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Personal Finance : Business & Finance

When to Start a Roth IRA

Few investments offer the tax benefits of the Roth IRA. As long as you follow the rules and abide by the annual contribution limits, you can withdraw money from your Roth IRA tax-free in retirement. That means that your Roth IRA should be one of the cornerstones of your retirement portfolio. It also

Are IRA Contributions Taxable?

IRA can stand for individual retirement account or individual retirement arrangement. There are different kinds of arrangements that fall into one or two categories -- tax deferred or tax free accounts. The most common examples of the two accounts are traditional IRAs and Roth IRAs.

Can You Claim Partial Unemployment if Your Hours Are Cut in Virginia?

The Virginia Employment Commission administers the commonwealth's unemployment laws. Virginia employers pay unemployment insurance taxes on their total payroll wages. Eligible employees who are no longer employed or work reduced work schedules may receive weekly benefits for up to 26 weeks if they r

IRA Hardship Rules

When you invest money in an IRA it's with the understanding that funds in the account are supposed to stay there (with a few exceptions) at least until you turn 59 1/2. However, anyone may find themselves facing unforeseen financial hardships. The IRS does allow some penalty-free early withdrawals f

Grants & Scholarships for Gerontologists

Gerontology is the study of how people age. Gerontology looks at the social, psychological and biological aspects of aging. A variety of grants and scholarships are available to students seeking a career in gerontology or to physicians and researchers who have completed their education and are worki

Rights of a Trust Remainder Beneficiary

A trust is a legal arrangement involving a grantor, the person who funds the trust; a trustee, the party responsible for managing the trust; and a beneficiary, the party who benefits from the trust fund once the grantor has passed away. There are two types of beneficiaries: current and remainder. Cu

Budgeting & Money Management

Budgeting your money properly is no easy feat, and unfortunately many of us end up learning only by our mistakes. But you can get yourself off to the right start and avoid common problems by taking a proactive approach to your money. The sooner you get started with budgeting and saving, the better o

How to Repurpose Egg Cartons

Many households throw away several egg cartons a week, generating a lot of garbage, almost all of which is Styrofoam, which does not break down for years. It’s a much better option to find useful second careers for them around the house. From kids crafts to entertaining help, egg cartons can

What Kinds of Trusts Are Available to Lottery Winners?

Winning the lottery brings with it a rush of excitement, followed by countless questions. Many lottery winners wonder whether they should establish a trust for their winnings. The revocable trust and the blind trust are two options commonly used by lottery winners. Each has its own advantages and di

How to Apply for the Ashworth College Grant

Ashworth University, formerly Ashworth College, is an online college located in Norcross, Georgia, that offers a wide variety of classes from career training to high school diploma courses. Although there is no grant option available, there are many other financial aid avenues to take advantage of t

How to Get Stuff Off Your Credit Report

Your credit report contains more than a list of your current debts and payment histories. Current and past information about you, such as names, addresses and derogatory public records, also appear within your credit file. This data is provided to the credit bureaus by your creditors. Should any of

IRA Maximum Distribution Rules

IRAs are retirement accounts that allow you save toward retirement while getting a tax benefit. Traditional IRAs grow tax-deferred and allow you to deduct the contribution from taxes, while Roth IRAs grow tax-free with no deduction. The IRS sets limits to annual contributions.

How to Improve Credit Scores Legally

Your credit score, also known as your FICO rating, is a three-digit number based on the items in your credit report, such as collection accounts, credit cards, lines of revolving credit and home mortgages. Lending agencies and businesses use this score, which ranges from 300 to 850, to determine you

The Average Checking Account

Checking accounts are handy financial tools for completing routine tasks like depositing checks and paying bills online. But because everyone's individual financial situation varies, it can be confusing to determine how "average" your checking account is compared with other people's checking account

How to Make a Million Dollars

Making a million dollars isn't as hard as you think. This article will show you how to trim your budget painlessly and use the proceeds to get you across the seven-figure threshold.

How to Remove Bad Things on Your Credit Report

Whenever you use credit, the lender reports your credit account to the credit bureaus. This information can be positive or negative, depending upon how well you've managed that account. The bureaus take this data and condense it into your own personal credit report. The information in your credit re

How to Convert Depreciated Stock to a Roth IRA

Depreciated stock refers to stock that has gone down in value. You may be able to convert those stocks into a Roth IRA depending on the type of account in which the stock shares are currently held. You will need to follow the appropriate procedures for Roth IRA conversion.

When Should I Use a Debit Card?

Chances are you have both a debit card and a credit card in your wallet, and knowing which card to pull out in a given situation can be a challenge. Credit cards have a number of important advantages, but debit cards have their benefits as well, including the ability to get cash back and the chance