Yes, the IRS does allow penalty-free withdrawals of a limited amount of IRA funds for first-time homebuyers. However, as enticing as it appears, taking that withdrawal comes with certain caveats that you need to carefully consider.
Best Credit Cards,
Best Credit Cards For Study Abroad,
College Students And Money,
Study Abroad Credit Cards,
If you plan to study abroad this year, relying strictly on cash and debit cards can be a gamble. Cash can easily be stolen. Debit cards can charge foreign transaction fees and don't have the same protections as credit cards. Rather than relying on cash, consider using credit cards responsibly for your overseas spending.
Money Saving Tips,
Career & Money,
You have the option to spend thousands of dollars on a luxury vacation, and there's nothing wrong with that. Or, you could travel on a budget. Either way, learn how to save for travel and take a vacation each year.
As an exercise in regret and jealousy, we've dug through thousands of feet of stock ticker tape (i.e. Yahoo and Google Finance) and picked out six food-based stocks that would've been very wise investments.
If you're currently without coverage or want to explore better options, this is the perfect time to start researching what's available.
I want to share with you the key activities I do on a regular basis that I feel have most contributed to (finally!) creating the wealth I so long desired. Something I've learned recently about money -- and how to make...
A 2014 Retirement Confidence Survey (RCS) conducted by the Employee Benefit Research Institute showed Americans are increasingly confident in their ability to afford a comfortable retirement. The improvement came after the RCS survey report recorded lows between 2009 and 2013, the years following the stock markets devastating losses...
GOBankingRates recently conducted a survey to find out people's biggest money fears -- here are seven financial fears highlighted from our poll and how to overcome them with some planning and financial savvy.
If you were uninsured and did not get health coverage by the March 31st deadline, what does this mean? And what are your options for purchasing health insurance? To break down what you need to know, here are the answers to your top health care questions.
Prepaid debit cards might not be the best option for people who could opt for a low-cost checking account instead -- but for those who can't, prepaid cards actually make great checking account alternatives as long as the cardholder takes the time to find the right one.
There seems to be a believability about all of these stock market myths. That's where things could be dangerous to your financial health. Believing in any one of these could cause your to not reach your financial goals.
They say a picture's worth a thousand words. If that's true, the following 10 images could provide the lyrics for a thousand blues songs. The graphs are taken from series of recent reports which, when considered together, create a paint-by-numbers picture of the lifelong losing game faced by working Americans.
Credit Card Rewards,
Credit Cards Vs Cash,
If you are tempted by credit and can't be counted on to control your spending habits, then by all means, stick to cash. However, if you are able to use your credit card like cash and pay off your balance at the end of every month, credit cards can offer some great benefits.
Green Bay Packers,
New England Patriots,
New York Jets,
That shiny first date newness of Week 1 has worn off and it's time to settle in for the long grind of the season. But here's the thing, it's still too early to really know what kind of talent these teams have.
It is one thing to read the 'so-called' Fed tea leave and another to be so tied to your point-of-view that you ignore the writing in front of you, and instead attempt to read between the lines.
Wall Street is in the midst of some pretty massive changes right now. And I'm talking about Wall Street as it relates to Main Street. I'm talking about how individual investors are being courted (hunted) and cared for (killed) by the new wolves of Wall Street.
In 1989, Dr.Stephen R. Covey wrote an excellent book, The 7 Habits of Highly Effective People. I highly recommend this book to anyone, in a job search or in a job! These are Dr. Covey's list of recommended habits, with descriptions adapted to apply to job search.
You may have heard some buzz circulating around the Internet about the idea of your money or your life. Sounds simple in theory, does it not? Yet, pause for a second and consider whether or not this is actually the wrong question.
Bill Murray Groundhog Day,
Certified Structured Settlement Consultant,
Don McNay And Lotteries,
Eastern Kentucky University,
Life Insurance Selling Magazine,
McNay Settlement Group,
Million Dollar Round Table,
Mutual Of New York,
New York Life Insurance,
The American College,
Universal Life Insurance,
Coming Out Of The Closet,
Commissioned Sales People,
Fee Based Financial Planners,
Fee Based Investment Advisors,
Life And Health Insurance Consultant,
Life Lessons From The Lottery,
New York Life,
I've called myself other titles, masking that my income comes from the life insurance industry. There are multiple reasons why my lifetime occupation became a semi-hidden secret. The industry itself went through the same kind of identity crisis.
Perhaps one reason so many Americans find it difficult to build wealth these days is that they are aiming at the wrong target. They get lured by decoys -- things that might seem like wealth, but in the end do not have its true staying power. Here are some of those decoys.