Planned Solutions

Choosing The Right Credit Card, Real Estate Market, Minor as an IRA Beneficiary

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Sinopse

In this episode of the Planned Solutions Incorporated Podcast, Picking the right credit card often depends on how a cardholder plans to use the card. For most people who pay off their credit card balances each month the interest rate charged by the credit card should be the last consideration. Instead, it is advisable to weigh the rewards that the credit card offers against the annual cost of the card, such as any annual fees that the card may charge. Also, The number of existing homes sold in February increased 14.5% from the prior months as the Spring buying season appears to be heating up early. Home prices remain resilient, down just 0.2% from the prior year. It appears that declining interest rates have unlocked some demand from potential homebuyers as the level of interest rates, and not prices, have driven home demand in recent months. And, It is common for retirement account owners to list their minor children as beneficiaries of their retirement accounts. However, there can be some drawbacks to thi