The basic rules on 401(k) loans according to the IRS* are as follows: You can borrow up to 50% of the vested balance in your plan. The maximum dollar amou...

Personal Debt Collection Success – 6 Steps to Collecting Money… Understand the Dynamics. The person who owes you money has broken his/her word. Remind The...

Most financial planning studies suggest that the ideal contribution percentage to save for retirement is between 15% and 20% of gross income. These contri...

Unsubordinated debt, also known as a senior security or senior debt, refers to a type of obligation that must be repaid before any other form of debt. How...

At the end of the day, something as simple as “I’m so sorry for your loss” or “I’m so sad for you and your family, please accept my deepest condolences” i...

The loan officer will also look very closely at your income and asset documentation, to make sure you have enough cash flow to make monthly mortgage payme...

Who is Eligible for SSI? Are at least age 65 or blind or disabled. Have limited income (wages, pensions, etc.). Have limited resources (the things you own...

Guidelines for Running a Business with Your Spouse Set boundaries. Determine who is in charge of what. Commit to the business. Periodically check in with ...

If you’re starting a full time job and your employer hands you a W-9 instead of a W-4, that could mean they’ve hired you as an independent contractor rath...

A purchase agreement should describe the basic elements of the transaction, including: Purchase price: The amount that the buyer will be paying the seller...