You need insurance but you don’t want to spend too much money. What you want to know is: What’s the bare minimum insurance you can get by with, and what’s the downside if that’s all you buy?
There’s only a few days left to sign up for coverage through the Illinois Health Insurance Marketplace, Get Covered Illinois today urged Illinois’ uninsured residents to take action now to enroll in a health plan under the Affordable Care Act. The Get Covered Illinois Help Desk (866-311-1119) will be offering extended hours from 7:00 am to 10:00 pm from March 24-28, and from 7:00 am until midnight from March 29-31. Those who don’t have insurance coverage risk being fined either 1% of income or $95, whichever is greater, when you file your 2014 federal taxes.
If you are looking for a tax deduction, giving to charity can be a ‘win-win’ situation. It’s good for them and good for you. The IRS offers eight things you should know about deducting your gifts to charity.
If you have a reverse mortgage, let your heirs know. Soon after you die, your lender must be repaid. Heirs will need to quickly settle on a course of action. They can keep the property, sell the property or turn the keys over to the lender.
As your children begin to earn money on their own, it has raised their standard of living, taught them valuable skills and increased their confidence. But it also has raised a crucial question back home: How do you divide what you pay for and what they pay for?
These 11 things you need to know about mutual funds and taxes are aimed at investors with mutual funds and ETFs in their taxable accounts. None of it applies to tax-sheltered accounts like IRAs.
As April 15 approaches you have two choices, file a return or get an extension. This advice holds true even if you don’t owe any taxes or can’t afford to pay.
Barron’s rates the online brokers in their annual review of the market.
There is a serious danger that investors are deluding themselves and that returns from investments may prove far more disappointing than the common wisdom or investment advisers lead you to believe.