Protecting Paperless Money: The Electronic Funds Transfer Act
With each passing year, technology becomes more integrated into fundamental parts of our lives. Our bank accounts and financial transactions are no exception. Today, more and more transactions are conducted electronically without the passing of a check or paper money. Some examples of electronic fund transfers include: transactions conducted at an ATM, transactions …
more
Should You Borrow Money From Your 401k?
It can be frustrating and often frightening when due to unemployment, a recession, or other factors, a person’s available cash is not enough to meet his or her obligations. Sometimes when this happens, a person does have money in his or her 401k plan that could help the person pay his or her bills. However, it is important to understand the potential penalties for borrowing or …
more