Business & Finance: IRA and 401k Deferral Limitations

IRA and 401k Deferral Limitations

The Internal Revenue Service regulates contributions into both 401k plans and Individual Retirement Accounts. While the deferral limits don't change for investors, deducting contributions varies with IRA accounts depending on income, marital status and whether or not you are covered by a 401k plan.

Business & Finance: How to Write Dispute Letters to Credit Agencies

How to Write Dispute Letters to Credit Agencies

When you notice an error on your credit report, it's your responsibility and right to dispute the problem. If an error stays on your report, it can hinder your ability to obtain new credit, a mortgage or insurance. To avoid errors staying on your report for too long, order a free copy of your credit

Business & Finance: Can I Withdraw Money From a Custodial IRA?

Can I Withdraw Money From a Custodial IRA?

A custodial IRA is established on behalf of a minor child who is eligible for IRA contributions. Eligibility requires earned income in the year the contribution is made but doesn't need to come directly from income. This means parents or grandparents can gift the contribution into the IRA. Taking mo

Business & Finance: What If My Unemployment Check Is Higher Than My Full-Time Job?

What If My Unemployment Check Is Higher Than My Full-Time Job?

Unemployment benefits, also known as unemployment insurance, are a form of payment made to workers who are eligible and willing to work but who have recently been forced out of a job. The amount of benefits that a person receives will be based on a number of factors -- chiefly, how much he made whil

Business & Finance: Roth IRA & Money Removal

Roth IRA & Money Removal

Qualified Roth Individual Retirement Account withdrawals, called distributions, are tax-free, including any earnings your account accrues. Unqualified withdrawals, however, may be subject to a penalty.

Business & Finance: How Do I Pay a Lost Speeding Ticket in Colorado?

How Do I Pay a Lost Speeding Ticket in Colorado?

When you are ticketed for speeding in Colorado you are given a printed ticket. This ticket comes with a claim number. You need this number in order to pay the fine through the county or town you are caught speeding in. If, however, you can't seem to find the speeding ticket it is still possible to p

Business & Finance: Does a Student Loan Offset Delay Your Refund?

Does a Student Loan Offset Delay Your Refund?

Failure to repay a student loan can lead to a federal tax refund offset, which could delay your tax refund check. An offset occurs when a portion of your federal income tax refund is withheld to settle an outstanding federal or state debt, such as student loans or delinquent taxes. The Treasury Offs

Business & Finance: Fixed Rate Annuities - The Benefits

Fixed Rate Annuities - The Benefits

Many retirees should start thinking about their annuity and pension options as early as possible to ensure that they achieve the best annuity deal and have the best type of annuity to suit specific circumstances. ...

Business & Finance: Rules for Unemployment in Georgia if Fired

Rules for Unemployment in Georgia if Fired

The Georgia Department of Labor administers the state's Unemployment Insurance Program. Applicants who are unemployed through no fault of their own or partially unemployed for a lack of available work qualify for unemployment benefits if they look for suitable work and remain able to accept employme

Business & Finance: Free Money Management Tips

Free Money Management Tips

Money can be hard to managemoney money image by Valentin Mosichev from Fotolia.comNumerous money management tips can be found online. However, it can be difficult determining which ones are effective for your personal financial situation. Review each tip and its source to determine if it...

Business & Finance: How to Figure Out the Present Value of an Annuity at Different Interest Rates

How to Figure Out the Present Value of an Annuity at Different Interest Rates

The present value of an annuity is the value of all future payments after backing out, or removing, the interest each earns between the present time and the time of payment. The present-value formula that backs out these interest rates is PMT/(1+i)+PMT/(1+i)^2 +...+PMT/(1+i)^n, where "n" payments of

Business & Finance: Teach Online and Earn Extra Money

Teach Online and Earn Extra Money

Online teaching is becoming more and more popular today because people find it easier to do and the money they earn is enough to cover up their expenses. Earning money with online teaching is one ...

Business & Finance: Ways to Build Credit After Bankruptcy

Ways to Build Credit After Bankruptcy

Using only cash will not help you rebuild your credit after bankruptcy.dix dollars, 10 dollars, ten dollars, dieci dollari, ten box image by Blue Moon from Fotolia.comIf you are facing huge credit card debt, bankruptcy may be the only option to keep your family from putting every last...

Business & Finance: Does Applying for a Mortgage Affect Your Credit Score?

Does Applying for a Mortgage Affect Your Credit Score?

Applying for a credit card will affect a credit score. Applying for a personal loan will affect a credit score. And, most definitely, applying for a mortgage will affect a credit score. Every time an inquiry is made from a creditor to receive a copy of a consumer's credit report, it will drop her sc

Business & Finance: 401(k) Roll Over Rules

401(k) Roll Over Rules

In retirement plans, a rollover is the transfer the contents of one account into another. If you leave your job, you have the option to roll your 401k into an Individual Retirement Account or possibly into your new employer's 401k. You usually pay taxes on withdrawals from a 401k, but a rollover is

Business & Finance: Is Social Security Counted Towards a Parent's Income?

Is Social Security Counted Towards a Parent's Income?

Social Security benefits received by children are not counted towards their parents' incomes. Children receive Social Security benefits after one or both of their parents have met the requirements of the Social Security Administration before they died, retired or became disabled. Their benefit amoun

Business & Finance: Is an IRA Subject to Estate Tax?

Is an IRA Subject to Estate Tax?

An Individual Retirement Account is granted tax-favored status by the Internal Revenue Service. The tax benefits make it suitable for growing assets during a person's lifetime. However, an IRA is not favored when transferring assets to someone other than a spouse.