Traditional IRA Vs. Roth IRA

Posted: October 28, 2020

“IRA” is an abbreviation for “Individual Retirement Account.” A traditional IRA and a Roth IRA are two different retirement options, each with its own pros and cons. Depending on your circumstances, either may be a good choice for growing your retirement dollars. What Is a Traditional IRA? A traditional IRA is a retirement account for pre-tax contributions. The funds in the account can be used...

7 Things To Consider When Buying A Pickup Truck

Posted: October 20, 2020

What do America’s top three best-selling vehicles have in common? They’re all pickup trucks. It’s no secret that the U.S. has long been a truck-loving nation. But as automakers refine the ride and handling of pickups, more drivers are starting to see them as the jack-of-all-trades. After all, no other vehicle can boast the space and comfort of an SUV with the unmatched towing and...

Medicare Supplement Insurance: Is Plan F Going Away?

Posted: October 15, 2020

Starting Jan. 1, 2020, Medigap plans sold to people new to Medicare won’t be allowed to cover the Part B deductible. Because of this, Plans C and F will no longer be available to people who are new to Medicare on or after Jan. 1, 2020. However, if you already have one of these two plans (or the high deductible version of Plan F), you’ll...

Can I Have More Than One 401(k)?

Posted: October 13, 2020

It is possible to enroll in more than one 401(k) at a time. In fact, it is not uncommon to accumulate several over a lifetime. This can occur in various situations. Scenarios that Can Lead to More than One 401(k) You may have a 401(k) account from a previous employer and enroll in a second 401(k) plan when you start a new position. This process...

Driving On Empty: Is It Really That Bad?