MechanicsofMoney

Free Answers to Money Questions

Medicaid: Changes Imposed by the Debt Reduction Act of 2005

Medicaid. Okay I said it. It is not as sexy a topic as investments, but it is important. We all know of someone that will be applying for Medicaid in the near future – be it ourselves, our parents, or our family or friends. This brief article discusses a few of the Medicaid changes that [...]

Small Business Owners Benefit from Defined Benefit Plans

There are a number of retirement plan options available to small business owners. Yet for older higher income business owners, the best option might be the least used option – defined benefit pension plans. Defined benefit plans are often referred to as pension plans, because they provide a guaranteed retirement benefit and they must be [...]

Alternative Invesments: Tax Lien Certificates

Many investors and investment advisers fail to take advantage of non-traditional investment alternatives, preferring instead to invest in higher risk lower return assets. For example, most investors and investment advisers actively invest in or recommend mutual funds, yet few investors and even fewer investment advisers actively invest in or recommend investing in tax liens — [...]