Business & Finance

Articles Index

Will I Pay Tax On My Home Sale?

Will I pay tax when I sell my home? What kind of taxes do you pay on home sales?

Author Disclosures

Author disclosures for Dana Anspach, About.com's Guide to MoneyOver55.

How to Use the Rule of 72

The rule of 72 is a math rule you can use to determine how many years it will take to double your money, but is this rule useful?

The Social Security Decision Tool

They say a picture is worth a thousand words, and when it comes to retirement planning, and complex decisions like when to take social security, a video can be worth a thousand spreadsheets. Let me tell you, this video by MetLife rocks!

Finding the Right Social Security Calculator

There are two types of Social Security calculators. The first type simply provides you an estimate of your Social Security retirement benefits. The second type helps you decide when to collect your Social Security benefits so you get the most possible over your (and your spouse’s) lifetime(s).

Linda Thompson Guest Author at About.com Money Over 55

Linda Thompson is the author of numerous books including Every Generation Needs a New Revolution, How Six Generations Across Nine Decades can Find Harmony and Peaceful Coexistence.

Vickie Champion, Guest Author for About.com Money Over 55

Vickie Champion, guest author for About.com Money Over 55, is an accomplished speaker and coach, helping people change their attitudes and relationship with money.

Dick Zimmer, Guest Author for About.com Money Over 55

Dick Zimmer, guest author for About.com Money Over 55, enjoys some of his retirement time writing down the common sense financial lessons he has learned. I have coined them the 10 Financial Life Lessons You Can't Live Without.

Financial Planning vs Investment Advice vs Retirement Planning

Financial planning, investment advice and retirement planning are not the same thing. Make sure you understand the difference before you search for the service you need.

When Tax Deferred Accounts Can Hurt You

Socking away all your money into tax deductible retirement accounts may not always be the best thing to do.

Use Delayed Retirement Credits To Increase Social Security Retirement Benefits

Want to increase your social security retirement income by twenty-five percent or more? Once you reach full retirement age, your benefits do not cap out. As a matter of fact for each year after full retirement age that you delay taking benefits, you will accumulate delayed retirement credits, which result in a permanent increase in your benefits of five to eight percent a year.

Increase Your Social Security Benefits By Working 35 Years

Social security uses your highest thirty-five years of work history to calculate your social security retirement benefit. To increase your social security benefits make sure you have a full 35 years of work history. Think of this calculation like an average; if you have a zero as one of the numbers, it will pull the average down.

IRA Early Withdrawal Penalty

An IRA early withdrawal penalty is assessed on IRA withdrawals taken before you reach age 59 ½. Here's how the IRA early withdrawal penalty works.

Resources On Senior Health Insurance

Want to explore your senior health insurance options? Start with healthcare.gov. This site is a fabulous resource!

Why Do Bond Prices Go Down When Interest Rates Rise?

You may have heard that bond prices rise when interest rates fall, and bond prices fall when interest rates rise. Why is this? A dollars and cents example offers the best explanation of the relationship between bond prices and interest rates.

Find The Best Local Savings Rates on CD’s and Money Markets

How can you quickly find the best local savings rates? This link allows you search for the best savings rates on CDs and money market accounts by city and state.

Filing An Extension – Filing A Tax Extension Is Ok, Really

Filing a tax extension is not a big deal, not at all. It doesn’t raise red flags at the IRS. It doesn’t put you in the automatic “to be audited” file. So why the heroic efforts to avoid filing a tax extension at all costs? I'm not sure, but here's what I do know about tax extensions.

What Happens If Your Insurance Company Files Bankruptcy?

As a policy owner it is natural to be concerned about what would happen to your benefits should your insurance company go bankrupt. It may not be as bad as you think.

How A State Insurance Guaranty Association Protects You As A Policyholder

In the event an insurance company gets itself into financial trouble and cannot be rehabilitated, the state insurance guaranty association will take over. Here is what you need to know about how a state insurance guaranty association protects you in the event of an insurance company bankruptcy: