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What do you need to know about 401k withdrawals?

401 (k) withdrawals Depending on your situation, you might qualify for a traditional withdrawal, such as a hardship withdrawal. The IRS defines a hardship...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is the 12 month rollover rule?

IRA one-rollover-per-year rule Beginning after January 1, 2015, you can make only one rollover from an IRA to another (or the same) IRA in any 12-month pe...

Can you get a loan to fix roof?

A roof loan is a personal loan that you use to cover the cost of repairing or replacing a roof. If you need to repair or replace your roof now and you can...

How do I write a financial hardship letter?

How to Write a Hardship Letter – The Ultimate Guide Hardship Examples. There are a variety of situations that may qualify as a hardship. Keep it original....

Will banks freeze HELOCs?

Because you are making payments as agreed, they cannot cancel the HELOC or demand that you pay off the balance immediately. They can, however freeze the l...

Is it possible to leave my home only to my daughter?

Under Missouri law, you can leave your home just to your daughter by beneficiary deed, will or trust. Upon both you and your husband dying, when your daug...

Who has the legal title of the property in a trust?

The trustee The trustee is the legal owner of the property in trust, as fiduciary for the beneficiary or beneficiaries who is/are the equitable owner(s) o...

Who bought out Compaq?

Hewlett-Packard Hewlett-Packard said yesterday that it was acquiring Compaq Computer for $25 billion in stock in a bold move to grow as the computer indus...

Can my credit card company increased my interest rate?

if your card provider decides to increase your interest rate, it must give you at least 30 days’ notice. other than in exceptional circumstances (for exam...

What is schedule of cost of goods manufactured?

The cost of goods manufactured schedule reports the total manufacturing costs for the period that were added to work‐in‐process, and adjusts these costs f...