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.

Which U.S. Banks Offer Foreign Currency (Multicurrency) Accounts? Find out which U.S. banks offer foreign currency accounts -- also known as multi-currency accounts -- to personal banking customers. Who Can You Claim as a Dependent on Your Tax Return? Photo of Lance Cothern Lance Cothern Who Can You Claim as a Dependent on Your Tax Return? When you’re filing your taxes, you’ll need to know who you can claim as a... How to Calculate Your Tax Bracket During Retirement Photo of Lance Cothern Lance Cothern How to Calculate Your Tax Bracket During Retirement Have you ever wondered how to calculate your tax bracket during retirement? If... Can You Opt Out of Paying Social Security Taxes? Find out whether or not you can opt out of paying Social Security taxes, which are typically taken automatically from your paycheck. 7 Options If You Don’t Have Health Insurance From an Employer Learn about the different options available to people who don't have health insurance from their employer or job -- to minimize the cost of medical coverage. Roth IRA Contribution Limits for 2023 and 2024: How to Maximize Tax-Free Growth Photo of Lance Cothern Lance Cothern Roth IRA Contribution Limits for 2023 and 2024: How to Maximize Tax-Free Growth Retiring is a goal many people dream of. In order to retire, people need to find a... Foreign Bank Accounts: Reporting & Tax Rules That You Have to Worry About Photo of Lance Cothern Lance Cothern Foreign Bank Accounts: Reporting & Tax Rules That You Have to Worry About Chances are you’ve heard stories about rich people hiding their money in Swiss... New 20-Year Treasury Bonds: Pros and Cons to Consider Before Investing Find out about the pros and cons of investing in the new 20-year Treasury bonds, a new form of low-risk investment to help diversify a portfolio. Tax Efficient Investing: Put Investments in the Right Places to Reduce Taxes Owed Learn how to use tax-efficient investing to put your stocks, bonds, and other investments in the best accounts to minimize the amount of taxes paid. How to Save on Life Insurance With the Ladder Strategy Photo of Lance Cothern Lance Cothern How to Save on Life Insurance With the Ladder Strategy A person’s need for life insurance coverage changes as they grow older. Initially,...