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Tuesday, October 15, 2019

Woe to the taxpayer who runs afoul of the numerous and confusing IRA rules. There are forms to file, contributions to make, distributions to take, and penalties to avoid. While corrections are possible, it’s best to avoid...

Tuesday, October 8, 2019

Roth 401(k)s and Roth IRAs share the ultimate goal of tax-freedistributions of earnings, but they are governed by different rulesalong the way. This side-by-side comparison can help determinewhich vehicle suits your needs best. Roth...

Tuesday, October 1, 2019

In tax lingo, your principal residence is the place where you legally reside. It's typically the place where you spend most of yourtime, but several other factors are also relevant in determining your principal residence. Many of the...

Tuesday, September 17, 2019

There's no doubt about it--owning a home is an exciting prospect. After all, you've always dreamed of having a place that you could truly call your own. But buying a home can be stressful, especially when you're buying one for the...

Tuesday, September 10, 2019

A brief history 529 plans were created by Congress in 1996 and have been modified through the years by various pieces of legislation. Known officially as "qualified tuition programs" or QTPs, 529 plans are so named because they are...

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Tuesday, September 3, 2019

As more Americans shoulder the responsibility of funding their own retirement, many rely increasingly on their 401(k) retirement plans to provide the means to pursue their investment goals. That's because 401(k) plans offer a variety...

Monday, August 26, 2019

Financial planning is more than just a good idea. Research has consistently shown that people who have financial plans -- and who work with financial advisors -- save and invest far more and are nearly twice as likely to feel on track...

Thursday, June 13, 2019

Ancient Chinese merchants are said to have developed a unique way to manage their risk. They would divide their shipments among several different vessels. That way, if one ship were to sink or be attacked by pirates, the rest stood a...