Archive for July, 2009

Jul-30th-2009

Early Distributions From Retirement Plans

An early distribution from an Individual Retirement Arrangement (IRA) or a qualified retirement plan need not be a “taxing” experience. Fortunately, there are exceptions to early distributions.
Any payment that you receive from your IRA or qualified retirement plan before you reach age 59½ is normally called an “early” or “premature” distribution. As such, these funds [...]

Jul-25th-2009

Beyond the Brink

Penny stocks represent an excellent investment vehicle for producing gains, while the risks are equally as high. When you finally decide to get involved in penny stocks, to go ‘Beyond the Brink,’ there are some things you need to know.
In fact, whether you have been burned by penny stocks in the past, or have never [...]

Jul-20th-2009

1031 Exchange

Section 1031 in the Internal Revenue Service is a boon for a prospective investor, selling an investment property and wanting to make a profit by reinvesting in a similar property elsewhere in the country. This wonderful concept works on the principle of gain rolling from the old to the new.
There is widespread ignorance on the [...]

Jul-15th-2009

Accountant

An accountant is a person who manages financial issues, including the preparation of financial plans and budgets, as well as the management of accounts and staff welfare.
In most countries, officially licensed accountants are recognized by titles. In the UK, they are termed as “chartered accountants.” In the U.S., accountants are commonly known as “certified public [...]

Jul-10th-2009

Mutual Fund Expenses

An informed investor knows where his money is going. For an investor in mutual funds, it is essential to understand the expenses of mutual funds. These expenses directly influence the returns and cannot be neglected.
The expenses of mutual funds are met from the capital invested in them. The ratio of the expenses associated with the [...]

Jul-5th-2009

An Introduction to a Home Repair Grant

What is a Home Repair Grant?
Home repair grants are a way for people to pay for home repairs that may otherwise remain unfixed. Home repair grants can bring electric wiring up to code, repair or replace septic systems, and add energy saving features such as insulation and storm windows.
Home repair grants are available from a [...]

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