The deadline for Affordable Care Act open enrollment is coming on March 31. By that day nearly everyone in the United States is required to be signed up for health insurance or risk paying a fine. Here’s what you need to know.
If you don’t have health insurance you may be eligible for a subsidy or premium assistance tax credit to help pay for health insurance. Your eligibility and the amount of your subsidy is generally determined by your household income and family size. The lower your income, the larger your tax credit.
Think your cable bill is too high? There may be a way to get it lowered. MarketWatch has some hints on negotiating with your cable company.
Don’t have all your records? Personal problems making filing too difficult? Need an extension? Her’s the inside dope on how to file for a tax extension.
Using online tools and apps, you can digitize your tax preparation this year and regulate your spending for the year ahead. Check out these digital tools and apps highlighted by PC Magazine to help you with the tax-prep process.
Variable annuities appeal to investors approaching retirement with a promise of guaranteed regular payouts that could reset higher if the policy’s investments do well. But insurers that sold products with high guarantees are now trying to buy back their contracts. Wall Street Journal looks into when should you consider getting out of an annuity with a guarantee.
You may think you are too young to start worrying about retiring, but a Roth IRA has two main advantages for Millennials. You get no tax deduction for your contribution, but withdrawals after age 59 are tax free. You can also withdraw your original contributions from a Roth IRA early without taxes, penalties, or jumping through hoops.
For for couples, the consequences of bad money management can be costly and significant. That’s why it’s important to jointly develop and frequently reassess a family financial plan throughout your relationship.
The number of taxpayers electronically filing their returns has increased. E-filing comes in two waves: early filers, who like the speed e-filing offers in getting the refund process going, and taxpayers who wait until he last minute. If you’ve decided it’s finally time to take that big technological tax step here’s some info on your options.
The Internal Revenue Service offers IRS2Go 4.0, an update to its smartphone application featuring new added features. Taxpayers can check the status of their federal tax refund, request their tax account or tax return transcripts, find free tax preparation services, and more using IRS2Go. iPhone and iPod Touch users can update or download the free IRS2Go application by visiting the iTunes App Store. Android users can visit Google Play to download the free IRS2Go app.