Debt issued by a government—whether it’s local, state or federal—is generally a safe investment. Most government debt is backed by a “full faith and credit” pledge, which is a commitment to pay back the debt no matter what. It is widely accepted that the United States government will never default on its debt obligations, making its bonds virtually risk-free. U.S. Government … [Read more...] about U.S. Government Bonds vs. Municipal Bonds: What’s The Difference?
Owning a home or apartments that you rent out can be a great way to earn some extra money. Many landlords have been able to supplement or even replace their income with the money they make off of their rental properties. However, there are also countless people who have ended up losing money from rental properties because they weren’t prepared to handle the financial … [Read more...] about Tips For Gaining Income From Rental Properties
It’s never too early—or too late—to start saving for your child’s college fund. Whether college is three or ten years off, there are many options available that can help you save for college expenses, while also offering you tax benefits. 529 Plans A 529 savings plan is a tax-advantaged investment plan designed to encourage saving for future education costs. Named after … [Read more...] about 529 Plans & Investment Tips For Your Child’s College Fund
The best way to invest your money may be right under your nose. If you work for a publicly traded company, you should check if they offer an ESPP, or employee stock purchase plan. These plans offer employees a great opportunity to buy stocks at a major discount. How It Works An ESPP is a company-run program that allows employees to purchase company shares at a discounted … [Read more...] about Employee Stock Purchase Plan (ESPP) Basics: Things Everyone Should Know
Social Security is a federal program primarily funded through payroll taxes. For most people, it’s the most important part of their retirement income. According to the AARP, Social Security provides benefits to more than 55 million Americans. Despite how widespread the program is, many people have questions about how Social Security works. Read on to learn the answers to some … [Read more...] about Things You Should Know About Social Security Benefits