Pandemic Relief What Remains And What S Gone

Amid the pandemic’s economic downturn, the federal government created a slew of new programs from scratch, sending out stimulus payments, beefing up unemployment benefits, pausing payments on student loans, and helping out renters and homeowners who couldn’t make their payments on time, among many other programs. With the job market having made steps toward recovery since then, some of that safety net is being withdrawn—but some of it is set to last longer, and some parts of it might even be made permanent....

January 1, 2023 · 6 min · 1228 words · Randall Lacey

Paying The Nanny Tax How It Works

FICA Taxes FICA taxes are Social Security and Medicare taxes. They’re deducted from the pay of employees and they’re also paid by employers—each pays one half. They apply to domestic employees if you pay the worker more than $2,100 annually as of 2019. This limit can change each year. The FICA tax is a total of 15.3%—12.4% for Social Security and an additional 2.9% for Medicare. This works out to 7....

January 1, 2023 · 6 min · 1154 words · Maurice Breslin

Pension Funds Definition Types Top 10

Types There are two types of pension funds. The first, the defined benefit pension fund, is what most people think of when they say “pensions.” The retiree receives the same guaranteed amount. The second, the defined contribution plan, is the familiar 401(k) plan. The payout depends on how well the fund does. Defined Benefit Fund A defined benefit fund pays a fixed income to the beneficiary, regardless of how well the fund does....

January 1, 2023 · 3 min · 534 words · Lawrence Broom

Property Damage Claim Filing Procedure

If You Caused the Damage Accidents happen. Owning up to your mistake isn’t always easy, but it will make filing a claim easier for all involved. It’s up to you to take steps to let the property owner know if you damaged someone’s auto. Leaving a note on the windshield for the owner to find could turn a frustrating problem into a bearable one if no one is around. How would you feel if the tables were turned, and you found damage to your car with no one taking responsibility?...

January 1, 2023 · 4 min · 702 words · James Blunt

Questions To Ask About Employee Benefit Packages

Employment benefits can comprise 30% or more of your total compensation, so it’s important to know what will be included in your coverage. Here’s how to get the benefits information you need. Investigate Benefits Coverage It is much better to be fully informed before you accept a position than it is to have an unpleasant surprise later on. For example, if you’re not married and want to cover your partner, will your health insurance plan insure them?...

January 1, 2023 · 4 min · 648 words · Caitlin Swartout

Reasons Not To Quit Your Job Right Away

Waiting also gives you the opportunity to think it through to be sure that the decision you’re making to resign is the right one. Before you say “I quit,” review these reasons why you may not want to resign right away. Also, determine if there’s any way you could change things up and learn to love your job. Reasons Not to Resign Right Away You’re Angry You’ve had a terrible day at work, you’re mad at the boss, and nothing is going right....

January 1, 2023 · 5 min · 916 words · Ed Hernandez

Remember Rising Interest Rates They Re Coming Back

But what about what we’ve gotten used to as consumers and borrowers? Since the 2008 financial crisis, the first time the Fed ever cut its rate to nearly zero, the rate was only higher between December 2015 and March 2020–a period of just over four years. Then the COVID-19 pandemic hit and shut down large parts of the economy, pushing central bank officials to step in and lower it again to offer some relief....

January 1, 2023 · 1 min · 173 words · Gregory Blackman

Resignation Letter Due To Company Changes Example

In your letter, do not focus on how the company environment became bad for you. Instead, stick to the positive, such as how your need to change companies will be good for your career. Here’s information on what to include in a resignation, writing tips, and examples to use as a starting point for your own resignation letter or email. What to Write in a Resignation Letter When you formally resign with a written letter, there is some information you should always include:...

January 1, 2023 · 4 min · 678 words · June Skinner

Restrictive Covenant What Is It

Learn more about how restrictive covenants work for businesses and some examples of common types you’re likely to see. What Is a Restrictive Covenant? A restrictive covenant could be any form of contract or agreement that restricts the things that at least one of the parties can do. The two most common situations in which restrictive covenant apply are real estate contracts and employment contracts. These covenants restrict the ways someone can use property, or they may restrict the ways someone can use sensitive company information....

January 1, 2023 · 4 min · 797 words · John Sansone

Retirement Savings Goals

Establish savings benchmarks to reach at different ages—how much you should have saved by when. Plan for when to increase your contributions and when to begin shifting from aggressive to more moderate investments. The earlier you start to save, the less you will need to put aside each month to reach your retirement savings goals. Make your goals achievable so that you can stick with them. Sign up and invest in your company’s 401(k)....

January 1, 2023 · 3 min · 617 words · Chris Mccoy

Review Of Enterprise Rental Car

About Enterprise Rent-A-Car Headquartered outside of St. Louis, Missouri, Enterprise has one of the largest fleets of rental cars in the country and many international locations. They also sell used cars to consumers. Pros If you are looking to rent a car for a short period of time, such as one day or even a few hours, Enterprise often offers a low rate. Enterprise is everywhere. They have over 8,000 locations worldwide....

January 1, 2023 · 3 min · 593 words · Roxanna Smetana

Roth Ira Vs 457 B Retirement Plan What S The Difference

If your employer offers a 457(b) plan, you may also be able to take advantage of a Roth IRA. Learn the differences between these two retirement savings accounts and what they mean for you. What’s the Difference Between a Roth IRA and a 457(b) Plan? In contrast, 457(b) plans are only available to employees of state and local governments, and to top executives or highly paid employees of organizations that qualify as tax exempt, such as registered charities....

January 1, 2023 · 3 min · 638 words · Nancy Stacy

Should Homebuyers Use A Wire Transfer Or A Cashier S Check For Closing

Undoubtedly, the title company will require certified funds. You can either bring a cashier’s check or you can make a wire transfer. What’s the difference? Will the money get to the title company in time if you wire the funds? At this final stage, with so much at stake, you’ll want to ensure a smooth transaction. Read on to find a comparison of wire transfers and cashier’s checks, including how each payment method works, pros and cons of each, and what will get you into your new home quickly and easily....

January 1, 2023 · 5 min · 853 words · Maggie Oetzel

Should Parents Work Part Time After Having A Child

“I didn’t love it enough to say that I wanted to go back, and part of me wanted to see what else was out there,” she told The Balance via email. One day, Paulson caught a segment on a TV show about potential work-from-home jobs, including freelance writing. Within two years, she had her second child and a new part-time career as a freelance and resume writer. Over a 16-year span, she raised four children while working part-time in various roles, including a stint as an MBA admissions officer at Carnegie Mellon University’s Tepper School of Business....

January 1, 2023 · 6 min · 1177 words · John Borner

Should You Write A Backup Offer To Buy A Home

So should you write a backup offer? The situation isn’t ideal, but it might not be as bad as it seems at first. Sellers don’t usually ask for backup offers unless they feel like there’s a good chance the offer in hand might not pan out. By securing your second spot in line, you might very well end up buying that home. If you’re wondering whether or not to write a backup offer, here are some important considerations to keep in mind....

January 1, 2023 · 5 min · 854 words · Hannah Long

Soft Vs Hard Credit Checks What S The Difference

But do you know why hard inquiries happen instead of soft inquiries? What about the differences between the two? How about whether an inquiry is going to be hard or soft before it happens or whether there are repercussions for either? Learn the similarities and differences between hard and soft credit checks and more. What’s the Difference Between Soft and Hard Inquiries? Hard inquiries lower your credit score by a few points, though that shouldn’t be a big deal in the long run....

January 1, 2023 · 3 min · 473 words · Michael Harris

Step By Step Guide To Setting Career Goals

Although there are no guarantees, taking a deliberate approach to the career planning process can expose you to more options and increase the probability that you will find sustainable, and enjoyable, employment. What Are Career Goals? Your career goals are where you see yourself in your future career path. What would you like to be doing in 5 years or 10 years? What interests you? What would be your perfect career, and how can you achieve it?...

January 1, 2023 · 5 min · 1045 words · Florence Barth

Stock Options Definition And Description

Investors buy and sell options just like stocks. There are two basic types of options: The call option The put option The Call Option The call option is the right to buy the underlying security at a certain price on or before a certain date. You would buy a call option if you anticipated the price of the underlying security was going to rise before the option reached expiration. For example: Company XYZ is trading at $25 per share, and you believe the stock is headed up....

January 1, 2023 · 4 min · 676 words · Glenn Bock

Stress Interviews Tactics To Handle The Pressure

In contrast, during stress interviews, no effort is made to put you at ease. Instead, interviewers create a stressful situation (thus the name) to get a sense of how you handle yourself in unpleasant conditions. What is a Stress Interview? Stress interviews come in many shapes and sizes, from mildly disconcerting to downright aggressive. The format depends on the role you’re applying for and the organization that’s hiring. The goal of a stress interview is to learn how you perform under pressure....

January 1, 2023 · 4 min · 772 words · Linda Bergan

Take The Frugal February Challenge

Dine In Rather Than Out For some people, this challenge may be the easiest on the list. Those who enjoy cooking or have special dietary restrictions may already eat primarily at home. As a challenge, try to eat all of your meals at home for the whole month. This challenge should extend to your lunches for work, as well as evening meals. Planning makes this much easier. Plan your monthly menu and grocery shopping list to make it easier....

January 1, 2023 · 4 min · 677 words · Mary May