The Penny Hoarder

Often, divorcing couples pull money out of retirement accounts because they simply don’t have other available liquid funds to handle the substantial expenses of a divorce — or because one or both parties become very litigious, says Dori Goikhman, an attorney-mediator and founder of Off the Record Mediation Services based in Silicon Valley. If you’re preparing for a divorce and making contributions to a retirement account, you need to file as soon as possible, because any post-filing contributions made to the account are not divisible with your soon-to-be former spouse, says Rajeh Saadeh, a high stakes divorce and family attorney in New York and New Jersey. If this is not correctly completed and accepted before the divorce is final, then the money moves with a tax consequence, says Beth Logan, author of “Divorce and Taxes after Tax Reform. A good tax professional should look at the expected after-tax value of the retirement fund and split the savings so the couple pays the least taxes now and in the future.

If you’re not using Aspiration’s debit card, you’re missing out on extra cash. You can download the free Fetch Rewards app here to start getting free gift cards. Credit card debt is the most expensive kind of debt, and your credit card company is just getting rich by ripping you off with high interest rates. If you owe your credit card companies $50,000 or less, AmOne will match you with a low-interest loan you can use to pay off every single one of your balances.

Let’s say you’re shopping for a new TV, and you assume you’ve found the best price. Using it’s savings estimate tool, you could save between $365 and $1,825 every single year, depending on how many online purchases you make. Your debit card gets you up to 10% cash back on your purchases and can earn you 16 times the average interest on the money in your account. Luckily, an insurance company called Policygenius makes it easy to find out how much you’re overpaying.

This Credit Card Will Match All the Cash Back You Earn at the End of Your First Year Finding a rewards credit card that maximizes your cash-back earnings can be difficult. Throughout the year, you’ll earn 5% cash back on your purchases from different places each quarter (up to $1,500 per quarter) when you sign up. Plus, at the end of your first 12 months as a new cardholder, the Discover it® Cash Back card will match your cash back. In the 5% cash-back categories, you’ll get 5% cash-back on up to $1,500 in purchases each quarter.