FitSmallBusiness
  • Categories
    • Accounting
    • Banking
    • Business Law
    • Business Travel
    • Buying and Selling a Business
    • Careers
    • Credit Cards
    • Financing
    • Human Resources
    • Insurance
    • Marketing
    • Office
    • Online Business
    • Personal Finance
    • Project Management
    • Real Estate Investing
    • Real Estate
    • Retail
    • Sales
    • Starting a Business
    • Taxes
  • About

All Personal Finance Articles - Page 2

How Hard Inquiries Impact Your Credit Score & Report

By Jordan Tarver on January 28, 2019 | Credit Scores and Reports, Personal Finance, Ultimate Guide

checking how credit inquiry affects credit score on mobile

A hard inquiry, also known as a hard credit check, gives people your full credit report and typically occur when you apply for a loan or credit card. Hard inquiries stay on your credit report for up to two years, are visible creditors, and can decrease your personal credit score by one to five points….

The 5 C’s of Credit: What Banks & Lenders Actually Look For

By Jordan Tarver on January 21, 2019 | Credit Scores and Reports, Personal Finance, What is

laptop displaying the 5 c's of credit

The 5 C’s of credit are character, capacity, capital, conditions, and collateral. Together, these serve as a way for lenders to evaluate the creditworthiness of potential borrowers. Banks and lenders generally look at your ability to repay, level of debt, how you plan to use the funds, and the collateral you have to offer. The…

Hard vs. Soft Credit Checks & Their Affect on Credit Scores

By Jordan Tarver on January 4, 2019 | Credit Scores and Reports, Personal Finance, Versus

A hard credit check negatively impacts your credit score compared to a soft credit check, which has no impact. Hard credit checks typically occur when you apply for a loan or credit card. A soft credit check occurs when your credit report is pulled for a background check, like when you check your credit score….

ETFs: What They Are, How to Invest, & Who They’re Right For

By Dock David Treece on January 4, 2019 | How To, Investing, Personal Finance

An exchange traded fund (ETF) is a type of fund that pools together individual stocks, bonds, and other securities. ETFs allow investors to diversify their investments much more cost-effectively than trading individual stocks and bonds. Investors can also trade ETFs anytime during the day, so they’re ideal for investors who want short-term gains. What an…

Best Real Estate Investment Software

By Allison Bethell on January 2, 2019 | Buyer's Guide, Investing, Real Estate Investing

Real estate investment software is used by residential and commercial real estate investors to help analyze an investment property. We reviewed more than 20 real estate software providers based on their cost, features, and reviews. Then, we chose 10 real estate investment analysis software to include in our list of the best options. How We…

×
Sign Up For Our Real Estate Investing Newsletter!
Sign up to receive more well-researched real estate investing articles and topics in your inbox, personalized for you.
This email address is invalid.
×
Sign Up For Our Real Estate Investing Newsletter!

Roth IRA: Rules, Contribution Limits & Deadlines

By Dock David Treece on November 24, 2018 | How To, Personal Finance, Retirement Accounts

Roth IRA

A Roth individual retirement account (IRA) is an individual retirement account that allows investors to contribute up to $6,000 per year for retirement. Unlike traditional IRAs, Roth IRAs allow post-tax contributions that then grow tax-free and are withdrawn tax-free during retirement. Roth IRAs are ideal for tax-conscious investors who want to lessen their income tax…

6 Best Small Business Retirement Plans 2018

By Dock David Treece on November 20, 2018 | Buyer's Guide, Personal Finance, Retirement Accounts

small business retirement plans

Retirement plans help business owners save for retirement and attract the most talented employees. There are 6 main types of small business retirement plans that allow pre-tax contributions each year by employers and/or employees. Each type differs widely, ranging from $6,000 – $56,000+ in annual contributions, with some requiring employer contributions or match. When you’re…

Safe Harbor 401(k) Plan: What it is, Contributions, & Matching Rules

By Dock David Treece on November 20, 2018 | Personal Finance, Retirement Accounts, What is

safe harbor 401(k) plan

A Safe Harbor 401(k) is a retirement plan allowing employers and high-earners to shelter income that would be considered “discriminatory” against employees in a standard retirement plan. Employers and high-earning employees can shelter $56,000-$62,000 per year from income tax without falling out of compliance by providing matching contributions to employees. can help small business owners…

SEP IRA Rules, Contribution Limits, & Deadlines

By Dock David Treece on November 20, 2018 | How To, Personal Finance, Retirement Accounts

sep ira

A SEP IRA is an employer-sponsored retirement plan allowing business owners with 0 – 5 employees defer large amounts of income. A SEP lets employers and the self-employed contribute $56,000 or 25% of their taxable income each year – $50,000 more than Traditional IRAs. To use SEPs, employers must make proportional contributions to all full-time…

SIMPLE IRA Rules, Providers, Contribution Limits & Deadlines

By Dock David Treece on November 20, 2018 | How To, Personal Finance, Retirement Accounts

simple ira

SIMPLE IRAs are employer-sponsored retirement plans allowing participants to save up to $26,000 pre-tax in deferrals and matching. Using a SIMPLE IRA, employers must match employee deferrals on a dollar-for-dollar basis between 1% – 3%. To use a SIMPLE IRA, employers must implement their plan before October 1 of the year it becomes effective. How…

SEP IRA vs SIMPLE IRA: How to Choose the Right Plan 2018

By Dock David Treece on November 20, 2018 | How To, Personal Finance, Retirement Accounts

SEP IRA vs SIMPLE IRA

Business owners comparing a SEP IRA vs SIMPLE IRA will find that each has unique benefits and works better in certain circumstances. SEPs have higher contribution limits ($56,000) but require employers to fund all employee contributions. SIMPLE IRAs allow employee deferrals up to $13,000 and require employers to match 1% – 3% of compensation. 401(k)…

Free SEP IRA Calculator

By Dock David Treece on November 19, 2018 | Calculators, Personal Finance, Retirement Accounts

  How to Read Your SEP IRA Calculator Results Suggested Employer SEP IRA Contribution: Your suggested contribution should be the same as the desired amount that you input unless your desired contribution exceeds 25 percent of income or $55,000. If your income is too low, your desired contribution may be too high. If your suggested…

  • «Previous Page
  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to page 4
  • Next Page»
Fit Small Business

Company

  • About Us
  • Editorial Policy
  • Press Inquiries
  • Careers

Follow Us

Facebook Twitter LinkedIn YouTube

Partners

  • Work With Us
  • Media Kit

Contact Us

355 Lexington Avenue, 18th Floor
New York, NY 10017

info@fitsmallbusiness.com

Fit Small Business BBB Business Review

© Fit Small Business 2021

California Privacy Rights
Privacy

Terms
Sitemap

Join Fit Small Business

Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. Select the newsletters you’re interested in below.