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.

Opting Out of Employer Health Insurance: When Does it Make Sense? Find out when it makes sense to opt ou of your employer's health insurance plan in favor of other options that may offer better or more affordable coverage. Business Certificates of Deposit (CDs): How They Work Photo of Lance Cothern Lance Cothern Business Certificates of Deposit (CDs): How They Work One way individuals can try to earn more interest on their money is by putting it... Can U.S. Expats (Americans Abroad) Contribute to IRAs or 401(k)s? Photo of Lance Cothern Lance Cothern Can U.S. Expats (Americans Abroad) Contribute to IRAs or 401(k)s? As a U.S. citizen, you pay federal income taxes on your worldwide income... What Is a Brokerage Sweep Account & How Does It Work? Learn about brokerage sweep accounts and how they work to separate your cash funds from investment assets within your brokerage account. How to Buy Health Insurance on Your Own Through Marketplaces Learn how you can buy health insurance on your own by shopping for and comparing the different healthcare plans available from insurance marketplaces. How to Transfer a Brokerage Account Quickly and Easily Photo of Lance Cothern Lance Cothern How to Transfer a Brokerage Account Quickly and Easily As you grow as an investor, you might decide you want to move to a new brokerage... Should You Use a Home Equity Loan or HELOC to Pay for College? Photo of Lance Cothern Lance Cothern Should You Use a Home Equity Loan or HELOC to Pay for College? If you want to help your children pay for college, it generally isn’t cheap.... Taxes on Gambling and Sports Betting: What You Need to Know Find out how taxes are applied to winnings on gambling and sports betting activity, including how to calculate the taxes owed and deducting expenses. 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 Photo of Lance Cothern Lance Cothern Business Credit Card vs. Business Debit Card: Compare the Pros and Cons As a business owner, you have set up the company's finances to keep everything in...