Legal & Financial

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How Does A Reverse Mortgage Work?

A reverse mortgage is a loan for senior homeowners that uses the home’s equity as collateral.

The best free personal finance software programs online

There are numerous efficient online personal finance software options to track, plan and monitor your income and spending.

The pros and cons of the lump sum pension

A lump sum pension choice gives you more flexibility, but also comes with more risk than receiving monthly retirement checks for life.

Retirees want to find states that do not tax Social Security benefits

Many retirees consider moving to a different state when they retire so their Social Security income is not included in state income taxation. Understanding which states tax this income can be important to older adults.

The pros and cons of index investing

Index fund investing is one of the safest forms of investment you can make. Like any investment strategy, there are pros and cons to be considered.

Important 5 questions for older job applicants to ask a employer

Older workers need not fear salary negotiations because they have valuable experience and qualifications to sell to a potential employer. Start planning in advance with 5 questions to ask.

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2013 Federal Estate Tax Changes Made Permanent

As you probably know, Congress avoided the so-called fiscal cliff by passing the American Taxpayer Relief Act of 2012. Now ...

It seems the estate tax will return with a vengeance in 2013

If Congress doesn't act soon, January 2013 will see the estate tax – the death tax – come roaring back to live with huge impact on those with estates valued at just $1 million.

Don’t panic if you accidentally overpay a bill online

If you overpay a bill online, correct it if you can; otherwise take action to avoid penalties and bounced checks that can affect your credit record.

The pros and cons of alternative financial services for seniors

Seniors will find pros and cons about using alternative financial services companies. It pays to investigate first and invest later; seniors should be very careful about using AFS.

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10 Things NOT to Buy...

Even though many product categories will see new all-time low prices, not everything will be a good purchase on Black Friday.

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Top 5 Myths and Realities of a Reverse Mortgage

Did you know that you won’t lose your home in a reverse mortgage? In fact, you have to live in your home to be eligible. There are many misconceptions regarding reverse mortgages.

Consider retirement options to find the best pension plan

As a mature worker, consider pension options that offer some growth, along with safety, security and tax deferral of your plan.

5 tips on how to run a successful home business

Knowing how to run a home business and getting a few pointers can really make a difference in the success of your company.

What is Medigap and how can it help me?

Seniors should know more than “how do I sign up for social security.” They need to understand the importance of Medigap insurance to cover extra medical costs.

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