IRA Rollover
Realize that the above are options offered by IRS. However, your employer’s rules may be more restrictive and if so, there’s nothing you can do. For example, if you have a pension plan that offers payout options over your lifetime or jointly…
Residual Income
Are you standing at the door to wealth but can’t seem to find the right key? There are many keys on the key ring that can unlock the door to wealth, but you have to know which ones they are and how to use them correctly. I’ll focus on…
Term Life Insurance
Term life insurance is the easiest type of life insurance to understand. To put it simply, the insured person pays a minimal premium per thousand dollars of coverage on an annual, semi annual, quarterly or monthly basis. If he or she…
Retirement Income
I have worked all my life and am ready to have some fun in retirement. I want to figure out how much income I can take in retirement without running out. I have $200,000 in my 401k plan with my former employer. I am 65 years old and my wife…
Rules Of Personal Finance
To earn money from money. The only way to escape becoming a wage slave for the rest of your life is to set aside savings. The profit on your savings can be used to increase your lifestyle spending, reduce the number of years until you…
Bank Secured Credit Cards
Bank secured credit cards look and work just like traditional credit cards, although they use your bank account as collateral. Anytime you aren’t able to pay your credit card bill at the due date, the bank will take the money out of your account…