Archive for December, 2006
Why You Need (Or Don’t Need) a Down Payment
I stumbled across this Kiplinger article this morning regarding why you need to have a down payment when you buy a home, and as I often do, I found some points that I disagree with. The article starts with this question: My wife and I just got married and we’d like to buy a house [...]
Take The Financial Fitness Quiz
It is a lazy Sunday around here so if you have a couple minutes I would recommend taking the Financial Fitness Quiz over at Smart Money Tips if you have not done so before. It is fairly brief and asks a variety of good personal finance questions you should be aware of. I scored a [...]
Did You Move For A Job In 2006? You May Be Eligible For a Tax Deduction
The friendly people over at the IRS have made it possible for those who are required to move due to employment a tax-deductible event. But don’t get too excited yet because there are a few restrictions. The IRS has a two question test you must pass in order to qualify for this deduction: The 50 [...]
How Will The Automatic Enrollment Provision Of The Pension Protection Act Help Individuals Save For Retirement?
As I wrote about last week the President signed into law the Pension Protection Act of 2006, or the PPA in August. The PPA covers many aspects of tax-advantaged savings products but the items getting most of the attention are those dealing with retirement accounts. One highlight is regarding the automatic enrollment provision that allows [...]
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