Are Insurance Premiums Tax Deductible? When you file your taxes, maximizing your deductions can reduce the amount you owe or even increase the size of your refund. But many taxpayers overlook important deductions, often because they’re unaware of them. So, are insurance premiums tax deductible? The answer depends on the type of insurance and a… Continue reading Are Insurance Premiums Tax Deductible?
Read MoreWhat Bank Employee Layoffs Signal About Our Economy When major industry layoffs occur, they generally signal important information about the state of our economy. Banks are making major staffing changes, resulting in the layoffs of thousands of employees already this year. More layoffs are on the way. With big banks quietly cutting more than 20,000… Continue reading How Economic Trends Impact Bank Employee Layoffs
Read MoreWhat Soaring Mortgage Interest Rates Mean for Homebuyers While the pandemic sent home prices soaring, the real estate market was finally starting to cool off last year, with home prices declining. Those falling prices were due in part to climbing interest rates. As interest rates increase, buyers start to put off home purchases, and the… Continue reading Soaring Mortgage Rates For Homebuyers
Read MoreDoes Your Health Insurance Cover Therapy? You shouldn’t have to read the fine print to determine if your health insurance covers therapy. According to the Center for Disease Control (CDC), 1 in 5 American adults live with mental health concerns. With numbers like that, you’d expect all health insurance plans to offer therapy. Unfortunately, this… Continue reading How to Know If Your Insurance Covers Therapy
Read MorePlanning for Retirement: Does Social Security Keep Pace with Inflation? The increased inflation during the pandemic has led to price hikes affecting everything from utilities to food to rental costs. Rising inflation results in higher costs of goods and services, which means the cost of living has increased. But what does this mean for Social… Continue reading Does Social Security Keep Pace with Inflation?
Read MoreMistakes to Avoid When Opening a 401(k) A 401(k) can be an excellent way to help you prepare for retirement, but like any investment, it’s important to avoid some common pitfalls. Whether you already have a 401(k) or are preparing to make your first investment, taking a moment to review these potential problems could save… Continue reading What Are The Mistakes to Avoid When Opening a 401(k)
Read MoreIs Credit Life Insurance Right for You? Find Out Here These days, there’s so many forms of life insurance on the market that it’s easy to get overwhelmed. And even more so with a product like credit life insurance that doesn’t function the same way as typical life insurance. Credit life insurance essentially benefits the… Continue reading Credit Life Insurance
Read More