Author: Ashley Chorpenning
Understanding taxable brokerage accounts vs IRA
Tax-sheltered accounts like the IRA and 401k have long been the go-to replacements for retirement planning. Sure, they’re two solid ways to build up savings …
Parent PLUS loans: Do you have to apply every year?
College is expensive and costs continue to rise. In 1989, the average cost of a 4-year degree school term was $1,730. As of 2020, the average cost …
What is a good mortgage rate?
Because your interest rate is the cost you pay to borrow money, it makes sense that you’ll want to strive to get the lowest rate possible. …
Can you get unemployment deferment for student loans?
Deferring student loan repayments may be available to qualifying unemployed individuals. The deferment and repayment options available (or not available) to individuals can depend on the …
Inherited 401(k): rules and tax information
Inheriting a 401(k) isn’t quite as simple as inheriting a pricey piece of jewelry or even money. There are taxation rules and other guidelines that beneficiaries must …
Is now a good time to buy a house?
The pandemic had a real winner amid its destruction: residential real estate. In May 2020, when the National Association of Realtors surveyed members on the impact …
Top 4 packing & moving tips
Moving can fire up a rollercoaster of emotions. In the first few days of a move, you may feel a rush of excitement (new digs = …
What is a life insurance death benefit?
The purpose of life insurance is to provide a financial safety net for the insured’s beneficiary or beneficiaries after their passing. While it’s essential to buy the right …
Medical debt relief options
It may come as no surprise that Americans are stressed about medical debt and the rise of healthcare costs. With the average family insurance premium growing 54% in …
What are the effects of carrying a balance on credit cards?
In addition to remaining in the debt cycle, there are other financial consequences of carrying a balance on a credit card.
Should I consolidate my student loans?
Student loan consolidation has its pros and cons. Here is how to determine if the move is right for you and your financial health.
Popular types of life insurance at any age
Life insurance is considered a cornerstone of financial planning by many financial professionals. It is designed to provide financial security to loved ones in the event …
Tips for comparing life insurance policies
Life insurance is one way to help protect loved ones. But, with numerous life insurance choices sold in the U.S. market, it can be challenging to …
