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.

Multiple IRAs: Why You Might Consider Diversifying Tax Benefits Find out about the pros and cons of having multiple IRAs - such as a combination of traditional and Roth IRAs -- for diversifying tax benefits. Inheriting a 401(k): How to Manage the Assets Photo of Lance Cothern Lance Cothern Inheriting a 401(k): How to Manage the Assets Inheriting a 401(k) often comes at an unfortunate time. Someone close to you... How to Calculate and Minimize Capital Gains Taxes on Your Investment Profits Photo of Lance Cothern Lance Cothern How to Calculate and Minimize Capital Gains Taxes on Your Investment Profits Investing in stocks, bonds, mutual funds or exchange-traded funds (ETFs) can... How Long Can You Stay on Your Parents’ Health Insurance Plan? Find out how long you can stay under your parents' health insurance policy and the options you have available when you no longer qualify for coverage. Is Your Social Security and Disability Covered If You File for Bankruptcy? Learn how bankruptcy might affect your Social Security income and disability benefits, including the possibility of income garnishment. How Retirees Should Handle Retirement Funds During a Recession Photo of Lance Cothern Lance Cothern How Retirees Should Handle Retirement Funds During a Recession Recessions can be extremely scary for the average person’s finances. They can be... Should You Use a Solo 401(k) to Save for Retirement? Photo of Lance Cothern Lance Cothern Should You Use a Solo 401(k) to Save for Retirement? If you run your own business or are self-employed, you might be looking for ways... Umbrella Insurance: What is Covered and When Does it Make Sense? Learn how umbrella insurance works to provide additional coverage to your standard policies -- with the goal of protecting your assets as a whole. Life Insurance for Expats and U.S. Citizens Living Abroad Find out how expats and U.S. citizens should approach life insurance policies while living abroad and still providing financial security for loved ones. Dollar-Cost Averaging: An Investment Strategy to Avoid "Timing the Market" Photo of Lance Cothern Lance Cothern Dollar-Cost Averaging: An Investment Strategy to Avoid "Timing the Market" Investing can be complicated, especially for someone getting started.  You have...