Military Money Might — Helping Members of the Military & Their Families

Five Great Ways To Use Your Income Tax Refund This Year

February 22, 2010

If you get an income tax refund every year, what should you do with that money? Here are five great uses for your income tax refund this year…

Save It. Consider using whatever money you get back from the government to boost your emergency fund. You should have three to six months of expenses saved for [...]

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Download Your W-2 From MyPay – File Your Taxes Soon

January 29, 2010

The W-2 Form, which is also called the “Wage and Tax Statement”, is used in the United States as an information return to report wages paid to employees and the taxes withheld from them. The form is also used to report FICA taxes to the Social Security Administration. Relevant amounts on Form W-2 are reported [...]

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My January 2010 Lending Club Performance Update – Earning a 15% Annual Rate of Return

January 25, 2010

As of today, I’m enjoying a 15.39% annualized return on my investments with Lending Club. Lending Club is the awesome peer to peer lending investment website where you can lend money without a bank straight to individuals who need it the most. The beauty of the service for investors is that you can earn a [...]

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Roth IRA Contribution Limits For 2010

January 8, 2010

The IRA contribution limits will stay the same in 2010 as they were in 2009 and 2009. Investors under the age of 50 can contribute up to $5,000 per year. Those investors who are over the age of 50 can make additional catch up contributions for a total investment of $6,000 per year.

Year
Under Age 50
Age [...]

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