...If your income has indeed increased since you opened your credit card, and you have considerable self control over your spending, you should go ahead and update your income. The increased credit limit could actually boost your credit score...
...Once your son or daughter moves in, the room will never look like that again. Opt for sturdy items and be realistic...
...Some worries belong in the "unlikely to happen/deal with it when it actually does" bin...
...Tax-deferred accounts have long been a boon to savers, allowing them to earn additional growth on top of the growth without Uncle Sam taking a share. But tax-deferred doesn’t mean tax-free, and sooner or later, Uncle Sam will eventually take his share, since each and every retirement account is subject to Required Minimum Distribution (RMD) rules at some point...
...It’s probably low relative to your future earnings potential. It may even give you permission to dial back your own intensity – and spend some more quality time today with your family...
...When it comes to risk-taking, one size does not fit all. Each of us takes different types of risks at different times depending on our personal motivations. Our risk tolerance is relative to our life experience, unique personality, education, and situational factors...
...Under the Tax Cuts and Jobs Act of 2017, though, the debt limit on deductibility for acquisition indebtedness is reduced to just $750,000 (albeit grandfathered for existing mortgages under the old higher $1M limit), and interest on home equity indebtedness is no longer deductible at all starting in 2018...
...While the new deduction will be a powerful way for many business owners to reduce their tax liability, it comes at a price… complexity...
...You don’t know what you don’t know. You know some things about how you want to dispose of your assets after you die. What you may not know is all the case law and legislation that have evolved into your state’s probate code...
...In fact, while hiring a child may not seem like a top-of-mind move for many businesses owners, if you play by the rules, there can be a surprisingly broad array of tax (and other) benefits to doing so...
...whether you are new to 529's or already invest in a 529 account, understanding more about the ins and outs of how these plans work can help you maximize your investment...
...Ultimately, the key point is that salary deferral limits for individuals apply once across all plans, while employer contributions are limited on a per-plan basis…unless the plans themselves are related employers under the controlled group or affiliated service companies that aggregate that limit back into one as well...
