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Personal Finance : Business & Finance

Nondeductible Contributions to Traditional IRA

A traditional IRA allows you to save money for retirement, with income taxes deferred until you make withdrawals. However, some people cannot claim tax deductions for contributions made to the account, and others choose not to.

How Much Money Will I Get for Writing?

Freelance writers have the freedom to write about topics of interest to them and set their own hours rather than working at a job that doesn't interest them or have anything to do with their passion. However, it takes time to begin earning a living as a freelance writer. Whether you write for print

Vermont Fuel Assistance Income Guidelines

To help low-income families cope with the frigid winters in some of the northernmost reaches of the country, Vermont offers its Fuel Assistance program. Also known as Home Heating Assistance, the program can help eligible families whether they rent or own a home, and whether or not their heating bil

Financial Survival Strategy

As with many things in life, your personal finances will likely need to weather a variety of challenges. Layoffs, economic downturns and unexpected expenses can take their toll on your finances, so knowing what to do to ensure your financial survival is paramount. Your financial survival strategy sh

Sound Mortgage Planning

One of the largest financial decisions that many individuals will ever have to make will involve taking out a home loan. When an individual buys a home, he is generally be unable to pay for the property in cash. Rather, he must take out a loan on the home, one that may run into the millions of dolla

20 Frequently Used Financial Abbreviations

Are you confused by the sea of financial abbreviations out there? Here's a list of twenty commonly used abbreviations that you'll run into often.

Explain the Costs & Risks Associated With Contract Work

A contractor takes responsibility for many of the costs of performing a job. Contract work also involves greater risk because it is easier for an employer to not renew a contract than it is for an employer to lay off an employee. Contractors usually charge a higher rate than an employee receives as

Minority Grants for Women at Harvard University

Minority grants for women at Harvard University are available through the university and from foundations that sponsor scholarships for minority students and women to attend college. Because government-sponsored grants for Harvard students are scarce, most students apply to private orga

How Much Do Radiologists Get Paid?

A radiologist is a medical practitioner who uses radioactive substances to determine and treat benign and malignant afflictions. He may use X-rays to diagnose internal diseases and use natural or man-made radio-isotopes to treat a condition, alongside X-ray radiation. His income reflects the skill r

What Are the Benefits of Increasing the Social Security Base Wage?

Any American citizen who works must pay Social Security tax. These taxes help to build funds for retirement and other Social Security programs, such as the Social Security Disability program. The Social Security Administration runs these programs and pays benefits to you and other citizens when they

How Much Tax Do They Take Out for Hardship Withdrawal?

Although a 401K plan is primarily designed to provide company employees with a means of saving for retirement on a pre-tax basis, it also provides a means of paying for unforeseen expenses in the event of an emergency. The IRS permits hardship withdrawals in limited circumstances, which can give you

Explanation of the Credit Score

A credit score is a calculation of how likely a person is to pay bills. Higher credit scores enhance a person's chance of credit approval.

How to Turn a 401k Into an Annuity

Many companies allow employees to participate in 401k plans. When employees leave a company, they must decide what to do with funds invested in their 401k plans. Some companies require former employees to withdraw funds as cash or roll it into another account. The Internal Revenue Service enables p

What You Need to Know About Personal Loans

A personal loan is a loan that an individual receives from a bank or credit union for their personal use. Other loans are arranged to pay off something such as a boat or house. Personal ...

Can I Have a Traditional IRA If My Employer Has a 403b?

Many investors look to tax-deferred retirement programs to help provide adequate income sources when they retire. Contributing to more than one type of tax-deferred account allows investors to defer more money, saving on current taxes. Most people can invest in both a 403b Tax-Sheltered Annuity and

How to Determine Shipping Rates

When figuring shipping rates, weight, size and destination determine how much you pay to send your package. If you ship items on a regular basis, investing in a weight scale might save you money. If you do not own a scale, the best course of action is to take the package to the post office and have

The Role of Credit Rating Agencies in Structured Finance

Credit Rating Agencies (CRAs) are responsible for determining the risk in the purchase of a financial instrument. These agencies are necessary because many structured financial products are very complicated. An investor such as a pension fund may not have staff with the specific training necessary t

Education Needed to Become an Elementary Teacher

Elementary teachers play a vital role in shaping young minds. The student aspiring to teach has to make a careful plan that takes into account the program she will enter, the requirements to be certified and the expenses that will come up. This helps you to get the most out of the program and meet t