Author: Anna Davies
How Does 401(k) Profit Sharing Work Come Tax Time?
Like a traditional 401(k) plan, a profit-sharing 401(k) plan is an employee benefit that can provide a vehicle for tax-deferred retirement savings. But the biggest difference …
Having a baby with a surrogate? It’ll set you back this much
Using a surrogate, also known as a gestational carrier, involves an arrangement in which a woman carries and gives birth to a child for another couple …
14 reasons why it’s so hard to save money these days
Inflation. The high cost of gas. Ever-more expensive trips to the grocery store. If you’re feeling a pinch in your wallet, you’re not alone. It’s harder …
The best way to protect your money when you die
Not all wills are alike; there are actually four main kinds and one of them is right for you. Sure, writing a will can be an …
Is money tight? This type of loan may be for you
The past two years have certainly brought hardship to many people. The financial hardships many people have faced due to the pandemic may be difficult to …
9 ways to lower your tax bill
Taxes can be a nuisance—and many people would prefer to pay as little tax as possible. While it’s not likely you can entirely avoid paying taxes, …
Investment tax rules every investor should know
Investing can feel like a steep learning curve. In addition to having a clear grasp of types of investment vehicles available and understanding the role investments …
New to investing? Know these tax basics
Taxes on investment income can be confusing, especially since there are several ways investment income is taxed. An investor may be familiar with capital gains taxes—the …
Here’s how to pay for that engagement ring
A ring can be a significant investment. And often it’s only the beginning of wedding expenses, as you consider a future as a couple. That’s …
Why college is not for everyone
While college is a good option for many people, it isn’t for everyone — and not going to a four year college doesn’t mean you …
Refinancing a car with high mileage
As prices for used and new cars skyrocket, you may be wondering how to get the most value from your current vehicle. One option you …
9 ways to pay for IVF treatment
Couples who are finding it hard to get pregnant can often feel isolated while they’re going through this difficult experience. But struggling with fertility is actually …
The complete guide to out of state tuition
When you’re considering colleges, admissions rates can seem like your biggest hurdle. But as acceptances roll in and you begin to look at tuition rates, you …
What Biden’s new undersecretary of education means for student loans?
College student loan reform was a huge platform for Joe Biden’s campaign. But once Biden became president, the question became: How will the new administration tackle …
Average student loan debt by profession
What do a doctor, a lawyer, and a dentist have in common? It sounds like the setup to a joke, but the punchline is anything but …
How to prepare for the end of federal student loan relief
For people waiting to know President Joe Biden’s plans for student debt, his first speech before a joint session of Congress was a letdown. While he …
Wells Fargo no longer offers private student loans
In January 2021, Wells Fargo announced that the company was exiting the student loan business and selling and transitioning current loans to a new servicer, Firstmark …
What is a W-2?
A W-2 is a form filed by an employer that shows compensation paid and amounts withheld from an employee’s paycheck. Compensation includes wages, tips, and other …
The state of student loans: What borrowers and future borrowers want to know
President Joe Biden ran his campaign on a platform that included strong student loan reform promises. After he was officially sworn in as the 46th President of the …
Should you invest with friends?
Investing with friends might seem like an intriguing concept. Instead of being the sole decision-maker, you can share financial and knowledge-based resources to come up with …
IRS changes for 2020 taxes
Please note: This article provides general background information only and is not intended to serve as tax advice or as a substitute for legal counsel. You …
What to know about a market sell-off
Often, the word sell-off is used in conjunction with market volatility, but you may wonder what, exactly it means, especially when it comes to your money. …
Can the president cancel student loan debt?
Can the president unilaterally cancel student debt? Such sweeping federal student loan reform has not yet happened via an executive order.
5 ways to experience the national parks on a budget
If you’re looking for a once-in-a-lifetime vacation that gives you amazing memories, plenty of Instagram-worthy moments and the ability to DIY a trip based on your …
Top tips for saving money on childcare
If there’s a universal truth to childcare, it is that kids are expensive. Whether you choose a nanny, daycare or are just looking for a babysitter for an …