If you have an IRA and you die, do you know what will happen to it? There are actually various things that decide what happens to it. One question will be to know who the beneficiary is and the other is, whether or not the owner died before or after the required beginning date? If you are unaware of the rules for this, you could lose money that may end up with the distribution going places you don’t want it to. The categories of beneficiaries can be broad, but the main three are: the spouse, a non-spouse beneficiary and no beneficiary at all. They all carry their own rules and...

Many people today are facing their worst nightmare, debt. To get your debt under control, you first need to know the facts and then focus on how to deal with it. Begin by making a list of who you owe and how much a month you are sending them. Write down the interest rate also, and now you begin to sharpen your skills in the area of debt management. It is a sad fact that so many people don’t really realize how much they pay in interest each month. They just pay their bill and go on with life, never stopping to add up all those bills. Anything you buy with cash has no interest attached...