Gold and commodities were down in September mainly due to a strengthening U.S. dollar. (Typically, when the dollar goes up in value, hard assets become cheaper because as it takes fewer dollars to buy them; the opposite typically occurs when the dollar... view full article >>
Here's the dilemma. You have a traditional 401(k) that contains both after-tax and pre-tax dollars. You'd like to receive a distribution from the plan, convert only the after-tax dollars to a Roth IRA, and roll the pre-tax dollars into a... view full article >>
Possible Relief for Consumers with Low Credit Scores
Changes to a widely used credit score may make it more likely for consumers struggling with low scores to obtain loans. Fair Isaac Corporation's newest FICO® credit scoring model will change... view full article >>
For those who have been asking about the Foreign Account Tax Compliance Act (FACTA), or for those wanting to know...here is an update on the law and some of the requirements.
Foreign Account Tax Compliance Act (FATCA): The Basics
The Fo... view full article >>
Against a backdrop of growing alarm over student loan debt and its potential impact on the economy, President Obama recently took executive action to expand the federal Pay As You Earn (PAYE) repayment program for federal student loans.
Current... view full article >>
The IRS has put the kibosh on any potential attempts by large employers to skirt the requirements of the Affordable Care Act (ACA) by paying employees before-tax subsidies to buy individual health insurance through private (commercial) carriers or thro... view full article >>