why should you care? These common mistakes often mean you’re paying more taxes than necessary or, even worse, you’re under-reporting your income and... Read More

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