Personal Finance : Business & Finance

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IRA & Death

IRA & Death

Depending on the size of your estate, you may be able to use individual retirement accounts (IRAs) to minimize taxes on the money you pass to your heirs. Roth IRA accounts in particular may help your heirs avoid income taxes, since Roth distributions are tax-free. Traditional IRA distributions are s......[Read More]
Accounting Policies for Stale-Dated Checks

Accounting Policies for Stale-Dated Checks

Stale-dated checks are checks that don't get cashed for long periods of time after they've been written. People may forget they have the check, lose it or aren't able to cash it immediately. Although you may not have experienced this personally, stale-dated checks are quite common. In fact, there ar......[Read More]
Can an Issuing Bank Not Cash Payroll Checks?

Can an Issuing Bank Not Cash Payroll Checks?

An issuing bank has the authority to honor or refuse payroll checks as it sees fit when customers without proprietary bank accounts present these checks for payment. These policies are in place to encourage customers without bank accounts to open new accounts and begin doing business with the partic......[Read More]
Credit Works Mortgage Programs

Credit Works Mortgage Programs

Credit Works Mortgage, a licensed home loan broker located in Brookfield, Connecticut, offers several programs for would-be and current homeowners. In addition to providing mortgage loan services, Credit Works also has a comprehensive website with free financial calculators, reports and tips about c......[Read More]
Income Taxes on 401(k) Plans

Income Taxes on 401(k) Plans

A 401k plan allows you to save and invest for retirement without having to pay any income taxes on either the money you contribute to the plan or the money you make from your investments. All income taxes are deferred until you start taking money out of your account later on.......[Read More]
Does It Hurt Your Credit to Check Your Credit Score?

Does It Hurt Your Credit to Check Your Credit Score?

Your FICO credit score helps lenders determine the interest rate you will get. A good credit score usually means lower interest rates, so you may want to check your credit score before applying for a loan.......[Read More]
How to Budget and Plan a Month of Groceries List for Two

How to Budget and Plan a Month of Groceries List for Two

Food is a necessary expense in life, and the costs of eating can really add up if you are not carefully considering your menu. It can be particularly difficult to create affordable meals for just two people because you need to buy small quantities of ingredients. You can, however, reduce your costs ......[Read More]
How to Fire a Broker

How to Fire a Broker

In a volatile financial market, it's natural to want to assign blame. Be careful, though, before you start pinning crimes on your broker that don't belong to her. If you really have reason to believe, though, that she's been unethical in any fashion or you have a notion that you can manage your inve......[Read More]
Tax Benefits of Selling Tower Leases for Perpetual Easements

Tax Benefits of Selling Tower Leases for Perpetual Easements

As the nation becomes more reliant on cell phones, cellular communications companies must purchase perpetual land easements in order to secure a sufficient number of locations where they can place cellular repeater radio towers. Since a perpetual easement provides the cellular companies with permane......[Read More]
FAQ On Roth IRAs

FAQ On Roth IRAs

If you need a way to put money aside for retirement and enjoy a significant tax break, a Roth IRA can be a good choice. Roth IRA accounts allow you to build a nest egg you can tap tax-free when you retire, making these plans a good choice for anyone who expects tax rates to be higher in the future t......[Read More]
How to Save 1 Million Dollars for Retirement Starting at Age 21

How to Save 1 Million Dollars for Retirement Starting at Age 21

Retirement is your reward for years of hard work, and you deserve to enjoy a comfortable retirement free of financial worry. Saving $1 million for your retirement is one way to enjoy the successes of your labor well into your golden years. Smart investing and saving is a critical component of saving......[Read More]
How do I Purchase Bank Checks?

How do I Purchase Bank Checks?

Bank checks are similar to money orders, but they are drawn directly from your checking account by your bank. These checks can be purchased and created at your local bank or online.......[Read More]
Are You Responsible for Your Insurance Deductible if Someone Rear Ends You?

Are You Responsible for Your Insurance Deductible if Someone Rear Ends You?

Your auto insurance company requires you to pay a deductible for damages to your car if an accident is your fault. A police officer assesses the accident, determines who was at fault and issues a citation to the guilty party. Unless you were driving recklessly or major factors were in play, the driv......[Read More]
How to Be a Gemologist

How to Be a Gemologist

A gemologist works with gemstones, both precious and semi-precious, in various applications such as jewelry and appraisal. Gemologists are trained through programs such as those offered by the Gemological Institute of America. Gemology is not a common degree offering at colleges, so these specialize......[Read More]
How to Use Coupons at Self-Checkout

How to Use Coupons at Self-Checkout

Many grocery stores now offer a self-checkout option. Often, the self-checkout isle is for customers who have 20 items or less. Customers who are in a hurry can scan their own items and then pay through the machine. Each self-checkout machine is capable of providing the same service as the isles tha......[Read More]
The Best Credit Cards for Students and Young People

The Best Credit Cards for Students and Young People

If you are student looking for a credit card or a parent looking to apply for your teenager, student cards are available with low interest rates and little to no annual fees. Factors such as credit history and income can become a factor in credit card approval. But student cards from reputable banks......[Read More]
How Long Do I Have to Wait to Refinance My Home?

How Long Do I Have to Wait to Refinance My Home?

The amount of time a homeowner must wait before refinancing varies between lenders and loan programs. The homeowner should also review the costs of refinancing to determine the affordability before moving ahead. Mortgage loans can cost several thousand dollars to originate, and refinancing multiple ......[Read More]
How to Move to a Different City With No Job

How to Move to a Different City With No Job

Dreams of moving to a new place for a fresh start might cross a person's mind at one time or another. When your dreams motivate you to take a step out on faith and move to a new city without a job, proper preparation can be the best tool to ensure you land on your feet. Since the task of moving in i......[Read More]
GST Tax Law

GST Tax Law

The Goods and Services Tax (GST) is a 5 percent tax on the supply of most Canadian goods and services. It is widely unpopular with consumers and businesses due to its complexity and because it is combined with local provincial sales taxes (PST), leading to what many consider an unfair tax burden.......[Read More]
Difference Between a Certified Check & a Money Order

Difference Between a Certified Check & a Money Order

Certified checks and money orders are negotiable financial instruments that are intended to guarantee payment to their recipients also known as payees. Even though money orders and certified checks assure payment, they have several differences that distinguish them from each other. These attributes ......[Read More]