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.

Life Insurance and Divorce: What Happens to Your Existing Policies? Find out what happens to existing life insurance policies for couples that get divorced, including how to maintain coverage for their beneficiaries. Healthcare Sharing Ministries vs. Health Insurance: Not the Same Photo of Lance Cothern Lance Cothern Healthcare Sharing Ministries vs. Health Insurance: Not the Same People looking for affordable health care may have found health care sharing... What To Do If You Cannot Pay Your Life Insurance Bill Photo of Lance Cothern Lance Cothern What To Do If You Cannot Pay Your Life Insurance Bill No one wants to go through a period of time when they can’t pay their bills.... When Should You Start Considering Wealth Management Services? Find out when it makes sense that your finances and future goals mean that you should start thinking about wealth management services. Level Term vs. Annual Renewable Term Life Insurance: Pros and Cons Compare the pros and cons of level term life insurance and annual renewable life insurance to determine the best policy to Life Insurance and HIV: The Impact on Your Policy & Premiums Photo of Lance Cothern Lance Cothern Life Insurance and HIV: The Impact on Your Policy & Premiums According to HIV.gov, 1.2 million people in the United States are living with... Should You Use a HELOC to Consolidate Debt? Photo of Lance Cothern Lance Cothern Should You Use a HELOC to Consolidate Debt? If you own a home, there’s a chance you have equity that could be used to... Raised 401(k) Distribution and Loan Limits Amid Coronavirus FInd out if you should take advantage of the raised 401(k) distribution and loan limits in search of financial relief to survive the coronavirus pandemic. Mega Backdoor Roth IRA: How It Works Step by Step Learn how a mega backdoor Roth IRA can help boost retirement savings for high-income earners and what the strategy may look like if you opt for it. Variable Annuities: How Do They Work? Photo of Lance Cothern Lance Cothern Variable Annuities: How Do They Work? You might have seen advertisements or received mailers about variable annuities....