Personal Finance


How to Create a Smart Credit Policy

An entrepreneur's guide to offering trade credit, crafting a credit application, and evaluating a customer's credit-worthiness  Read story

Collection Techniques to Avoid

Past-due accounts present a number of problems, one of which is how to collect them. When faced with this uncomfortable issue, avoid using these collectio...  Read story

Headline Was In Error

The headline for the illustration for the Personal Finance article on Retired Lives Reserve (April) is misleading. The figures are apparently for a conve...  Read story

Insuring Your Home-Based Business

It's a mistake to rely on a homeowner's or renter's insurance policy to cover the assets of your home-based business. These policies often exclude or stri...  Read story

Leaving Property to Young Children

Most parents, at one time or another, give serious thought to what would happen to their children in the unhappy - and very unlikely - event that one or b...  Read story

Exceptions to Early Distribution Penalties

Most people who have retirement accounts--either IRAs or qualified plans through an employer--understand the importance of leaving these funds untouched u...  Read story

Health Insurance Tips

For Peter Hermann, health insurance is a headache. "Health insurance is a remarkably large expense, even for a 15-personfirm like ours," says Hermann, a g...  Read story

Shopping for Retirement

It's not easy to find retirement plans suitable for entrepreneurial companies. Ask Brooke Dickinson, the president of Ditco, aKent, Wash....  Read story

Top Myths about Retirement Plans

1. You cannot take money out of your 401(k) plan until you retire. Most 401(k) plans allow you to borrow money from the plan. Some...  Read story

Retirement Account Withdrawal Rules: A Summary

Your Age Withdrawal Rules Read story

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PRACTICAL CASH-SAVING IDEAS FROM INC. READERS  Read story

New Insurance Helps You Put Up A Fight

Until recently, if a small businessman was faced with a lawsuit not covered by traditional liability insurance, he had two options: He could settle out of...  Read story

How can I establish the creditworthiness of a company that's a prospective customer?

Offices & Operations mentor Charles J. Bodenstab responds: A credit report on the potential customer is a good starting point, but I...  Read story

Ira's And Sep's: Retirement Plans Made Easy

New changes in the lawmake payroll-deduction Individual Retirement Accounts and Simplified Employee Pensions a corporate option worth considering.  Read story

Financial Services Associations

Industry-specific associations can help you research hard-to-find details about the industry you're in and offer valuable networking opportunities with bu...  Read story

Insurance Associations

Industry-specific associations can help you research hard-to-find details about the industry you're in and often offer valuable networking opportunities w...  Read story

Rx For Trimming Health-care Costs

Five ways to counter the spiraling cost of employee coverage.  Read story

Liability Policies For Retired Owners

A new kind of small business liability insurance policy is being sold exclusively to business owners who have retired and closed up shop. Introduced by th...  Read story

Business Insurance: A 12-Point Checklist

In the weeks since the September 11 tragedies, some formerly mundane business considerations have suddenly become glaring priorities. Adequate business in...  Read story

How An Employee Perk Can Be A Tax Advantage

One small company owner, with a preference for profit-sharing, ended up with a pension plan instead.  Read story

Increasing Web-Site Traffic

If you build it, will they come? Last year, Internet sales reached $79 billion, according to Forrester Research, or 3% of all retail sales. Can your busin...  Read story

What's New for 2004

April 15, 2004, is the due date for the first installment of estimated tax--something that sole proprietors and owners of pass-through entities should not...  Read story

Pay Now, Learn Later

You can protect yourself against college tuition hikes. But the scheme backfires if your kid goes to the state university By now you probably kno...  Read story

Do-It-Yourself Aid

Is college around the corner? Families too wealthy for need-based aid are turning to the tax code to help pay the bill. Ashley Young, 18, is begi...  Read story

Don't Let a Smile Be Your Umbrella

Buying insurance after cashing out.  Read story

Health Insurance Premiums Continue to Climb

While the increases slowed over the past year, more companies are planning to pass the costs on to their employees.  Read story

401(K) Plans

Related Terms: Employee Benefits ; Read story

Annuities

Related Terms: Retirement Planning ; Read story

Budget Deficit

The phrase, "budget deficit," is normally applied to situations where, at the end of a calendar or fiscal year, a public entity turns out to have spent mo...  Read story

Credit Bureaus

A credit bureau is an agency that collects and sells information about the credit-worthiness, or the ability to meet debt obligations, of individuals and ...  Read story

Credit Evaluation and Approval

Related Terms: Cash Flow Management Credi...  Read story

Credit History

A credit history is a record of an individual or company's past borrowing and repaying behavior. In the case of individuals, these records are collected a...  Read story

Employee Stock Ownership Plans (ESOPs)

Related Terms: Retirement Planning ; Read story

Federal Trade Commission (FTC)

The Federal Trade Commission (FTC) was established as an independent administrative agency pursuant to the Federal Trade Commission Act of 1914. The purpo...  Read story

Financial Planners

Financial planners are individuals who advise both people and companies about how to invest their assets. Most financial planners are professionals who he...  Read story

Health Insurance Options

Related Terms: Employee Benefits Health in...  Read story