Protect Your Finances

What is a Pension Plan?

Louis DeNicola
The term pension plan might summon visions of your grandparents enjoying their retirement, but it also might be on the list of benefits when you start a job. They aren't as common as they used to be, but it's still worth knowing how... Continue

What is a Health Savings Account (HSA)?

Bana Jobe
A health savings account (HSA) helps people with high deductible health plans (HDHPs) pay for preventive care and medical expenses while getting special tax savings on those funds. Despite the many benefits of this type of... Continue

What Is a 1099?

Deb Hipp
In today's gig economy, more people are adding to or creating their own income streams by working as a contractor, freelancer or in another role where they're not considered an employee.... Continue

How Much to Save for Retirement

Louis DeNicola
Building your retirement savings is an important part of preparing for your future. And many people include saving for retirement as one of their top financial priorities. However, it can be challenging to know how much to save for... Continue

What is a Traditional IRA?

Louis DeNicola
A traditional individual retirement arrangement — often referred to as an individual retirement account or IRA — is a type of tax-advantaged account. Unlike an employer-sponsored retirement account, such as a 401(k), you open and... Continue

What Is A Trust?

Louis DeNicola
While a trust fund might conjure an image of a vault filled with gold, you don't need to be a millionaire to create a one. A trust is a legal contract that allows a third party to hold and manage assets for... Continue

Roth IRA Contribution Limits

Deb Hipp
When you set your financial priorities, you'll need to know the Roth IRA contribution limits that apply to your modified gross adjusted income (MAGI), tax filing status, and... Continue