Articles by Lance Cothern

Lance is a licensed Certified Public Accountant (CPA) in the state of Virginia and he covers money management, budgeting, financial products, and more. He is also the founder of Money Manifesto, a personal finance blog, where he writes about his family's relationship with money. Education: B.B.A. in Accounting from James Madison University.

How to Calculate Your Tax Bracket During Retirement Find out how to calculate your income tax bracket during retirement and determine the tax rate on any income, capital gains, and retirement fund distributions. Can You Opt Out of Paying Social Security Taxes? Photo of Lance Cothern Lance Cothern Can You Opt Out of Paying Social Security Taxes? When you received your first paycheck, you were probably in for a rude awakening.... 7 Options If You Don’t Have Health Insurance From an Employer Photo of Lance Cothern Lance Cothern 7 Options If You Don’t Have Health Insurance From an Employer Having health insurance is important. Without health insurance, one visit to... Roth IRA Contribution Limits for 2023 and 2024: How to Maximize Tax-Free Growth Find out how much you can contribute to a Roth IRA in 2023 and 2024, especially if you're concerned about eligibility due to high income. Foreign Bank Accounts: Reporting & Tax Rules That You Have to Worry About If you have (or are thinking about) a foreign bank account, learn about the rules regarding reporting and taxes to ensure that the IRS doesn't come after you. New 20-Year Treasury Bonds: Pros and Cons to Consider Before Investing Photo of Lance Cothern Lance Cothern New 20-Year Treasury Bonds: Pros and Cons to Consider Before Investing The U.S. Treasury hasn’t issued a 20-year bond since 1986, roughly 34 years ago.... Tax Efficient Investing: Put Investments in the Right Places to Reduce Taxes Owed Photo of Lance Cothern Lance Cothern Tax Efficient Investing: Put Investments in the Right Places to Reduce Taxes Owed Investing is tricky on so many levels. You have to figure out what to invest in,... How to Save on Life Insurance With the Ladder Strategy Learn how to use the ladder strategy to save on life insurance premiums in the long run by reducing coverage needed as time passes. 8 Business Checking Account Fees to Watch Out For See the most common fees associated with business checking accounts so that you know what to watch out for when picking a checking account for your business. 5 Signs You Need a New Checking Account Photo of Lance Cothern Lance Cothern 5 Signs You Need a New Checking Account Switching checking accounts to a new bank can be a major pain. Besides...