According to British researcher Cliff Arnall, the third Monday of January is the most depressing day of the year. Arnall calls it, “Blue Monday.” While some make a reasonable argument that Arnall’s theory is based on pseudoscience, I personally wonder if Arnall may be on to something.
Are You Being Honest With Yourself?
Nature has equipped us with a lot of defense mechanisms. One of them is the ability to rationalize our feelings, thoughts, fears, and doubts. Evolution taught us to be story-tellers, and we tell ourselves story after story until we imagine one which explains the circumstances we find ourselves in.
3 Major Misconceptions Regarding Roth IRA’s
As Roth accounts and Roth conversions continue to grow in popularity, there are several misconceptions in regard to the rules surrounding these qualified accounts. Today we will take a look at 3 of the most common statements we hear, and provide and explanation as to why these are not necessarily true.
Understanding your options with Inherited IRA’s
I think we all have a pretty solid understanding of how IRA’s work. We know there are annual contribution limits, income level restrictions and different tax treatments for the distributions during retirement, but what happens to these IRA’s when one passes away? There are several important rules that come into play depending on who was designated to be the beneficiary of the account, and what their relationship was to the deceased account owner.
