Financial Security for All Archives - Page 15 of 65

May 30, 2019March 23, 2021

Barbara O’Neill

Dr. Barbara O’Neill is Rutgers Cooperative Extension’s Specialist in Financial Resource Management. Barbara is eXtension’s leader for the Personal Finance Ask an Expert and Frequently Asked Questions (FAQs) resources.

Dr. O’Neill earned her Ph.D. in Resource Management and Family Economics from Virginia Tech University. She also holds a master’s degree in consumer economics from Cornell University and a bachelor’s degree in home economics from the State University of New York-Oneonta. Barbara holds numerous professional certifications including certified financial planner (CFP), …

May 30, 2019March 23, 2021

Student Loans

College students at commencement ceremony

We have 10 fact sheets and resources to help students and parents understand student loans, identify other ways to pay for college, and manage student debt.

Going to college means going into debt for a majority of American college students and the total amount of student loan debt now exceeds 1 trillion dollars. Students have a choice of Direct Loans from the U.S. Department of Education or other lenders. When making the choice, students should keep in mind that federal …

May 30, 2019March 23, 2021

How to Obtain Continuing Education Units for Military Families Personal Finance Webinars

The Military Families Learning Network Personal Finance team offers 1.5 continuing education units to AFC-credentialed participants for live and recorded personal finance webinars.

Procedures for obtaining CEUs via live webinars

AFC-credentialed participants can earn 1.5 CEUs by attending 90-minute online Personal Finance webinars that are presented online with a live speaker.
A link to an online evaluation is shown at the end of the webinar. Visit this link and complete the evaluation.
At the conclusion of the evaluation, a second

…

May 30, 2019May 30, 2019

How much will a $3,000 cash donation to a charity save me on my income taxes?

Assuming that you can itemize deductions because the sum total of all of your itemized deductions, including the $3,000 charitable contribution, exceeds the standard deduction for your tax filing status (e.g., single, married filing jointly), there will be a tax benefit to making this contribution. To determine the savings on your federal income tax, multiply the amount of your charitable donation by your marginal tax bracket. For a list of federal income tax rates by filing status and income, see …

May 30, 2019May 30, 2019

How much does an extension cost a home buyer when pushing back a house closing date?

It depends. Key factors will be the cause of the delay, changes in interest rates during the time of the delay, and the terms and conditions of your mortgage approval process and the contract with the seller to buy the house. Check with your real estate attorney and/or mortgage lender for an answer based on the specifics of your situation. Increased interest rates, possible rent payments (to the seller), and/or penalties may apply.

We would like your feedback on this …

May 30, 2019May 30, 2019

How are health insurance and car insurance similar and different?

Car (automobile) insurance is similar to health insurance in a very important way: both types of policies provide protection against financial losses.

Automobile and health insurance both help policyholders cover large costs that could financially devastate the individual or the family, like those experienced in unexpected car accidents or major medical procedures such as surgery, chemotherapy, expensive tests, or hospital stays.

Health insurance generally provides a wider range of benefits than car insurance. Car insurance, for example, will not pay …

May 30, 2019May 30, 2019

Affordable Care Act

Mother and young daughter waiting in hospital room

The Patient Protection and Affordable Care Act of 2010 is bringing about numerous reforms to U.S. health care. We’ve assembled publications, guides and fact sheets from reliable sources to help you improve your understanding of the Act.

The Patient Protection and Affordable Care Act is commonly called the Affordable Care Act (ACA). The ACA is also referred to as “Obamacare” since it was signed into law by President Obama.

Among the reforms included in the Affordable Care Act are additional …

May 30, 2019May 30, 2019

Affordable Care Act Resources for Consumers

Consumers can find detailed information about the Affordable Care Act in the resources listed below. These web sites and documents will help you navigate the options and choices available under the new health reform law.

May 30, 2019May 30, 2019

Talking to Children About Money

Children learn about and use money
continuously. How children use
money will affect not only their
economic stability and security
throughout life, but also how they
live and feel about their lives.
Parents and other adults can help
children learn about and develop
money management skills by
discussing money with them, planning
together and providing children
with positive learning experiences.

Children and Money

Children are not born with “money
sense.” They learn about money by what
they see, hear and …

May 30, 2019May 30, 2019

Affordable Care Act Resources for Educators

Ask an Expert — Health Insurance Literacy Community of Practice
This eXtension community exists to help people make smart health insurance choices and to plan for health care costs. The Ask an Expert feature enables consumers to submit their own questions about the Affordable Care Act. Health Insurance Literacy is a group of university faculty from across the U.S. whose goal is to help individuals and families make informed decisions about health care expenses.
Source: eXtension

Affordable Care Act Brochures …