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.

Death of a Spouse in Retirement: How You’re Affected Financially and What to Do Find out how your retirement could be affected financially if your spouse died, including the impact on your Social Security benefits, taxes, and income. Penny Stocks: 5 Reasons to Avoid This Investment Photo of Lance Cothern Lance Cothern Penny Stocks: 5 Reasons to Avoid This Investment Penny stocks are sometimes seen as a way to get rich quick. They don’t cost much... Are Life Insurance Payouts Considered Taxable Income? Photo of Lance Cothern Lance Cothern Are Life Insurance Payouts Considered Taxable Income? Life insurance helps your family stay on their feet financially after you pass... Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income Compare reverse mortgages and home equity loans or a HELOC to help generate retirement income to fund spending and living expenses in your later years. Best Health Insurance Options for College Students See how college students can obtain health insurance coverage (through parents or alone) and what to look for in the right policy. High Deductible Health Plans (HDHPs): How to Choose Between Health Insurance Options Photo of Lance Cothern Lance Cothern High Deductible Health Plans (HDHPs): How to Choose Between Health Insurance Options When it comes time to pick a health insurance plan, you've probably come across a... Health Insurance Deductibles: How Do They Work? Photo of Lance Cothern Lance Cothern Health Insurance Deductibles: How Do They Work? Health insurance can help your family avoid bankruptcy from high medical bills.... Mortgage Protection Insurance vs. Term Life Insurance: Pros and Cons to Consider Learn the differences between mortgage protection insurance and term life insurance to cover your family's mortgage payments if something happens to you. Simplified Issue vs. Guaranteed Issue Life Insurance Compare the pros and cons of simplified issue and guaranteed life insurance policies to determine which one is a better fit for your estate planning. How Life Insurance Fits Into Your Estate Planning With Wills and Trusts Photo of Lance Cothern Lance Cothern How Life Insurance Fits Into Your Estate Planning With Wills and Trusts Estate planning, including life insurance, wills and trusts, sounds...