Archive for March, 2010

Spring Cleaning for Your Financial House

Posted by Madison on March 18, 2010

Our snow finally melted and we got our first glimpse of spring this week. It always feels good to open the windows and doors and get some fresh air in the house and do some spring cleaning. It’s also a good time to do some spring cleaning in your financial house. Here’s a few financial […]

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Should You Do a Roth Conversion?

Posted by Jill on March 17, 2010

This is the final article is a series on Roth IRA conversions. We’ve been talking about Roth IRA conversions all week. To recap, the 2010 Roth conversion rules mark the first year that there is no income limit for Roth IRA conversion eligibility. Because of that, many people have access to a Roth IRA for […]

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Roth Conversion Rules

Posted by Jill on March 16, 2010

Today we’re covering the Roth conversion rules in the second of a series on Roth IRA conversions. As mentioned yesterday in How to Make a Roth IRA Conversion, some special rules went into effect on January 1 that make 2010 Roth IRA conversions more attractive than ever. Roth Conversion Rules If you haven’t yet, you […]

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How to Make a Roth IRA Conversion

Posted by Jill on March 15, 2010

This is the first article in a series on Roth IRA conversions this week. As you probably know, there are no longer income limits for future retirees hoping to convert traditional IRAs to Roth IRAs. Previously, only those with income under $100,000 could take advantage of the superior tax treatment of a Roth. Today, the Roth IRA […]

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SunTrust $150 Bonus

Posted by Kate on March 12, 2010

This week’s Free Money Friday is a really great one! SunTrust is offering a $150 bonus for becoming an online banking customer with them! How to Get Your $150 Bonus Open a new SunTrust personal checking account between February 1, 2010 and April 30, 2010. You’ll receive $50 when you enroll the account in the […]

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Would You Walk Away from Your Home?

Posted by Madison on March 11, 2010

When Jill wrote about how to fix your credit after a foreclosure, a reader, Marke, left the following comment: I am right now considering whether I should walk right now. Since millions of homeowners are in a situation where their house is worth less than they owe on their mortgage, I’m guessing that Marke isn’t […]

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2009 TurboTax Review

Posted by Amanda on March 10, 2010

What an incredibly complex tax year for our household. Before 2009, we lived in an apartment, worked two jobs, and could only deduct student loan interest. But in 2009, we purchased a home, earned freelance income, and donated to charity. We were eligible to take the home office tax deduction and self employed tax deductions. […]

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How to Save Money on a Wedding, From a Future Bride

Posted by Amanda on March 9, 2010

Planning a wedding is one of the most fun, and financially stressful events of my life! I feel that I am constantly balancing traditions, ‘must-haves’, wants, and our budget. I find that if I remember what the day is actually about—love, the union of two people, choosing to spend the rest of my life with […]

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Would You Join a Barter Exchange?

Posted by Madison on March 4, 2010

I had lunch with a friend this week, and she told me about a barter exchange that her husband joined. The concept is pretty simple: you provide a service and earn barter credits, then you spend barter credits to purchase services from other businesses. And in a down economy, barter is appealing. My biggest fear […]

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How to File an Amended Tax Return

Posted by Madison on March 2, 2010

I just finished an amended tax return for a client this week. She originally efiled her tax return for free with H&R Block. However, a few weeks later she received some 1099s reporting interest she had forgotten about. In addition, she didn’t know that she was eligible to claim the American Opportunity education tax credit […]

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