Money from your 401(k) plan
You already know you shouldn’t tap your retirement plan to fund frivolous purchases, yet in a handful of cases it just might be okay to take a loan. Retirement plans account for a large chunk of...
View ArticleRetirement
Find a job you enjoy doing, and you will never have to work a day in your life. If you are one of the lucky ones, even a job you enjoy doing can become tedious after many years. If you’re grinding...
View ArticleLearnability
Human beings have an amazing ability to learn, but our motivation to do so tends to decrease with age. As children, we are naturally curious and free to explore the world around us. As adults, we are...
View ArticlePromoted!
Your company just promoted you, and you’re a newly minted manager. After a well-deserved celebration and many congratulatory messages, you come face-to-face with one harsh truth that comes with your...
View ArticleBack to school
It is the hottest part of the summer and your kids are out of control. They sleep until noon and stay up until after midnight if you let them. Most parents, and kids, too feel at least a little...
View ArticleRetirement and Working Part Time – Know the Facts
If you start taking Social Security before your full retirement age, earning more than $17,040 from work will reduce your benefits temporarily. Once you’re on Medicare, extra income could potentially...
View ArticleMillennials in debt and most of it is not from student loans
Over 44 million Americans have student loans, with the average debt hovering around $33,000. And yet that’s not the number one source of debt for the average older millennial. Millennials between the...
View ArticleStudent Loan Debt Update
Millions of students will arrive on college campuses soon, and they will share a similar burden: college debt. The typical student borrower will take out $6,600 in a single year, averaging $22,000 in...
View ArticleMeetings
Office fads come and go, but one thing remains constant: meetings, which can be as much a part of work culture as voicemail and microwaved lunches. Even in this digital age, meetings remain the go to...
View ArticleCareer Coach?
A career coach can help you create a personalized plan to achieve the goals of your working life. While not qualified to intervene in significant mental, emotional, or psychological issues, they can...
View ArticleRetirement thoughts…
You can plan for it, dream about it and try to visualize it, but there’s no way to tell for sure what retirement will be like for you until after you’ve actually pulled the trigger and left the job. As...
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Back-Door Roth
Saving for retirement can be a concern for anyone, especially as the traditional means, such as pension programs have been starting to disappear from many companies. One of the most common...
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Saving on business meals
Under the recently enacted Tax Cuts and Jobs Act (TCJA), there has been a crackdown on which meal and entertainment expenses are tax deductible. Under the previous law, 50% of all business-related...
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More uses for Coverdell
Paying for a child’s college education is often a stressful ordeal for parents, which is why there are plans such as the Coverdell Education Savings Account (CESA) and Section 529 that assist with...
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Avoid an Audit
Facing an audit by the IRS can be a daunting situation for any individual or business. Even if all your taxes are in order, audits can take a lot of time and energy. Fortunately for the taxpayer, the...
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Avoiding Business Taxes
If you are self employed, tax law allows you to deduct ordinary business expenses from your tax liability. This can be helpful in making sure you owe fewer taxes each year, but making sure all reported...
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Planning your Rollover
If you are getting ready to retire or sell your business, it is possible that you have accumulated some savings in a company retirement plan. This does not sound like an issue, but withdrawals from...
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New Rules in the IRS
The recently signed “Taxpayer First Act” will benefit anyone dealing with the IRS in several ways. The upgrades outlined in the bill will modernize the agency, as well as improve operations in...
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Taxes and Mental Health
Taxes & Mental Health: The Emotional Side of Personal Finance When it comes to mental health, we often think that family, work, or other personal relationships cause the main problems. But another...
View ArticleLinks to review
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