Posted on July 17th, 2008 by vLogged
If you contribute to an IRA, the contributions may be fully or partially deductible. Although deductions are generally not available to high-earning taxpayers if either spouse participates in an employer’s retirement plan, contributions may still grow on a tax-deferred basis until withdrawn.
The contribution limit for the 2008 tax year increased from $4,000 to $5,000. Plus, [...]
No Comments »
Filed under: Finance, Financial Planning, Personal Finance, Taxes
Posted on May 28th, 2008 by vLogged
Whenever I meet clients, I can safely assume that they are confused between Traditional and Roth IRA. Actually, most of the times it’s safe to assume that they wouldn’t know the difference between the two. Generally speaking, a Traditional IRA is where before-tax dollars are contributed (which, at time of withdrawal, are subjected to tax) [...]
1 Comment »
Filed under: Finance, Financial Planning, Investing, Personal Finance, Taxes, Understanding Finances
Posted on May 22nd, 2008 by vLogged
These days all lenders are more than willing to provide joint mortgages. Besides getting better loans, here are four more reasons why someone should opt for them.
1. Deposit – This is a simple numbers game. Two people sharing the burden is much easier than one person bearing all the burden. Also, the bigger deposit you [...]
No Comments »
Filed under: Credit, Financial Planning, Funds, Mortgage, Personal Finance
Posted on May 20th, 2008 by vLogged
Protecting your assets is the top concern of everyone. Everyone has their own definition of this wretched word – ‘Risk’. Bottom line is that everyone is afraid of losing their money when it comes down to investment assets. The truth is that this definition takes a whole new meaning depending upon your current stage in [...]
No Comments »
Filed under: Credit, Financial Planning, Funds, Investing, Personal Finance
Posted on May 14th, 2008 by vLogged
If you have bad credit, it’s a good idea to start working to get it fixed now. Regardless if your credit problems are because of mistakes on your credit report, a poor credit history from not paying your bills, or stolen identity, there are several steps you can take to fix your credit. The first [...]
No Comments »
Filed under: Credit, Financial Planning, Personal Finance
Posted on May 6th, 2008 by vLogged
Postponing Social Security until age 70 makes a great deal of sense for most healthy, married Americans that can do without the income. Of course, there are numerous exceptions and before postponing your benefits you should seek professional guidance. Obviously most haven’t because about two-thirds of current Social Security recipients started taking benefits before their [...]
No Comments »
Filed under: Finance, Financial Planning, Investing
Posted on May 1st, 2008 by vLogged
For people operating their own business, one of the biggest time consuming and frustrating process is finding the right financing partner for their business loans. Often, this is a complex and prolonged procedure due to extensive documentation and poor sources of information. This is where services like Ezunsecured kick in. With specialized services to find [...]
No Comments »
Filed under: Business & Economics, Debt Consolidation, Finance, Financial Planning, Funds, Products & Websites
Posted on April 28th, 2008 by vLogged
So here is the post on debt consolidation management as promised. I’ve been planning on writing about the benefits of debt repair companies, but before I do that let me go into defining the differences between credit counselors and credit repair companies. Credit repair companies usually have some person acting as counselors explaining the options [...]
4 Comments »
Filed under: Debt Consolidation, Financial Planning, Personal Finance
Posted on April 26th, 2008 by vLogged
Around two months back I did a post on bad-credit. That is where I discussed about the importance of getting professional help. There is no doubt that having bad-credit closes a lot of doors, but that in no ways means that the consumers with a bad credit score should jump to apply for the first [...]
2 Comments »
Filed under: Credit, Financial Planning, Personal Finance, Products & Websites
Posted on April 3rd, 2008 by vLogged
Recently, I have been thinking of selling annuities, but am kind of confused. On one hand I really need some cash. On the other hand, it just doesn’t seem like a wise financial decision.
When it comes to selling annuities, there are a couple of things that must be kept in mind. Since annuities are fixed [...]
No Comments »
Filed under: Daily Ramblings, Financial Planning, Personal Finance
