Archive for March, 2014

The “Outs” of IRAs

By Linda Leitz - Last updated: Wednesday, March 26, 2014

Last week we looked at what kind of IRAs there are and some information about making contributions to them. This week we look at getting the money out. A good rule of thumb to remember about paying taxes is that the IRS has an approach with IRAs of “pay me now or pay me later.” […]

The “Ins” of IRAs

By Linda Leitz - Last updated: Thursday, March 20, 2014

We received an e-mail with questions about the ins and outs of IRAs. This week we’ll talk about types of IRAs and putting money into IRAs . Next week we’ll address getting the money out. Both for IRA contributions and withdrawals, there are lots of rules and exceptions, so this is just the overview. Check […]

College Loan Common Sense

By Linda Leitz - Last updated: Monday, March 10, 2014

Many financial planners and consumers believe any type of debt is bad news. But the right kind of debt can give opportunities and financial returns. Recognizing good debt and keeping it at the right level is key. One type of potentially good debt involves student loans. There are some similarities to a mortgage, which allows […]

Financial Tips for Young Adults

By Linda Leitz - Last updated: Monday, March 3, 2014

A good start can make all the difference between a solid financial life and working to clean up a money mess. Here are a few pointers that involve spending less than you make. That may seem obvious, but if that’s so, why do so many young people have high credit card balances that they don’t […]