Exceptions to the IRA 10% Early Withdrawal Penalty

Exceptions to the IRA 10% Early Withdrawal Penalty

Taking money out of a traditional IRA before age 59 ½ usually means a tax and an early withdrawal penalty. However, there are exceptions to those taxes. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) introduced a penalty-free withdrawal option for...
Eating out can eat a hole in your pocket

Eating out can eat a hole in your pocket

It is too easy to eat out! There are so many options, and it tastes so good. It can also be very expensive, so breaking fast food and restaurant habits are some of the easiest ways to cut your overall spending. According to the Bureau of Labor Statistics, households...