New Research Shows You Should Rethink This Popular Retirement Strategy
This retirement planning rule has been widely touted for decades, but does it still hold true?
This retirement planning rule has been widely touted for decades, but does it still hold true?
One-third of renters live with dogs, which shows how many of us love our four-legged friends. It also means renters insurance to cover dog bites is important to consider when youâre a dog owner and renting. And while your sweet little pup may not have any known history of biting, you never know how your […]
The post Does Renters Insurance Cover Dog Bites? appeared first on The Simple Dollar.
If weâre all honest, no one likes shopping for car insurance. Itâs not just that there are so many options and discounts that makes finding an affordable policy difficult, but also that there are so many companies available. Thatâs certainly true in Florida, where dozens of companies are competing for your business. To help find […]
The post We Found the Best Car Insurance in Florida appeared first on Good Financial Cents®.
Contribution limits are again rising for the most tax-friendly account around.
Our furry friends provide us with love and affection, but they can also leave unwanted surprises like chewed-up slippers, scratched-up furniture and urine-damaged flooring.
The post Does My Renters Insurance Cover My Pet? appeared first on The Simple Dollar.
Ohio is one of the most affordable states to buy car insurance in. And even if you pay a little bit more, youâre probably still paying less than the average American does for car insurance in other states. We prepared this guide to the best car insurance in Ohio and are happy to report that […]
The post The Best Car Insurance Options in Ohio appeared first on Good Financial Cents®.
I don’t know you personally (yet), but my guess is that you own an IRA or employer-sponsored retirement account such as a 401(k) or 403(b). Such accounts are where the majority of Americans hold their longterm savings. However, like anything governed by the Congress and the IRS, there are plenty of rules, exceptions, and quirks. Here are some lesser-known facts about retirement accounts.
1. The deadline for 2011 IRA contributions is April 17, 2012.
It’s too late to make a 2011 contribution to your 401(k), but you have until the tax-filing deadline to contribute to an IRA. That’s usually April 15, but it’s been extended to April 17 this year since April 15 falls on a Sunday, and April 16 is Emancipation Day in the District of Columbia (as well as the birthday of Peter Billingsley, who played Ralphie in A Christmas Story, but I don’t think the IRS cares about that as much).
2. Contribution limits are up for 401(k)s, not for IRAs.
The most you can contribute to an IRA in 2012 is the same as the limits for 2011: $5,000, with an additional $1,000 for those age 50 or older. However, the amount you can contribute to a 401(k) has been increased to $17,000, with an extra $5,500 for the 50-and-older crowd. So if you maxed out your 401(k) in 2011 and want to contribute the max this year, you’ll need to increase your paycheck withholding.
Michigan has the dubious distinction of having the highest car insurance premiums in America. That makes finding the best car insurance in Michigan an absolute priority. After all, if youâre an average household, car insurance is one of the biggest expenses in your budget. While we havenât relied entirely on low premiums in determining the […]
The post Compare the Best Car Insurance Companies in Michigan appeared first on Good Financial Cents®.
Not so long ago, Georgia was one of the states with the cheapest car insurance in America. But in recent years that situation has changed. With an average annual premium of $1,777, Georgiaâs average car insurance premium is the 11th highest in the nation, and more than $300 higher than the national average. That makes […]
The post How to Find the Best Car Insurance Providers in Georgia appeared first on Good Financial Cents®.
Homeowners insurance may seem like an extra expense added to your mortgage each month, but youâre stuck with it since lenders make it a requirement. And with the average cost at $1,211, or about $100 a month, you may think everything in your home is covered. Unfortunately, this isnât true. There is a range of […]
The post Here’s What Homeowners Insurance Doesn’t Cover appeared first on The Simple Dollar.