Refinance your home, renovate and get a tax deduction
For homeowners wanting to refinance, the IRS usually requires that mortgage points, or prepaid interest, be amortized over the lifetime of the loan….
Category: Money & Personal Finance
More banks are pushing home equity lines of credit
Banks are anticipating a boom time for home equity loans. With home values rising, consumers have more borrowing power. And lenders want to create home…
Be sure your retirement advisor is a ‘fiduciary’
New rules imposed by the Department of Labor require anyone being paid to provide advice on retirement accounts must do the right thing for his or her…
The Thrift Savings Plan is a 401(k)-type program for military people
A new program will help service men and women save money with a government match, much like a 401(k) program. The fiscal 2016 defense spending bill,…
People want to know what’s in the food, where it comes from
Hershey Co.’s “smart labels” put more nutrition information on packages and will soon tell where ingredients come from. Kellogg Co. and General Mills now…
Some storage companies pick up your $5 box, then deliver it when you want it back
A new segment of the storage industry is challenging the you-haul-it model of storing your stash. A startup called RedBin will pickup and store boxes for…
Tax-free savings plans for people with disabilities
States across the nation are beginning to offer an investment account for people with disabilities. It’s similar to the 529 college savings plans. The…
Keep up with your credit report
It’s important to check your credit reports on a regular basis to ensure that there aren’t any errors and to help protect yourself against fraud and ID…
Moneywise: Some insurers ending life insurance policies
Some insurers are terminating life insurance policies Very low interest rates are causing some life insurers to cancel policies, according to insurance…
SUV sales set to pass family sedan
SUV sales are set to passthose of the family sedan Small sport-utility vehicles are becoming family favorites. Families say the ride is great, it gets…