No matter who you talk to in the financial world, you will always here that you need an emergency fund. The importance of an emergency fund cannot be overstated. Too often people back themselves into a financial corner by not being prepared for the worst. How often...

The Roth IRA seems like a simple retirement account at first glance. But there are some intricacies to the Roth IRA that can leave even the best minds confused. To start with, the Roth IRA has several 5-year rules that occur at different times and under different...

There seems to be an ongoing debate about which individual retirement account is better, a Roth IRA or a Traditional IRA. The debate continues because ultimately there is no clear winner. These two different retirement accounts each have their advantages and...

You’ve probably seen them littering your 401k investment options. You’ve noticed most of the investment options all have dates behind them. By now, you may even understand that these options are target-date funds, also known as lifestyle funds. You may also understand...

What does a bad credit score tell people about you? For starters, it lets lenders know that you are a credit risk, and that you are financially unsound. But that is only the beginning. The correlation between credit scores and other risks in your life are substantial....

Almost half (46 percent) of recent retirees wish they had planned better for handling taxes in retirement, according to a new survey from the Nationwide Retirement Institute. One in four retirees report having paid thousands of dollars more in taxes in retirement than...

Receiving an inheritance is never good under any circumstances. Unfortunately, you just received an inherited IRA and are not sure what the next step should be. Inherited IRAs come at a tough time. We’re here to help you avoid adding additional pressure and stress to...

Most people will gift some money away during their lifetime, usually to a family member. Think of all the grandparents that gift college money or birthday money to a grandchild or great-grandchild. Some people come into money and want to help family members with their...