Articles
Planning for Tax Time
Most adults who earn money need to file a tax return. You may want to avoid filing taxes because you’re afraid that you owe money to the Internal Revenue Service (IRS) or the state. But, you may get money back from filing taxes. This is called a tax refund! Here are a couple of things […]
Spending Your Money
What does the word “budget” mean to you? Pinching your pennies or clenching your wallet? Now think about the words “spending plan.” A Spending Plan: A spending plan is like a road map for your money. It helps you: Where you spend your money is personal. The goal is to spend money on the things […]
Money Goals Made Easy
A goal is something you want to work toward. It gives you a sense of direction and helps you focus on what matters most to you. You can set goals for your health, your habits, your job, your learning or your family life. A good way to begin is by thinking about what is important […]
When Should I Claim Social Security Benefits?
While retirement can be a different experience for each person, once you stop working, you’ll need sources of income to support yourself. Retirement income can come from savings and social assistance programs such as social security retirement benefits. Social Security, also called ‘Old Age, Survivors, and Disability Insurance’ (OASDI), is a federal program that provides […]
What Are 530A (“Trump”) Accounts?
In July 2025, the federal government passed a bill known as the “One Big Beautiful Bill.” This bill introduced many important economic changes including the creation of “530A accounts,” which are a new type of individual retirement account (IRA) for eligible children (IRS). IRAs are often used for retirement savings by people with earned income. […]
What to Know About Buy Now, Pay Later Loans
For many years, if a person didn’t have enough money or didn’t want to use their money to buy an item or service, their options were to delay the purchase, borrow money through a bank or credit union, or use a credit card. Since 2019, ‘Buy Now, Pay Later’ (BNPL) loans have become a popular […]
Required Minimum Distributions
The accounts you can use to save for retirement include employer-provided accounts like a 401(k) or 403(b). Other options include personal retirement savings accounts like individual retirement accounts (IRAs). No matter which type of account you use, it is important to know if the account is a ‘traditional’ (pre-tax) account or ‘Roth’ (after -tax) account. […]
Administración de las finanzas después de una pérdida de empleo
Perder su trabajo puede conllevar un impacto serio en su vida. Más allá de los problemas financieros que la pérdida del empleo puede significar para una persona y su entorno cercano, también implica un desafío en el área del bienestar. Según la Asociación Estadounidense de Psicología, las investigaciones en torno al desempleo muestran que perder […]
Ways to Get Out of Debt
When bills like hospital and other medical bills, credit cards, and other debts come with amounts owed that are bigger than last month, it can seem like you’ll never be able to get them all paid off. There are several different ways of tackling debt. Take a look at the choices below and pick the […]
Using Digital Coupons
To lower your costs when shopping for groceries and other items or services, you can use a coupon, which is a ticket or code that gives you a discount. Coupons can lower the price of a purchase by a certain dollar amount or a specific percentage. A study by Consumer Reports found that a third […]