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.

Taxes on Gambling and Sports Betting: What You Need to Know Photo of Lance Cothern Lance Cothern Taxes on Gambling and Sports Betting: What You Need to Know Gambling, including sports betting, can be a ton of fun or quite depressing... Traditional IRA Withdrawal Rules: When Penalties Do and Don't Apply Learn about the rules that apply to traditional IRA withdrawals and how you can avoid penalties on early access to your money. Business Credit Card vs. Business Debit Card: Compare the Pros and Cons Compare the pros and cons for using a credit card and debit card to pay for business expenses because they can affect cash flow and the bottom line. Should You Contribute to an IRA When You’re Already Retired? Photo of Lance Cothern Lance Cothern Should You Contribute to an IRA When You’re Already Retired? Retiring is a massive shift in your lifestyle. It’s also a major change in your... How to Buy Netflix Stock: Invest in Your Favorite Streaming Service Photo of Lance Cothern Lance Cothern How to Buy Netflix Stock: Invest in Your Favorite Streaming Service In the era of cord-cutting, Netflix is one of the top entertainment alternatives... Can Someone Get Life Insurance If They Are Dying or Terminally Ill? Find out if someone dying or terminally ill can still buy life insurance to help the finances of loved ones. Different types of policies may be available. How to Invest in the Russell 2000 Index (U.S. Small Cap Stocks) Learn how to invest in the Russell 2000 index, which is popular with investors who want to add small-cap stocks to their investment portfolio. Keogh Plan: The Best Retirement Option for the Self-Employed? Photo of Lance Cothern Lance Cothern Keogh Plan: The Best Retirement Option for the Self-Employed? You may have heard of a Keogh plan before. At one time, they were a type of... Burial and Funeral Insurance: Do You Need It? Photo of Lance Cothern Lance Cothern Burial and Funeral Insurance: Do You Need It? According to the National Funeral Directors Association, the national median price... Child Life Insurance: When Does It Make Sense? Learn more about life insurance for a child. Compare the pros and cons to decide when such a policy might make sense for your child and your family.