Saving enough for a 20% down payment on a home can be one of the toughest financial challenges most people will ever take on. With the median existing U.S. single-family home price at about $213,000, that means pulling together more than $40,000 – a veritable mountain of cash. Yet reaching that goal can be done. It just takes planning, patience and discipline. Here are some tips to help you map your path to home ownership: [More]
All parents want to give their children the best education possible, and many believe that private grade schools and high schools provide the best opportunities. But as the average cost of private schools continue to rise, people are asking themselves, is the price tag worth it?
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We know there are lots of different types of retirement accounts, and it sure can get confusing! Here's a simple illustration of the differences between Traditional and Roth IRAs.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered q... [More]