You may wonder why so much money comes out of your pay, where it goes, and what can be done to change the deducted amount. The good news is that you usually have some control over your deductions.
Unfortunately, there isn’t much you can do to convince life insurance companies to qualify you for insurance. However, doing as much as you can to maintain a healthy lifestyle is the first step to making a good case. How to Pass a Life Insurance Exam ...
When you total these up for the year on your Schedule A you can deduct the portion that exceeds 7.5 percent of your adjusted gross income. If you receive tax exempt disability payments and your other taxable income is relatively low, the Earned Income Tax Credit may increase your t...
Government bonds will be viewed as much safer collateral than a high-flying tech stock.Bottom lineIn most circumstances, taking an early withdrawal from your 401(k) or IRA will result in an additional 10 percent penalty on top of income taxes. There are instances where the penalty is waived...
But if your actual discretionary spending is higher than what the math says it should be, it means you’ve got some work to do. You’ll have to figure out which of your expenses are eating up too much of your budget, and where you may want tocut coststomake sure you aren’t going...
Rainy season again here in the Philippines. My backyard get filled again with water. These toads been here for about a decade. I just read those solutions. So i bought 3 liters of gasoline. I poured it all in the water. No freaking noise so far....
If the person in question has written up an advanced medical directive (also known as a "living will") that decision is much easier, because family members can simply follow his or her wishes. In the absence of a living will, the family must carefully consult with doctors to determine what...
Be realistic about how much you’ll need to maintain the lifestyle you want. Ashley Folkes, a CFP in Hoover, Alabama, has clients test-drive living on less for a month or two to see what it might be like in retirement. “A lot of them realize that they really can’t get by, or...
The amount of healthcare subsidy you will receive will depend on how much over the FPL your household income is and the type of healthcare plan you want e.g. deductible amount, bronze, silver, gold, platinum etc. The chart below shows how much of your household in...
Before you buy a home, pay down as much debt as possible. You will lower your DTI ratio and show lenders that you can manage debt responsibly and pay bills on time. LTV Ratio Another key metric that lenders use to evaluate you for a mortgage is your LTV ratio, which is calculated ...