How Do I Take an RMD From an Illiquid Asset?
with No Comments

The tax penalty for failing to take an RMD is steep at 50% of the amount you fail to take, so it is essential that you make the effort to take your RMD, even when having illiquid investments creates extra hassle.

Q&A: Can I pay for my student’s computer repair using 529 funds?
with No Comments

In 2015, Congress passed the PATCH Act that included a provision which allowed computer purchases to be a qualified education expense for 529 plans. But what of computer repairs?

What Expenses Can My 529 Account Reimburse in 2017?
with No Comments

While this may seem complex, don’t let it deter you from using a 529 account to the fullest extent possible.

Three Strategies to Avoid Private Mortgage Insurance
with No Comments

Avoiding PMI, if possible, is better for your long-term finances. Here are three strategies to avoid PMI.

What is Private Mortgage Insurance?
with No Comments

PMI does not provide you, the borrower, any protection.

Subscribe to our newsletter!