Limits for retirement contributions impacts Roth, traditional IRAs

A little inflation means a little adjustment. 

As the Consumer Price Index is up 1.7 percent over the last 12 months, the federal government is giving Social Security benefits a 1.7 percent boost for 2015 and lifting annual contribution limits on key pension plans as well. 


• Annual contribution limits increase by $500 for 401(k), 403(b), 457 and TSP: You will be... Read More

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Hiding income from lender not a good idea

When you apply for a home loan, there are specific income documentation requirements, all lenders will require to fund a mortgage. 

This includes: two most recent years income tax returns with accompanying years W-2s;... Read More