by Justin Knapp | Jun 7, 2018 | Current Affairs, Financial Articles
Tens of millions of Americans can earn a risk-free 3 to 6 percent annual return by paying down their mortgage. Can it get even better? Yes, it’s quite often tax-advantaged as well. If you have enough money in the bank or in investments to do it, consider the...
by Justin Knapp | Jun 7, 2018 | Current Affairs, Financial Articles
What constitutes a qualified educational expense? When that question relates to 529 savings plans, the answer may be broader than you think. Although 529 accounts are often used to pay for children’s college tuition, those funds can also be used for a variety of...
by Justin Knapp | Apr 23, 2018 | Current Affairs, Financial Articles
How much does the government want consumers to use health savings accounts to pay for healthcare expenses? So much that it has made the HSA the only triple-tax-advantaged vehicle in the whole tax code: you contribute dollars on a pretax basis, your money compounds on...
by Justin Knapp | Apr 23, 2018 | Current Affairs, Financial Articles
Cost of a three-year extended warranty for a dishwasher: $157.97. Average cost of a dishwasher repair: $159. The fact that service contracts often cost about the same as a repair is just one reason extended warranties — also known as service contracts and protection...
by Justin Knapp | Mar 26, 2018 | Current Affairs, Financial Articles
President Trump’s new tax law has caused concern among homeowners looking to borrow against the equity in their houses. The legislation appeared to eliminate the deduction taxpayers get for the interest owed on home-equity loans, but after prodding from lobbying...
by Justin Knapp | Feb 15, 2018 | Financial Articles
Periodic rebalancing is generally a good way to keep your investing strategy on track and to prevent your portfolio from becoming too risky during market surges (like the one we’ve been experiencing in recent years) or too conservative after big market setbacks....