Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.
Today on the Ilyce Glink show, we had a call about the Roth IRA conversion change for 2010. I've been writing about this for awhile, and basically the change boils down to the following:
If you make too much money (over $100,000/year) to convert your current IRA to a Roth IRA…
Topics: credit card debt
Fourteen states are now offering tax credits for homebuyers or first-time homebuyers. Georgia is the latest state to offer a homebuyer tax credit. It is available to anyone, regardless if you have owned a home before.
Topics: home buying
Washington, D.C. is abuzz with the flurry of legislative activity today. President Obama announced the new CAFE standards for automobiles (35 miles per gallon by 2016), the credit card bill passed the Senate, and now the amended HOPE for Homeowners legislation has sailed through.
The big news with…
Topics: homeowners
Last week, the Treasury Dept. announced a new plan to allow first time buyers (and those who haven't owned a home in the past 3 years) the opportunity to use the $8,000 tax credit as a down payment for the purchase of the property. The way this would be handled would be with a bridge loan until the…
Topics: first time home buyer
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