Month: February 2014

Were your 2013 Roth IRA distributions taxable?

Did you take a distribution from a Roth IRA during 2013? If so, you may not have been thinking about income tax consequences, as one often-touted benefit of Roth IRAs is tax-free distributions. However, like most tax rules, there are…

Estimate start-up costs for your new business

Building a business from scratch involves hard work, long hours, and, statistically speaking, a high probability of failure. Yet as researchers Stanley and Danko noted in their landmark book,┬áThe Millionaire Next Door, “self-employed people make up less than 20% of…

Tips for cutting medical bills

With the burgeoning cost of pharmaceuticals, doctor visits, and hospital stays, staying healthy has become an increasingly expensive proposition. In addition, health insurers are passing along more and more of their costs in the form of higher deductibles, increased premiums,…