One of the drawbacks of owning real estate is the property taxes you will have to pay to state and local governments. Although property taxes can be bothersome and can impact your finances significantly, there are ways in which you can mitigate the effects of property...
Generally speaking, 401(k) retirement accounts are designed to remain untouched until you have reached retirement age. You are not allowed to withdraw funds from your 401(k) account prior to the age of 59 ½ without being hit with significant penalties and charges,...
We are currently living in a transitory inflationary period, but it is not like the 1970s. Investopedia defines inflation as, “the rate at which the value of a currency is falling and, consequently, the general level of prices for goods and services is rising.” If...
Many people neglect considering life insurance as a part of their estate plan. Although each estate plan should be tailored to your specific circumstances, everybody should at least take life insurance into consideration. Obtaining life insurance can make things...
