At a Glance: Exploring payment options for bariatric surgery without insurance includes secured medical loans, hospital payment plans, 401(k) loans, CareCredit, and Health Savings Accounts (HSAs). These diverse methods provide feasible ways to finance this transformative health journey. Starting on …
At a Glance: APR (Annual Percentage Rate) and APY (Annual Percentage Yield) are crucial for financial decisions. APR indicates borrowing costs, including interest and fees, while APY includes compounding interest, showing actual earnings or loan costs. Understanding these differences is essential fo…
At a Glance: Across the U.S., various states offer distinct loan forgiveness programs for pharmacists. Alaska, Arizona, California, and Colorado provide up to $90,000 in forgiveness for service in underserved areas. Programs in states like Idaho, Iowa, and Kentucky offer significant relief, while Mi…
At a Glance: In Arizona, the average student loan debt is around $34,712, with significant variations across counties. Maricopa County, encompassing Phoenix, reports higher debts averaging $38,500 due to its dense concentration of higher education institutions. In contrast, Pinal County has a lower …
At a Glance: In Louisiana, the average student loan debt hovers around $33,823, slightly above the national average. This varies across cities, with New Orleans and Baton Rouge notably impacted. The state offers various loan repayment programs, including federal income-driven plans and forgiveness o…
At a Glance: IRS Form 2441 lets you claim the Child and Dependent Care Credit for eligible childcare or dependent care expenses, necessary for you to work or seek employment. Qualifying costs include payments for care services for children under 13 or incapacitated dependents. Correctly identifying …
At a Glance: Deductible dental expenses exceed 7.5% of AGI and must be itemized on Schedule A (Form 1040). Costs include preventative care, treatments, and surgery—excluding cosmetic procedures. Keep detailed records; non-reimbursed, necessary expenses qualify. Consult IRS guidelines for updates. De…
At a Glance: Education expenses may be tax-deductible if they meet IRS criteria. Deductible expenses include tuition, mandatory fees, books, and sometimes transportation. IRS Tax Topic 513 provides detailed criteria, and the IRS website lists qualified education expenses. Understanding what educatio…
At a Glance: Medical expenses can be tax-deductible, but eligibility hinges on exceeding 7.5% of your AGI. Deductible expenses cover diagnosis, treatment, and prevention of disease. Non-deductible items, like gym memberships, are typically unrelated to medical conditions. Itemizing deductions on For…
Question: What credit score do you need for Klarna®? Answer: Klarna® is one of those “buy now, pay later” services that’s been gaining traction, especially for online shopping. If you’re considering using Klarna, you might be wondering about the credit score requirements. Let…