It’s difficult to think about not being able to care for yourself. Considering long term care insurance can be uncomfortable, and for some it may be unnecessary, but whether you buy a policy or decide to do without, long term care is a significant piece of your financial picture.
If you don’t have an estate plan, you should – for the protection of your family in case you become incapacitated or pass away. Estate and gift tax laws will likely change soon, making it even more important to prepare an estate plan or re-examine your existing estate documents.
Do you have the best policy for your unique situation? Are you sure you’re adequately covered? How do you know? Don’t put off an annual insurance review; it’s an important annual check up.
As of 2010, most individuals are eligible to convert their traditional retirement accounts to Roth IRAs. But, just as the newness of a product doesn’t automatically make it useful to you, eligibility is not an adequate reason to convert to Roth. Is roth conversion right for you?
Much of financial aid is offered first come, first serve. Deadlines vary, so it’s best to file your FAFSA as soon as possible after January 1st. With a reported $170 billion in financial aid available, applying for financial aid correctly and on time is worthwhile.
We all want to save more money. In light of all the timely talk about new year’s resolutions, here a few ways to pursue the common goal to spend less.