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.

Business Certificates of Deposit (CDs): How They Work Learn about business certificates of deposit (CDs) and how they work to safeguard and grow a portion of your business's funds. 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? Photo of Lance Cothern Lance Cothern What Is a Brokerage Sweep Account & How Does It Work? As an investor, your money may not always be fully invested in stocks, bonds,... 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 Learn about the different ways that you can transfer a brokerage account and its assets. Find out other concern such as taxes and blackout periods. 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 Photo of Lance Cothern Lance Cothern Taxes on Gambling and Sports Betting: What You Need to Know Gambling, including sports betting, can be a ton of fun or quite depressing... 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 Compare the pros and cons for using a credit card and debit card to pay for business expenses because they can affect cash flow and the bottom line. Should You Contribute to an IRA When You’re Already Retired? Photo of Lance Cothern Lance Cothern Should You Contribute to an IRA When You’re Already Retired? Retiring is a massive shift in your lifestyle. It’s also a major change in your...