Contribution limits are essentially set limits that determine how much of your income you can place into your 401K on an annual basis. The federal government determines the maximum contribution that your employer can allow …

1031 Exchange A 1031 exchange is a strategy used to eliminate the payment of capital gains taxes from selling a real estate property used for investment or for “productive use” in a business or trade. …

When considering a 1030 exchange on your real estate investment, there are a few crucial rules to apply. First off, a 1030 exchange is a exchange of “like kind’ properties, deferring the capital gains taxes …

Personal loans should always be a temporary solution to a temporary problem.  Emergencies happen and most of the time, they are costly.  It is not uncommon to find that the budget or the cash flow …

To answer the question of the best way to invest your money for the long-term, it’s necessary to first define the two terms, “long-term” and “invest.” First, in the world of investing, the long-term is generally considered …

The Homeowner’s Proclamation of 2008 Introduction In the summer of 2001, in towns all across America mortgage companies were marketing the “American Dream” to middle class families, and in a move that spanned the landscape …

Getting into debt is easier than most people think. A few wrong choices can hurt your budget and create big problems for you. Luckily, if some basic tips are followed, the situation can significantly improve. …

A high percentage of American consumers have been seduced by the convenience of easy credit. Traditional habits of saving up for ones purchases have been abandoned in favour of credit card use which provides instant …

If you are in debt, you are probably facing a lot of stress. You probably lay awake at night wondering when the credit cards are going to paid off, or if the house will still …

The FDIC is the acronym for Federal Deposit Insurance Corporation, which is an agency of the government. The primary function of the FDIC is make sure that the deposits of customers are protected and insured …

As people reach retirement they often find their homes hold considerable value. A reverse mortgage allows these people to tap into this equity to fund unexpected bills, home improvements or just to supplement retirement income. …

Annuity providers tout Single Premium Immediate Annuities (SPIAs) as the solution to longevity risk. You can exchange a portion of your retirement savings for guaranteed lifetime income. When you have to give up something in …

Choosing a bank is an important decision to make for a person. As a bank is the place where you keep one of your most important possessions (your money), you can’t be too careful when …

Do you want to be free of credit card debt? Do you long for that feeling of release, that feeling of being in control of your personal finances without them controlling you? Unfortunately there are …

Debt management is relatively simple yet isn’t easy to accomplish. Getting out of debt is one of the most common financial struggles people face. Poor debt management strategies, lack of adequate financial knowledge, and lack …

Online Auto Loans Are you driving all the way to the bank to wait for someone to bring you a form to fill out for a loan? Well no need to put on you shoes …

To explain whether a ‘reverse mortgage’ is a good decision one first has to explain what a ‘reverse mortgage’ is. Well in a phrase, it is a source of funds available from banks or financial …

In choosing annuities and life insurance plans with cash values, it is a good idea to shop around. In shopping around, decisions should not be made on projections, but on the terms of the contract. …

Your son or daughter has finally graduated high-school and is ready to begin an exiting life as a college freshman. It has taken a while, but the two of you have finally made all the …

There are many advantages to living alone, but saving isn’t usually one of them. It is nearly always cheaper when you have someone to share bills with you and, if you are hoping to buy …

Anyone can get into debt. It’s easy and as a person with debt, you are among the majority rather than the minority. It’s a sad fact that we are living in a Live now, pay …

Traders and Timing. I have been taking a closer look at timing particularly when entering the stock mark and also on leaving, but more on that later. Timing very much depends on what sort of …

There are many techniques that can be used to obtain home insurance coverage for the lowest cost. Three ways to obtain the lowest costs are to look for discounts, adjust the coverages and deductible and …

Whatever other financial commitments you make in life, taking out a mortgage is likely to be your biggest one. Buying your first home can be a step onto the property ladder, with the home you …

Stolen vehicles are a huge cost to each and every one of us, including those who do no own cars. There is the value of your loss, which, if insured, is paid out of the …

Like most of us in these tough economic times, you are looking for bargains. Before you begin to bargain-shop you must first understand what a bargain is! Let us face it, many of us tend …

Health insurance is a very tricky business. Policies are often dozens of pages long spelling out exactly what is and what isn’t covered in a version of English that can be described as nothing but …

In terms of Condominium Insurance Policy, the Association requires that there is insurance on the Condominium that you live in. However, knowing what is being provided, and if you might want to get a little …

Companies sell insurance to help the average consumer relieve some of the fear of the unknown. We don’t know what’s going to happen to us in the future, and that fear of the unknown is …

The perception of retirement is changing. At one time it was popular to quietly accept the move from work life to a period when you are supposed to spend time cruising or bouncing grandkids on …