Month: July 2015

Plan for your required minimum distributions

Are you ready to begin taking required minimum distributions from your traditional IRA this year? Here are three facts to plan for. Required withdrawals. The rule is this: To avoid a penalty, you’re required to take a minimum amount from…

What’s behind credit scores?

When credit cards gained popularity in the 1960s, card issuers and other lenders tried to develop a surefire methodology for assessing risk. They wanted to determine whether a potential borrower was likely to pay his or her monthly bill on…

The premium tax credit remains available for 2015

Keep your tax credits and carry on. That was the outcome of the Supreme Court decision in June regarding the health insurance premium tax credit. This federal income tax credit was created by the health insurance laws passed in 2010.…