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Is It Worth Getting Amped Over Electric Vehicles?
Be prepared to pay more upfront when purchasing an electric vehicle. Electric vehicles have historically had a much higher sticker price than gasoline-powered alternatives. But there are some benefits.
Whoa! Do I have enough Life Insurance?
Determining life insurance needs with the help of a professional is a good option. Remember that level term life insurance is generally the appropriate type of coverage for most people. If you think you need additional insurance coverage – act fast!
Super Bowl Commercials: Crypto Paycheck?
Most vendors continue to require the U.S. dollar as a primary means of payment, and you generally can't use cryptocurrencies to pay for everyday expenses like rent, mortgage, food, and medical bills. As a result, Bitcoin is still best viewed as a speculative investment rather than a reliable way to receive your paychecks.
Retiring Early? Avoid Withdrawal Penalty
The “Roth Conversion Ladder” strategy isn’t for everyone, but anyone considering early retirement should know about it. Pay the tax early, let the funds grow, count to five (years), and withdraw your principal both tax and penalty-free.
Is Your Car Dealer Ripping You Off?
Purchasing a car shouldn't be stressful, but unfortunately, it often is. But you can take back control of the car buying experience by taking the time to research your financing options and being smart about extended warranties/service plans.
Last Task for the New Year: Your Annual Portfolio Checkup
Responsibly managing your finances requires ongoing diligence. It isn’t enough to select good investments and then forget about them. Take time to review your portfolio, both as individual components and as a whole.
Aging Adults: What are the Housing Options?
Looking for a living option for yourself or a loved one that will help reduce the burden of household duties and ultimately aid in personal wellbeing as aging occurs can be a little daunting.
Hawkish Fed: Good for Your Portfolio?
The Fed has tremendous influence over the economy and the markets. After years of stimulus, it must navigate an unenviable balancing act of combating inflation without rattling confidence in the markets.
Should You Buy Bonds in 2022?
Owning bonds today is still relevant because they provide steady income and protect portfolios when risky assets fall. If you rely on your portfolio for spending, the bond portion should protect your spending level.
Inherited IRAs: Do You Know The Rules?
When the SECURE Act first passed, the rules seemed straightforward. In practice, we are now encountering individuals who have more than one Inherited IRA account and possibly different distributions plans for each one.
Want to Earn 7% Risk-Free? There’s a Catch
The 7% yield is very attractive. It will probably change in May, but even then, the new yield will still likely be well above any other yields that you can get on cash alternatives.
Nurses, Military, Teachers: Get your Student Loans Forgiven!
The PSLF program hasn’t had the best reputation, but the recent changes should make it more user-friendly and accessible to the people it was designed to help.