Hi everyone,
I talked a little bit about term life insurance a couple of weeks ago and how important it is to have it if you have dependents. Let me talk about permanent life insurance today.
Permanent life insurance is a tax deferred investment vehicle that also has life insurance attached. For many young people who need [...]

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Hi everyone,
Some of you might know already. Beginning 2010, everybody, regardless of income, can convert a traditional IRA to a ROTH IRA. So what you can do right now, is to make a non-deductible traditional IRA contribution up to your limit of $4000 ($5000 if you are over 50). Everybody can make [...]

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Hi everyone,
Rebecca wrote me and was wondering what savings vehicle she should use to get a tax advantage to pay for the private high school her son is attending?
Unfortunately there is nothing like the 529 plan for private K-12 school education. You can contribute to an Coverdell Education Savings Account, but the limit is [...]

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