If you have ever left a full-time job before, you probably got the spiel from HR (or at least a letter) informing you of your right to continue your health insurance coverage under COBRA laws.
Health insurance is so important, but it’s not on a lot of young people’s radar screens unless you start a family or get sick. If your parents, university, or full-time employer provides health insurance, fortunately you don’t have to spend much time thinking about it. But what if you’re self employed or work only part-time? […]
As if our federal tax code isn’t complicated enough, the Internal Revenue Service goes and changes it every year. And 2008 was no different. The IRS adjusted tax brackets, exemptions, and standard deductions for inflation and added new credits. Here’s a quick rundown of some of the 2008 tax changes most likely to impact twenty-somethings.
Did the stock market rattle your nerves in 2008? Although I’m a firm believer that last year’s record declines in stock prices means 2009 is a great time to beef up your stock investments and buy, buy, buy—I understand that some folks are looking for some alternative investments to round out their strategies. And diversification […]
I just learned about the retirement saver’s tax credit. If you qualify, this tax credit is definitely worthwhile. In a nutshell, if you fall under the income caps and contribute up to $2,000 to any retirement plan (401[k], traditional IRA, or even a Roth IRA), you may be able to take a tax credit of […]
Are you out of work, short on cash, and wondering how the heck you are going to feed yourself or your family in the weeks ahead? Don’t panic. Here’s how to develop a sound strategy for managing money while unemployed so you can stop worrying and start looking for work.
Layoffs are everywhere these days. My employer axed 20 more of my coworkers on Friday, and every week I hear about friends losing jobs at various companies nationwide. Layoffs suck, but given the recession we’re in, they aren’t a surprise. And although you can take steps to reduce the chance you will be laid off, […]
Here’s an interesting tidbit about auto insurance many people don’t know: bodily injury liability coverage is the most important type of car insurance to have and, often, the least expensive. How much liability coverage is enough, and how can you tell?